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Books > Business & Economics > Economics > Macroeconomics
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Economic Reform in China - Problems and Prospects (Hardcover, New)
Loot Price: R1,924
Discovery Miles 19 240
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Economic Reform in China - Problems and Prospects (Hardcover, New)
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In this volume, distinguished Chinese and Western scholars provide
a detailed examination of the problems associated with China's
transition to a market-oriented system. A variety of reform
proposals, aimed at resolving the contradictions inherent in
piecemeal reform, are discussed along with the chances for future
liberalization.
These clearly written and insightful essays address the roots of
China's crisis. The authors focus on institutional changes
necessary for a spontaneous market order and point to the close
relation between economic reform and political-constitutional
reform. Topics include the speed and degree of the transition,
whether ownership reform must precede price reform, how inflation
can be avoided, steps to depoliticize economic life, how to create
an environment conducive to foreign trade and investment, and how
to institute basic constitutional change and open China to the
outside world.
The revolutionary changes now shaking the foundations of socialism
and central planning in the Soviet Union and Eastern and Central
Europe are sure to have an impact on China's future. Despite their
seriousness, the events of Tiananmen Square may constitute only a
temporary detour on the road toward a private market order. The
essays in this volume help lay a rational framework for
understanding China's present problems and for discussing the
prospects for future reform.
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