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 one of...
The tremendous success of China's economic reform, in contrast with the vast difficulties encountered by the former Soviet Union and Eastern European ...
This book provides a detailed review of the accumulated experience and lessons from China s agricultural reform and opening-up since the late 1970s, examining various aspects of this transition and providing a new perspective that can contribute to developing economic theories. The success of China s reform and opening up creates benefits for farmers, and is driven by farmers. The past experience, problems revealed and lessons learned from failures of market-orientated and progressive reform can provide valuable guidance for those developing countries still lagging behind China.
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This book provides a detailed review of the accumulated experience and lessons from China s agricultural reform and opening-up since the late 1970s...
