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China’s Price and Enterprise Reform

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China’s Price and Enterprise Reform Synopsis

Based on the experiences of Chinese reforms, the book criticises the transition theories of the 'big-bang' and privatisation represented by Sachs and Kornai. Along with the adjustment of the industrial structure, the Chinese government decontrolled prices gradually. Meanwhile, the state-owned enterprise reform in China is leading to enhance managerial autonomy rather than privatisation. China has combined the 'gradual approach' of transition with the gradual process of economic development. The combination of transition and development gave China a chance to try something new.

About This Edition

ISBN: 9781349145331
Publication date:
Author: Wang Xiaoqiang
Publisher: Palgrave Macmillan
Format: Paperback
Pagination: 183 pages
Series: Studies on the Chinese Economy
Genres: Political economy
Regional / International studies
Microeconomics
Organizational theory and behaviour
Entrepreneurship / Start-ups

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