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After an introduction and overview by the editor, the first two chapters ask whether China enjoyed advantages that may have made its reform path easier than those of Eastern European countries. The next four chapters examine various dimensions of China's economy: agricultural commerce, property rights, foreign trade, and macroeconomic stability. Two subsequent chapters examine the role of political institutions, and the final chapter, synthesising the lessons of China's reforms, critiques the dogmatism of some economic analysis and calls for greater institutional and historical realism.
This collection of essays interprets the successes and failures of China's post-Mao economic reforms and discusses the lessons they provide for the transitional economies of other regions, most notably Eastern Europe. The contributions to the volume draw out the policy and theoretical implications of China's transitional economy, looking at notable features of China's reform path, an analysis of the reform's success, and a discussion of whether this success can be sustained.
This collection of essays interprets the successes and failures of China's post-Mao economic reforms and discusses the lessons they provide for the transitional economies of other regions, most notably Eastern Europe. The contributions to the volume draw out the policy and theoretical implications of China's transitional economy, looking at notable features of China's reform path, an analysis of the reform's success, and a discussion of whether this success can be sustained.