China: An Evolving Market Economy: A Review of Reform Experience

Author/Editor:

Kalpana Kochhar ; Michael W. Bell

Publication Date:

November 1, 1992

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper examines China’s reform experience since 1978, reviewing major initiatives taken and assessing their impact on economic structure and their implications for macroeconomic management and stability. It identifies some of the special conditions before and during the reform process that impinged on China’s capacity to implement reforms, and, in particular, those where China may differ from other countries undertaking reform, including former CPEs. A further consideration is the choice of the sequence and pace of reform and the structural and institutional changes that are needed to reorient the economy towards the market.

Series:

Working Paper No. 1992/089

Subject:

Notes:

Examines China's reform experience since 1978.

English

Publication Date:

November 1, 1992

ISBN/ISSN:

9781451851212/1018-5941

Stock No:

WPIEA0891992

Pages:

67

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