Lecture plan ECON4940, Spring 2007
Chinese Economic Reform
Lectures: Tuesday 10:15-12:00, Aud. 6
Seminar 1: Wednesday 16.15-18:00, ES847; Seminar 2: Monday 10:15-12, HH150
Lecturers: Olav Bjerkholt (OB), Kaiji Chen (KJC) & Sheetal K. Chand (SKC)
Week 3
16.01.07
Lecture 1 (OB): How to approach the Chinese economic
development? Price scissors in China.
Sah & Stiglitz (1984, 1987), Wu (2005, Ch. 1).
Week 4
23.01.07
Lecture 2 (OB): From producers’ cooperatives to people’s
Communes to the Contracting System. Labour allocation in
cooperative enterprises.
Sen (1966), Lin (1990), Wu (2005, Ch. 2.1 & 3.1).
Week 5
30.01.07
Lecture 3 (OB): From agricultural reform to TVEs. How to
reform a centrally planned industrial sector?
29/31.01.07 Seminar 1
Week 6
06.02.07
Lecture 4 (SC): China's Socialist Market Economy
Virmani (2005)
No seminar
Week 7
13.02.07
Lecture 5 (SC): India and China compared
DeLong (2001)
12/14.02.07 Seminar 2 (OB)
Week 8
20.02.07
Lecture 6 (OB): The second phase of reform 1984-1988. The
two-track price system.
19/21.02.07 Seminar 3 (SKC)
Week 9
No lectures/seminar
Week 10
06.03.07
Cancelled
05/07.03.07 Seminar 4 (OB)
Week 11
13.03.07
Lecture 7 (KJC): The Chinese Saving Puzzle
Modigliani Cao (2004), Kraay (2000)
Week 12
20.03.06
Lecture 8 (KJC): The Chinese foreign asset position
Lane & Schmukler (2006), Dollar & Kraay (2006), Mendoza, Rios-Rull &
Quadrini
19/21.03.07 Seminar 5 (OB)
Week 13
27.03.07
Lecture 9 (KJC): Chinese Social Security System and Reform
Diamond (2005), Feldstein (1998)
26/28.03.07 Seminar 6 (KJC)
Week 14
EASTER
Week 15
10.04.07
Lecture 10 (OB): The reform of state enterprises. The
transformation of the Chinese planning system.
Week 16
17.04.07
Lecture 11 (OB): The “opening-up”. The role of trade reforms.
16.04.07
Seminar 7 (merged)
Week 17
24.04.07
Lecture 12 (OB): Social changes and political reforms
23.04.07
Seminar 8 (merged)
Week 18
01.05.07
No lecture
30.04.07
Seminar 9 (merged)
Week 19
07.05.07
Seminar 10 (merged)
08.05.07
Lecture 13 (OB): Questioning the future of the Chinese
economic reform.