Title: China
First published: 1997
Description: The starting-point of Dr Chai's analysis is a careful examination of the structural elements of China's new economic system, focusing particularly on the decentralization of property rights in both the agricultural and industrial sectors. There follows a detailed analysis of changes in the functional elements of the system: its price and financial mechanisms. An assessment of the open-door policy also considers the twin impact of the liberalization of China's foreign trade and foreign investment regimes. Finally, China: Transition to a Market Economy highlights the increasingly important role of the non-state sector in facilitating economic growth and structural transformation.
Subjects: Economic policy, Economic conditions, China, economic policy, China, economic conditions, 1949-
Places: China
Time periods: 1976-2000
LC classification: HC427.92 .C3126 1997