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China's Transition from Socialism? - Statist Legacies and Market Reforms, 1980-90 (Paperback)
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China's Transition from Socialism? - Statist Legacies and Market Reforms, 1980-90 (Paperback)
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The essays in this volume address the industrial, commercial, urban
and regional reforms of China's planned economy during the 1980s.
The emphasis is on the dominating institutional and bureaucratic
presence of the state even as it sought to loosen the pre-1979
vertically structured centralised command system and to introduce
some market principles to stimulate economic activity. The essays
fall into four categories: theoretical and policy discussions and
debates at the central leadership level; reform of the urban
economy and of inter-regional relations; industrial and commercial
reforms; and the rise and position of the new entrepreneurial
class. Many of the essays draw on interviews with Chinese economic
officials in the Central China city of Wuhan and therefore this is
the only study that uses local data on actual operations of reforms
from a Chinese city; the other sources are the Chinese press and
Chinese official and scholarly journals. In each of the categories
there are pieces from different points in the chronological process
of reform. This study begins with the first theoretical discussions
among China's economists and top political leaders in the late
1970s and concludes with experiments with bankruptcy and stock
markets in the late 1980s. The countervailing heavy presence of the
state at both the policy and the practical levels throughout the
reform decade is its unifying theme.
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