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China's Transitional Economy (Paperback)
Loot Price: R1,179
Discovery Miles 11 790
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China's Transitional Economy (Paperback)
Series: Studies on Contemporary China
Expected to ship within 12 - 17 working days
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China's post-Mao economic reforms have generated and sustained
economic growth, unprecedented rises in real income and living
standards, and have transformed a long-time insular economy into a
major trading nation. China now figures prominently in
international policy debates about what is to be done to transform
the stagnating economies of Eastern Europe. As a gradual rather
than an abrupt transition to the market, with public industry
protected rather than subject to privatization, China's reform path
has confounded the widespread and deeply held belief that gradual
reform and public ownership simply cannot work. The contributions
to this volume draw out the policy and theoretical implications of
China's transitional economy. They lay out the notable features of
China's reform path, analyse the successes and failures of the
reform, and discuss whether they can be sustained, or whether the
uncertain leadership transition, growing potential for social
instability, and continuing problems of unemployment, uprooted
rural populations, deepening political corruption, and declining
central power point to a future fraught with risk and instability.
;This book is intended for scholars and
General
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