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High growth in China—Transition without a transition crisis?

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Intereconomics

Abstract

Unlike other transition economies the People's Republic of China has so far not only avoided a severe transition crisis; it has apparently also managed to make economic transition a source of growth. However, the country now faces a number of crucial transition problems that centre around the debt situation of state-owned enterprises and the fragile condition of the financial system. Could these problems, for which solutions have repeatedly been postponed, trigger a late transition crisis?

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Authors and Affiliations

  1. FHW Berlin (Berlin School of Economics), Germany

    Hansjörg Herr

  2. FHTW Berlin (University of Applied Sciences Berlin), Germany

    Jan Priewe

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  1. Hansjörg Herr
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  2. Jan Priewe
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Herr, H., Priewe, J. High growth in China—Transition without a transition crisis?. Intereconomics 34, 303–316 (1999). https://doi.org/10.1007/BF02929897

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