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Taylor & Francis Journals Auto-Holdings Collection
Beschreibungen/Notizen
China's approach toward post-Stalinist reform contrasts markedly with that of most other former centrally planned economies. However, China confounded the consensus of critical opinion. Even after the Tiananmen massacre, neither reform nor economic growth was halted. Instead of moving rapidly toward a system in which private property is the dominant form of ownership, China was committed to experimentalism and gradualism in ownership reform in the 1980s. In almost all key aspects of institutional arrangements and policy, China's post-reform economy in the 1980s takes on the appearance of an interventionist halfway house that most economists would predict would perform very badly. However, the rate of growth of net national output accelerated sharply. China's system of authoritarian political control enabled it to control population growth.