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From Mao to Deng: Economic Reform in China

  • Robert Solomon
Chapter
  • 11 Downloads

Abstract

China’s experience with economic reform has been very different from that of the other countries in transition. Politically China has not moved towards democracy. It remains a Communist one-party state. Its elderly ‘paramount leader’, Deng Xiaoping, speaks of his death as going to an appointment with Karl Marx.

Keywords

Monetary Policy Economic Reform Cultural Revolution Coastal Province Munist Party 
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Notes

  1. 2.
    J.K. Fairbank, China: A New History (Cambridge: Harvard University Press, 1992) p. 385. I rely on this valuable work for descriptions of the Great Leap Forward and the Cultural Revolution.Google Scholar
  2. 5.
    H. Harding, China’s Second Revolution (Washington: The Brookings Institution, 1987) p. 30. For the period up to 1987 I rely heavily on this valuable book.Google Scholar
  3. 6.
    M. Bell and K. Kochhar, ‘China: An Evolving Market Economy — A Review of Reform Experience’, IMF Working Paper 92 /89 (November 1992) p. 7.Google Scholar
  4. 7.
    A. Hussein and N. Stern, ‘Effective Demand, Enterprise Reforms and Public Finance in China’, Economic Policy, 12 (April 1991) p. 145.Google Scholar
  5. 10.
    M.W. Bell, H.E. Khor and K. Kochhar, ‘China at the Threshold of a Market Economy’ (Washington: International Monetary Fund, Occasional Paper 107, Sept. 1993 ) pp. 27, 60.Google Scholar
  6. 13.
    N.R. Lardy, ‘China as a NIC’, International Economic Insights, IV, ( May/June 1993 ) p. 5.Google Scholar
  7. 15.
    R.S. Jones, R.E. King and M. Klein, ‘Economic Integration Between Hong Kong, Taiwan, and the Coastal Provinces of China’, OECD Economic Studies, 20, Spring 1993, p. 119.Google Scholar
  8. 20.
    L. Summers, The Rise of China’, International Economic Insights, HI (May/June 1992 ) p. 17.Google Scholar

Copyright information

© Robert Solomon 1994

Authors and Affiliations

  • Robert Solomon
    • 1
  1. 1.The Brookings InstitutionUSA

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