China's Price and Enterprise Reform 1998 (Heftet)

Serie: Studies on the Chinese Economy 


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Innbinding: Heftet
Utgivelsesår: 1998
Antall sider: 204
Forlag: Palgrave Macmillan
Språk: Engelsk
Serie: Studies on the Chinese Economy
ISBN/EAN: 9781349145331
Kategori: Økonomi og ledelse
Omtale: China's Price and Enterprise Reform 1998
Based on the experiences of Chinese reforms, the book criticises the transition theories of the 'big-bang' and privatisation represented by Sachs and Kornai. Along with the adjustment of the industrial structure, the Chinese government decontrolled prices gradually. Meanwhile, the state-owned enterprise reform in China is leading to enhance managerial autonomy rather than privatisation. China has combined the 'gradual approach' of transition with the gradual process of economic development. The combination of transition and development gave China a chance to try something new.

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