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Abstract

China’s management reforms have not proceeded via a prior blueprint for privatization that aims to remove government from a direct role in the economy. Instead, a gradual and steady process of increasing competition, incentives and budgetary pressures on firms has occurred over a two-decade period that has seen rapid changes in economic growth and in the ways that enterprises operate. Government has not been stripped of its economic roles; instead regional and local governments have transformed the roles they play in an increasingly competitive economy. This chapter seeks to describe and explain this pattern of institutional change.

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© 2000 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Walder, A.G. (2000). China’s Transitional Economy. In: Li, J.T., Tsui, A.S., Weldon, E. (eds) Management and Organizations in the Chinese Context. Palgrave Macmillan, London. https://doi.org/10.1057/9780230511590_4

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