The Market Mechanism and Economic Reforms in China
by
William Byrd
Book Details
Format
Hardback or Cased Book
ISBN-10
0873327195
ISBN-13
9780873327190
Publisher
Taylor & Francis Inc
Imprint
M.E. Sharpe
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jan 31st, 1991
Print length
264 Pages
Weight
453 grams
Product Classification:
MacroeconomicsIndustry & industrial studies
Ksh 33,300.00
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This theoretical and empirical study of market-oriented reforms in Chinese industry since the late 1970s focuses on the expansion of the market mechanism in the allocation of industrial products and the concurrent decline of directive planning.
This theoretical and empirical study of market-oriented reforms in Chinese industry since the late 1970s focuses on the expansion of the market mechanism in the allocation of industrial products and the concurrent decline of directive planning - a strategy that is a crucial component of the ambitious overall reform "package" that Chinese reformers are trying to implement. The expanding role of Chinese industrial goods has had major implications for the functioning and importance of planning which, the author argues, has become largely irrelevant in terms of direct control over short-term allocation.
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