[Reform Debate: Economics of Speed and Passion]
AbstractIn term of time and space, economic changes are non-ergodic, reform speed and equilibrium is determined by the characteristics of time and space. The great achievements of China's gradual reforms are by no means accidental, time-space dependence and non-ergodic economic changes is consistent with the guiding ideology of “feeling our way across the river”, by time-space compression, China's gradual reforms have exhibited dynamic adaptive efficiency.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 11564.
Date of creation: Aug 2008
Date of revision:
non-ergodicity; reform; time-space; dynamic adaptive efficiency; speed and equilibrium;
Find related papers by JEL classification:
- B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
- P51 - Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
- B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
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