Different Paths to a Market Economy: China and European Economies in Transition [electronic resource] /
Centre d'études prospectives et d'informations internationales (France).
Centre for Economic Policy Research (Great Britain).
Organisation for Economic Co-operation and Development.
Lemoine, FrançoiseContributor
Coricelli, FabrizioContributor
Bouin, OContributor
Paris : OECD Publishing,
1998.
The similarities and differences between the transition experiences of the Central European countries and the People's Republic of China are often, wrongly, taken as alternative approaches to the same problem. In reality, there is great complexity, not only in the environments of these two great regions -- for China is as big as a region by itself -- but also within them and, therefore, great complexity in the transition process itself.The chapters in this volume, originally produced as papers for a joint OECD Development Centre/CEPR/CEPII Conference in Budapest, examine and contrast the experience of the different jurisdictions within which transition is underway. The authors concentrate on three, broad areas of commonality: public finance; foreign trade regime; and financial intermediation and a critical chapter synthesizes their findings at the end of each part. Differences do, of course, emerge, but so do similarities, leading to general policy conclusions applicable to all transition societies.
Preface by Jean Bonvin, Jean Pisani-Ferry and Richard Portes -- Overview -- Part One: Fiscal Policy and the Fiscal System -- Fiscal Decline and Quasi-Fiscal Response: China's Fiscal Policy and System 1978-94 by Bert Hofman -- Fiscal Constraints and the Speed of Transition in the CEEC's by Fabrizio Coricelli -- A Comment by Mark Schaffer -- Part Two: Trade Policy and Trade Patterns -- Economic Transition and Trade Policy Reform: Lessons from China by Kiichiro Fukasaku and H.-B. Solignac Lecomte -- Trade Policy and Trade Patterns during Transition: China and the CEEC's Compared by Francoise Lemoine -- A Comment by Richard Pomfret -- Part Three: Financial Intermediation -- Financial Discipline and State Enterprise Reform in China in the 1990s by Olivier Bouin -- Financial Intermediation in China by Wing Thye Woo -- Financial Structure of Firms in the CEECs by Francesca Cornelli, Richard Portes, and Mark Schaffer -- Banks During Recovery: Missing in Action? A Comment by Jerome Sgard -- List of Participants
The similarities and differences between the transition experiences of the Central European countries and the People's Republic of China are often, wrongly, taken as alternative approaches to the same problem. In reality, there is great complexity, not only in the environments of these two great regions -- for China is as big as a region by itself -- but also within them and, therefore, great complexity in the transition process itself.The chapters in this volume, originally produced as papers for a joint OECD Development Centre/CEPR/CEPII Conference in Budapest, examine and contrast the experience of the different jurisdictions within which transition is underway. The authors concentrate on three, broad areas of commonality: public finance; foreign trade regime; and financial intermediation and a critical chapter synthesizes their findings at the end of each part. Differences do, of course, emerge, but so do similarities, leading to general policy conclusions applicable to all transition societies.
Bibliographic Level Mode of Issuance: Monograph
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