China's Price and Enterprise Reform 1998 Edition Contributor(s): Xiao-Qiang, Wang (Author) |
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ISBN: 1349145335 ISBN-13: 9781349145331 Publisher: Palgrave MacMillan OUR PRICE: $52.24 Product Type: Paperback Published: January 1998 |
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. |