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The Role of Planning in China's Market Economy

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Author Info
Gregory C. Chow
Abstract

This paper addresses issues raised in 'The Background of China's Planning Institutional Reform’ circulated in advance of the International Conference on China's Planning System Reform, held on 24--25 March 2004 in Beijing. The discussion is structured around four topics: (1) the scope of planning; (2) the administration of the planning system; (3) methods of planning; and (4) the coordination of planning with market activities. A critical issue is whether the Chinese government is doing too much or too little in planning the broad range of activities in a market economy, and various policy options are examined in relation to this issue. A central conclusion is that as China's economic and political system evolves within the framework of the Five-Year Plan, the scope of planning will naturally reduce as the market sector replaces a number of activities formerly undertaken by government.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Journal of Chinese Economic and Business Studies.

Volume (Year): 3 (2005)
Issue (Month): 3 (November)
Pages: 193-203
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Handle: RePEc:taf:jocebs:v:3:y:2005:i:3:p:193-203

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Related research
Keywords: China; eonomic planning; policy options;

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  1. Homayara Latifa Ahmed & Md. Jahangir Alam & Saeed Alamgir Jafar & Sawlat Hilmi Zaman, 2008. "A Conceptual Review on Corporate Governance and its Effect on Firm's Performance: Bangladesh Perspective," AIUB Bus Econ Working Paper Series AIUB-BUS-ECON-2008-10, American International University-Bangladesh, Office of Research and Publications (ORP), revised Mar 2008. [Downloadable!]
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