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portada China'S Price and Enterprise Reform (Studies on the Chinese Economy)
Type
Physical Book
Year
1998
Language
English
Pages
183
Format
Paperback
Dimensions
21.6x14x1.2 cm
Weight
0.27 kg.
ISBN13
9781349145331
Edition No.
1

China'S Price and Enterprise Reform (Studies on the Chinese Economy)

Wang Xiao-Qiang (Author) · Palgrave MacMillan · Paperback

China'S Price and Enterprise Reform (Studies on the Chinese Economy) - Xiao-Qiang, Wang

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Synopsis "China'S Price and Enterprise Reform (Studies on the Chinese Economy) "

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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