The Process of China's Market Transition (1978-1998): The Evolutionary, Historical, and Comparative Perspectives
AbstractChina's transition to the market followed a different path from those countries in eastern Europe and the former Soviet Union. This paper tells the story of this transition process. In the first stage (1979-1993), the system was reformed incrementally to improve incentives and increase the scope of the market. In the second stage (from 1994), new institutions supporting the market are being built before old institutions have been destroyed. The paper traces the roots to the Chinese planning system since 1958, which differed significantly from the Soviet model. The successful Chinese path of transition challenges the conventional wisdom but fits Popper's notion of "piecemeal social engineering."
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Mohr Siebeck, Tübingen in its journal Journal of Institutional and Theoretical Economics.
Volume (Year): 156 (2000)
Issue (Month): 1 (March)
Contact details of provider:
Web page: http://www.mohr.de/jite
Postal: Mohr Siebeck GmbH & Co. KG, P.O.Box 2040, 72010 Tübingen, Germany
Find related papers by JEL classification:
- P2 - Economic Systems - - Socialist Systems and Transition Economies
- P5 - Economic Systems - - Comparative Economic Systems
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Chi, Wei & Wang, Yijiang, 2007.
"Ownership, Performance and Executive Turnover,"
15302, University Library of Munich, Germany, revised Apr 2009.
- Krug, B. & Hendrischke, H., 2001. "The Emergence of a Private Business Sector in China," ERIM Report Series Research in Management ERS-2001-03-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni.
- Chen, Charles J.P. & Li, Zengquan & Su, Xijia & Sun, Zheng, 2011. "Rent-seeking incentives, corporate political connections, and the control structure of private firms: Chinese evidence," Journal of Corporate Finance, Elsevier, vol. 17(2), pages 229-243, April.
- Giovanni Dosi & Jiasu Lei & Xiaodan Yu, 2013. "Institutional Change and Productivity Growth in China's Manufacturing 1998-2007: the Microeconomics of Creative Restructuring," LEM Papers Series 2013/07, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Noland, Marcus & Son, Hyun H., 2012. "Editors’ introduction transitional economies: Progress and pitfalls," Journal of Asian Economics, Elsevier, vol. 23(2), pages 107-110.
- Zhang, Ying & Duysters, Geert, 2010.
"Entrepreneurship Development and the Role of Economic Transition in Entrepreneurial Activities in China,"
MERIT Working Papers
036, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
- Zhang, Ying & Duysters, Geert, 2010. "Entrepreneurship Development and the Role of Economic Transition in Entrepreneurial Activities in China," UNU-MERIT Working Paper Series 036, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.
- Carsten A. Holz, 2005.
"China’s Economic Growth 1978-2025: What We Know Today about China’s Economic Growth Tomorrow,"
Development and Comp Systems
- Holz, Carsten A., 2008. "China's Economic Growth 1978-2025: What We Know Today About China's Economic Growth Tomorrow," World Development, Elsevier, vol. 36(10), pages 1665-1691, October.
- Carsten A Holz, 2005. "China’s Economic Growth 1978-2025: What We Know Today about China’s Economic Growth Tomorrow," Development and Comp Systems 0512002, EconWPA.
- Krug, B. & Belschak, F.D., 2001. "Combining Commerce and Culture," ERIM Report Series Research in Management ERS-2001-84-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni.
- Zhou, Wubiao, 2009. "Bank Financing in China's Private Sector: The Payoffs of Political Capital," World Development, Elsevier, vol. 37(4), pages 787-799, April.
- Shah, Anwar, 2005. "Fiscal decentralization and fiscal performance," Policy Research Working Paper Series 3786, The World Bank.
- Hongyun Han, 2010. "Trends in educational assortative marriage in China from 1970 to 2000," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 22(24), pages 733-770, April.
- Krug, B. & Polos, L., 2000. "The Strawberry Growth Underneath the Nettle: the emergence of entrepreneurs in China," ERIM Report Series Research in Management ERS-2000-34-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Wolpert).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.