Anatomy of Local Protectionism
China's former economic system emerged at the end of the First Five-Year Plan. It was a highly centralized planning system characterized by administrative coordination. This system not only repressed local enthusiasm but also contradicted the objective demand for multilevel management by subsuming all activity into a gargantuan system. The central government, incapable of coping with it, unavoidably committed policy mistakes.
Volume (Year): 26 (1993)
Issue (Month): 5 (October)
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