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China: Economic Reform and Macroeconomic Management

Author

Listed:
  • Mr. Gyorgy Szapary
  • Mr. Steven V Dunaway
  • Mr. David Burton
  • Mr. Mario I. Bléjer

Abstract

China encountered problems preserving economic stability while pursuing reforms aimed at increasing its economic flexibility and efficiency. This paper examines China's experience with market-oriented reforms since 1978, offering lessons for other centrally planned economies in the midst of transition to free markets.

Suggested Citation

  • Mr. Gyorgy Szapary & Mr. Steven V Dunaway & Mr. David Burton & Mr. Mario I. Bléjer, 1991. "China: Economic Reform and Macroeconomic Management," IMF Occasional Papers 1991/007, International Monetary Fund.
  • Handle: RePEc:imf:imfops:1991/007
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    Citations

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    Cited by:

    1. Alan Gelb & Gary Jefferson & Inderjit Singh, 1993. "Can Communist Economies Transform Incrementally? The Experience of China," NBER Chapters, in: NBER Macroeconomics Annual 1993, Volume 8, pages 87-150, National Bureau of Economic Research, Inc.
    2. A.S. Bhalla, 1998. "Sino-Indian Liberalization: The Role of Trade and Foreign Investment," Economic Change and Restructuring, Springer, vol. 31(2), pages 151-173, May.
    3. Aizenman, Joshua & Isard, Peter, 1993. "Externalities, incentives, and failure to achieve national objectives in decentralized economies," Journal of Development Economics, Elsevier, vol. 41(1), pages 95-114, June.
    4. Muhd-Zulkhibri & A. Majid, 2005. "Modelling the Stability of Money Demand in Small Open Economy: The Case of Malaysia," The IUP Journal of Applied Economics, IUP Publications, vol. 0(2), pages 7-23, March.
    5. Chien-Chiang Lee & Mei-Se Chien, 2008. "Stability of money demand function revisited in China," Applied Economics, Taylor & Francis Journals, vol. 40(24), pages 3185-3197.

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