The China Miracle: Development Strategy and Economic Reform

By Unknown Author.

The China Miracle: Development Strategy and Economic Reform

Description

The tremendous success of China's economic reform, in contrast with the vast difficulties encountered by the former Soviet Union and Eastern European countries in their transition, has attracted worldwide attention. Using a historical, comparative and analytic approach grounded in mainstream economics, the authors develop a consistent and rational framework of state-owned enterprises and individual agents to analyze the internal logic of the traditional Chinese planning system. They also explain why the Chinese economy grew slowly before the market-oriented reform in 1979 but became on...

ISBN(s)

9622019854, 9789622019850

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