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An Introduction to the Institute of Economics of the Chinese Academy of Social Sciences (CASS)

The Institute of Economics of the Chinese Academy of Social Sciences (CASS) grew out of the Institute of Social Survey of the Chinese Education and Culture Foundation established in 1929. In 1934, the Institute of Social Survey merged with the Institute of Social Sciences of the Academia Sinica , and the name of the Institute of Social Sciences remained unchanged. It was renamed the Institute of Social Studies of the Academia Sinica in 1945. After New China was founded in 1949, it was renamed the Institute of Social Studies of the Chinese Academy of Sciences (CAS). In 1953, it was renamed again the Institute of Economics of the Chinese Academy of Sciences (CAS). The current name — Institute of Economics of the Chinese Academy of Social Sciences (CASS) has been used since 1977. So far, the Institute of Economics has become a comprehensive economic research institution which combines theoretical economics, applied economics and economic history (including economic history and history of economic thought) with basic theoretical research as its main task.


I. Research Direction and Tasks
The Institute of Economics studies both theoretical economics and applied economics. On the one hand, it should study major theoretical and practical problems concerning readjustment of ownership, reform of the enterprise system, income distribution among urban and rural residents, macro control and implementation of policies in light of the realities of economic transition and social development. On the other hand, it gives play to its advantages of talented people and studies contemporary and modern Chinese economic history as well as Chinese and foreign history of economic thought. In particular, it closely follows the new trends of development of the world’s economic thought, draws on and absorbs extensively new methods and theories of modern Western economics and continues to score new achievements in comprehensive research on special subjects.


II. Composition of Personnel and Major Scientific Research Activities
At present, the Institute of Economics consists of 145 employees, including 31 senior researchers, 42 associate researchers, 37 intermediate researchers and 35 other members.
The Institute of Economics has 8 research departments. Their major research fields are as follows:
1. The Department of Macroeconomics. It studies macroeconomics and the theory of economic growth, development economics, institutional economics and international economics closely related to macroeconomic issues.
2. The Department of Contemporary Western Economic Theory. It pursues completely the latest developments of modern Western economic theory and the history of Western economic theory conducted by contemporary scholars, sums up systematically the development thread of Western economic thought and holds comprehensively the trends of development of Western economic thought.
3. The Department of Political Economy/The Department of Capital. It studies the basic theory of political economy, discusses major theoretical and practical problems arising in the transition of China’s economic structure and economic development and provides the basic theoretical support for the development of applied economics and major national principles and policies.
4. The Department of Capital Theory. It studies China’s capital market and the relevant theoretical and empirical problems of capital formation and flow.
5. The Department of Microeconomics. It studies Chinese enterprises and the system, policy and theory related to the problems of Chinese enterprises.
6. The Department of Chinese Modern Economic History. It studies the history of economic development of the People’s Republic of China, the economic history of Hong Kong, Macao and Taiwan after the founding of the People’s Republic of China and the economic history of revolutionary base areas and liberated areas from 1927 to 1949 prior to the founding of the People’s Republic of China.
7. The Department of Chinese Economic History. It studies Chinese modern economic history and Chinese ancient economic history.
8. The Department of the History of Chinese Economic Thought /(The Department of Development Economics). It studies the history of Chinese economic thought and the history of foreign economic thought (with the emphasis on research on development economics).


At present, the Institute of Economics is engaged mainly in the improvement of the three basic disciplines of macroeconomics, political economy and Chinese economic history and in research on dozens of key subjects assigned by the state, the CASS and the Institute.
At present, the Institute of Economics administers 5 research centers at the level of the academy and 7 societies and foundations. They are as follows:
1. Research Centers. They include the Modern Economic History Center of the Chinese Academy of Social Sciences (CASS); the Underdeveloped Economic Center of the Chinese Academy of Social Sciences (CASS); UN Global Compact Center of the Chinese Academy of Social Sciences (CASS); the Japanese Market Economic Center of the Chinese Academy of Social Sciences (CASS); and the Non-Public Economic Center of the Chinese Academy of Social Sciences (CASS).
2. Societies and Foundations. They include Chinese “Capital” Research Society; Chinese Society for the Study of Socialist Economic Law and System; Chinese Research Society of Comparative Economics; Chinese Society of the History of Economic Thought; Chinese Society of Economic History; Sun Yefang Economic Science Foundation; and Guoguang Excellent Young Entrepreneur Innovation Research and Reward Fund.


III. Domestic and Foreign Academic Communications
The Institute of Economics has established broad cooperative relations with international economic research institutions, relevant organizations and societies, successfully held many important international academic activities and conferences and exerted a positive influence. It has conducted research on some special projects and subjects in cooperation with the Economic Restructuring Office of the State Council, the State Economic and Trade Commission, the State Development Planning Commission and China Securities Regulatory Commission and other government departments.


IV. Postgraduate Training
The Department of Economics of the Graduate School of the Chinese Academy of Social Sciences (CASS) is located in the Institute of Economics. It has 24 doctoral supervisors and offers four specialities: political economy, history of economic thought, economic history and Western economics. It has conferred doctorates on 112 students and master’s degrees on 132 students.


V. Library and Network Center
The library of the Institute of Economics has over 600,000 books, including 440,000 books in Chinese language (6,500 kinds of ancient books and annals of local history, over 19,000 letters and over 140,000 books) and 110,000 books in foreign languages. It has 5,000 kinds of newspapers and periodicals in Chinese and foreign languages. It stores books mainly in the speciality of economics and at the same time collects books, periodicals and materials in such specialities as philosophy, political science, law and history. It has established a computer network system and uses the library integrated management system to engage in various aspects of work. The book cataloguing uses standardized record, and there are about 110,000 data relative to title catalogues in Chinese and foreign languages. At present, inquiries about these data can be made through the network of the Chinese Academy of Social Sciences (CASS). Since 1995, the library has become a center for research on economics in the Chinese Academy of Social Sciences (CASS).
The main tasks and functions of the network center are to establish the outlets of the computer local area network and microwave urban area network within the three institutes – the Institute of Economics, the Institute of Industrial Economics and the Institute of Finance and Trade Economics and to take charge of construction, maintenance, operation, management and safety monitoring of the network equipment and supporting functional software related to the local area network under the unified planning and leadership of the network center of the CASS.


VI. Periodicals
The Institute of Economics publishes three periodicals. They are as follows:
Economic Research” (monthly). Chief Editor: Liu Shucheng. Founded in 1955, it is distributed openly at home and abroad. It features academic research, the times, innovation and future orientation, reflects China’s realities, faces the frontier of research on economic theory in the world. It is devoted to publish high-level theoretical articles about various principle economic problems arising in the process of reform and opening up, economic development and institutional transition in order to promote the modernization of China’s economy and economics.
Economic Perspectives” (monthly). Chief Editor: Wang Zhenzhong. Founded in 1960, it is distributed openly at home and abroad. It actively reflects the developments of domestic and foreign economic theory and economic thought attracting readers with academic, policy-related, forward-looking, practical, information-oriented and comprehensive features. It has become a periodical which is greatly welcomed by personnel in departments responsible for theoretical research, teaching and practical economic work .
Chinese Economic History Research” (quarterly). Chief Editor: Liu Lanxi. Founded in 1986, it is distributed openly at home and abroad. It upholds the following principle of publishing : seeking truth from facts and letting a hundred schools of thought contend, accepting or rejecting articles according to the principle of new theory, new method, new material and new problem. It is an influential periodical in the field of economic history.


Director of the Institute: Liu Shucheng
Deputy Directors of the Institute: Wu Taichang, Wang Zhenzhong and Zhu Ling

Address: No. 2, Yuetanbeixiaojie, Fuwai, Xicheng District, Beijing
Postcode: 100836
Tel: (010) 68030264 (010) 68034303
E-Mail: jjskyc@economic.cass.net.cn


 
 
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