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China's Price and Enterprise Reform 1998 Edition
Contributor(s): Xiao-Qiang, Wang (Author)
ISBN: 1349145335     ISBN-13: 9781349145331
Publisher: Palgrave MacMillan
OUR PRICE:   $52.24  
Product Type: Paperback
Published: January 1998
Qty:
Additional Information
BISAC Categories:
- Business & Economics | International - Economics
- Business & Economics | Economics - Microeconomics
- Business & Economics | Urban & Regional
Dewey: 338.5
Series: Studies on the Chinese Economy
Physical Information: 0.48" H x 5.5" W x 8.5" (0.59 lbs) 183 pages
Themes:
- Cultural Region - Chinese
 
Descriptions, Reviews, Etc.
Publisher Description:
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.