The Market Mechanism and Economic Reforms in China

by William A. Byrd

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...

• Format: Hardcover
• Language: English
• ISBN: 0873327195
• ISBN13: 9780873327190
• Release Date: January 1991
• Publisher: Routledge
• Length: 264 Pages