China at the Threshold of a Market Economy
June 16, 1993
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This paper reviews China's experience with market-oriented reform since 1978, including domestic reforms, the opening of the economy to foreign trade and investment, and the decentralization of decision making. It identifies special conditions that may have affected China's capacity to implement reforms, assesses the impact of the reforms on the structure of the economy and on its integration into the world economy, examines the effect of the reforms on macroeconomic management and stability, and draws implications for the direction of China's future reform strategy.
Subject: Balance of payments, Economic sectors, Exports, Foreign direct investment, Foreign exchange, Imports, International trade, Labor, Public enterprises
Keywords: Asia and Pacific, commodity economy, East Asia, Eastern Europe, economic system, economy, enterprise, enterprise reform, Exports, Foreign direct investment, Global, government, market forces, OP, Public enterprises, shareholding company, Southeast Asia, state, village enterprise
Pages:
104
Volume:
1993
DOI:
Issue:
006
Series:
Occasional Paper No. 1993/006
Stock No:
S107EA0000000
ISBN:
9781557753496
ISSN:
0251-6365
