Economic reform in China
Subtitle: problems and prospects
By: edited by James A. Dorn and Wang Xi.
Contributors: Dorn, James A.; Wang, Xi.; Cato Institute.; Fu dan da xue (Shanghai, China)
Publisher: University of Chicago Press
Published: 1990
Place of publication: Chicago
Language: eng
Number of pages: 383
Subjects: Central planning -- China -- Congresses; Economic forecasting -- China -- Congresses; China -- Economic policy -- 1976-2000 -- Congresses; China -- Foreign economic relations -- Congresses
Genres: Congresses.
Description: 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.--Publisher description.
Notes: Includes bibliographical references and index.
"A Cato Institute book"--Facing t.p.
Based on a Cato Institute conference, cosponsored by Fudan University in Shanghai and held in September 1988 at the Shanghai Hilton.