Thursday, October 6

Chinese scholars can make greater contributions to development economics

Chinese scholars, especially scholars who have developed economics research, in the world’s largest developing country, people who have the meaning of world meaning and historical significance, what contributions can be made to the world economic development and development of economics innovation?Around this issue, the student student interviewed Lin Yifu, a professor of Peking University, Lin Yifu, Zhejiang University, Liu Pei Lin.

Made a valid point: development economics is an important branch of economics, how should understand the core mission of the connotation of development economics and development? Lin Yifu: the development of visual performance is the expansion of the scale, but its fundamental meaning it is a series of changes and upgrade structures, such as endowment structure, industrial structure, economic growth in factor inputs and active force structure, spatial distribution of population and economic activity structure, The structure of consumption, foreign trade structure. At the same time, the economies of scale of different skill levels of the industry, risk profile, market trading range, trading is not the same, infrastructure and institutional arrangements will be different needs, formulate government policy focus is not the same. The core task of development economics is to reveal structural changes and upgrades law and propose the structure smooth upgrade and continue to promote strategies and policy system.

Liu Peilin: After World War II, development economics worldwide has experienced two waves of big ideas, but failed in its application in developing countries are ended.

With a wave of structuralism represented and advocated a comprehensive government intervention, trying to go beyond the development of the industrial system endowment structure, resulting in some of the country’s economy after experiencing a brief rapid growth driven by investment stalled, and crises.

With another wave of neo-liberalism, represented by the emerging developing countries blamed government failure, advocated the government should completely let go, aggressively promote privatization and marketization, that the market will solve all problems.

Both Porth tide have ended in failure. It is based on the development of their own summary of economic development and economic development in developing countries since the end of World War II, we propose a new structural economics.

We believe that development is a process of structural change, and promote the transformation and upgrading of the structure of the market and the need for effective and promising government coordination, work together.

Only two coordination in order to effectively promote the upgrading and economic development. It is also based on the successful practice of China’s economic development concluded.

Made a valid point: Since the reform and opening up, China has made remarkable economic achievements. China taken effective measures in promoting economic development, which has accumulated successful experience? Lin: After the reform and opening up, China based on national conditions, gradual economic reform, and gradually improve the market position in the allocation of resources; at the same time pay attention to the role of good government, to make the best use of state-owned economy and promote private economic development industries with comparative advantages, in order to fully use latecomer advantages to accelerate economic development and capital accumulation.

Rapid economic growth and capital accumulation to enhance the endowment structure, change the comparative advantage and create the conditions for industrial upgrading.

In this way, China to better balance the relationship between reform, development and stability, and for the major contradictions and problems at different stages of development, put forward the concept of development, promote stable and rapid industrialization and urbanization in the successful implementation of economic take-off. Liu Peilin: specifically, including the following aspects.

First, effective social mobilization, formation of a social consensus to promote economic growth and development, to ensure that the reform has achieved obvious effects around the general benefit of development.

Second, actively promote rural economic reform, greatly mobilized the enthusiasm, initiative and creativity of farmers to develop production. Third is to build a competitive industrial system, accumulated a lot about growth, development, innovation and coordination of social knowledge.

Fourth, the economic take-off driven by rapid development of urbanization, and to avoid the phenomenon of slums in many developing countries.

Fifth, the gradual integration into the world economy, expanding sources of technology and market space. Sixth, always pay attention to efficient markets and promising to play a good role in the government’s hands. Seven is the balance between efficiency and equity, effectively promote poverty reduction, more inclusive development.

Eight is to focus on maintaining independence and security development process management development. Made a valid point: What can share useful experience of China to the world, what contribution China can make to the development of academic innovation and development economics? Lin Yifu: Implementation and Western developed countries under the old system of international relations experience compared to the industrialization and modernization, experience since China’s reform and opening fast-growing closer to the needs of today’s most developing countries. Effective and promising market to play a good two hands of government action, the CAF step by step to promote industrial upgrading and urbanization, could provide useful reference and inspiration for developing countries to develop their economies. However, it should be noted that although remarkable achievements in China’s development, but developed problems after less than no development.

Internally, how to better implement when approaching entry into the national ranks of high-income developing new ideas, high-quality development; how to maintain and improve social mobility for everyone involved, everyone is trying to create a more equitable conditions; how to increase labor remuneration in primary distribution and secondary distribution improvement, to achieve universal access and common prosperity, etc., need to make a scientific theory of economic development solutions.

From the outside, in the process towards a high-income countries, how to co-ordinate development and security, maintenance and continuation of important strategic opportunities; how to implement a common, comprehensive, cooperative and sustainable security concept, promote the formation of the pattern of common development of all countries; how unimpeded by large domestic circulation and attract global high-end goods, services and factors of production; in particular, how to participate in and even lead the global monetary system reform global governance and so on, all prospective studies need to be the theory of economic development. Answers to these questions will promote the development of Economics with Chinese characteristics to achieve greater development.

In the future, Chinese scholars to Xi Jinping in a new era of socialism with Chinese characteristics under the guidance of the idea economy, further summarizes good knowledge of development economics based on the experience of China, as an important contribution to the world of global public goods, promote common development of developing countries, to promote the building of human community of destiny. (Studio rational words Zheng Yan-bing editor) (Editor: Peng Wan, Liu Yuanyuan).