The Market Mechanism and Economic Reforms in China : Studies on Contemporary China - William Byrd

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The Market Mechanism and Economic Reforms in China

Name: The Market Mechanism and Economic Reforms in China
Brand: M E SHARPE INC
Price: 305.9 AUD
Availability: BackOrder

By: William Byrd

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Hardcover | 1 December 1990

At a Glance

Hardcover
264 Pages

Dimensions(cm)
22.9 x 15.2 x 2.54

Hardcover

RRP $368.00

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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 - 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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