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Pareto-Improving Economic Reforms through Dual-Track Liberalization Author info | Abstract | Publisher info | Download info | Related research | Statistics Lau, Lawrence J
Qian, Yingyi
Roland, Gérard
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Pareto-improving economic reforms that also simultaneously achieve efficiency can be implemented through a strategy of ‘dual-track’ liberalization. Its success requires the feasibility of the original plan and its continued enforcement by the state. The Chinese experience demonstrates that such a strategy works.
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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number
1595.
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Date of creation: Apr 1997Date of revision:
Handle: RePEc:cpr:ceprdp:1595Contact details of provider: Postal: Centre for Economic Policy Research, 53--56 Great Sutton Street, London EC1V 0DG Phone: 44 - 20 - 7183 8801 Fax: 44 - 20 - 7183 8820
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Keywords: Dual-track price liberalization General Equilibrium Pareto-improving economic reforms Other versions of this item:
Find related papers by JEL classification: D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General D60 - Microeconomics - - Welfare Economics - - - General P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform P22 - Economic Systems - - Socialist Systems and Transition Economies - - - Prices P41 - Economic Systems - - Other Economic Systems - - - Planning, Coordination, and Reform
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Gerard Roland & Thierry Verdier, 1999.
"Law Enforcement and Transition ,"
William Davidson Institute Working Papers Series
262, William Davidson Institute at the University of Michigan Stephen M. Ross Business School.
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Other versions:
Roland, Gérard & Verdier, Thierry, 2000.
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"Reform without Losers: An Interpretation of China's Dual-Track Approach to Transition ,"
Working Papers
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Lau, Lawrence J & Qian, Yingyi & Roland, Gérard, 1998.
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William Davidson Institute Working Papers Series
137, William Davidson Institute at the University of Michigan Stephen M. Ross Business School.
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"Reform without Losers: An Interpretation of China's Dual-Track Approach to Transition ,"
Working Papers
97048, Stanford University, Department of Economics.
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"The Political Economy of Transition ,"
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Jiahua Che & Giovanni Facchini, 2007.
"Dual Track Reforms: With and Without Losers ,"
Economics Discussion Papers
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"Corruption and Resource Allocation Under China's Dual Track System ,"
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0179, Econometric Society.
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Jiahua Che & Giovanni Facchini, 2004.
"Dual Track Liberalization: With and without losers ,"
Econometric Society 2004 Latin American Meetings
123, Econometric Society.
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"Vietnam's Lesson for China: An Examination of the Sachs–Woo Hypothesis ,"
Comparative Economic Studies ,
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