IDEAS home Printed from
   My bibliography  Save this article

Questioning the Formulation "People-Run Economy"


  • Bai Yongxiu
  • Ma Xiaoqiang


>p>In recent years, the formulation "people-run economy" >i>[minying jingji]>/i> has emerged with increasing frequency in all sorts of documents and literature in the field of economic studies and in the news media. In the beginning, people started to use the term, "people-run economy," to refer to economies that were under the nonpublic system of ownership; however, in reality, it has proved to be a very vague and ambiguous concept, and one that has caused a certain degree of confusion both in theory and practice. Its unscientific character has been manifested in the following areas:>/p>>p>First, the formulation "people-run economy" fails to reflect accurately or precisely the nature and character of the variety of types and forms of economies included within the scope of the term with regard to the ownership systems to which they would belong, and, therefore, the use of the term merely serves to blur people's lines of vision.>/p>

Suggested Citation

  • Bai Yongxiu & Ma Xiaoqiang, 1998. "Questioning the Formulation "People-Run Economy"," Chinese Economy, Taylor & Francis Journals, vol. 31(1), pages 41-47, January.
  • Handle: RePEc:mes:chinec:v:31:y:1998:i:1:p:41-47

    Download full text from publisher

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:chinec:v:31:y:1998:i:1:p:41-47. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst). General contact details of provider: .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.