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13049 results in East Asian government, politics and policy

Page 429 of 653

  • Redefining State, Plan and Market: China's Reforms in Agricultural Commerce*

  • Terry Sicular
  • Journal:
    The China Quarterly / Volume 144 / December 1995
    Published online by Cambridge University Press:
    12 February 2009, pp. 1020-1046
    Print publication:
    December 1995

  • Since the late 1970s the Chinese government has taken major steps to open up domestic markets and promote the development of commerce. Policies during the reform period have included reducing the scope of commercial planning, eliminating state commercial monopolies, and permitting individuals, collectives and enterprises to buy and sell at mutually acceptable, market-based prices. The effects of such measures are evident in the busy retail districts of China's cities and in the lively market fairs in the countryside.

  • CQY volume 144 Back matter

  • Journal:
    The China Quarterly / Volume 144 / December 1995
    Published online by Cambridge University Press:
    12 February 2009, pp. b1-b19
    Print publication:
    December 1995
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  • China's Macroeconomy in Transition

  • Barry Naughton
  • Journal:
    The China Quarterly / Volume 144 / December 1995
    Published online by Cambridge University Press:
    12 February 2009, pp. 1083-1104
    Print publication:
    December 1995

  • Is macroeconomic stability the Achilles heel of the Chinese economy? Recurrent bouts of inflationary disorder lead some observers to worry that the Chinese government is unable to control the economy. Macroeconomic difficulties show up in a pattern of repeated boom and bust cycles, in which each boom is accompanied by an acute inflationary phase and significant disruption. Moreover, since the reform era began, the peak annual inflation rate of each successive cycle has been higher than that of the preceding one. The most recent attempts to cool off the economy have only led to additional questions. An austerity policy was decreed at the end of June 1993, yet inflation actually accelerated in 1994, and it was not until mid-1995 that it dropped to the levels of mid-1993. The Chinese government was engaged in a quest for an economic “soft landing” for two years without a net reduction in the inflation rate!

  • The Role of Foreign Trade and Investment in China's Economic Transformation

  • Nicholas R. Lardy
  • Journal:
    The China Quarterly / Volume 144 / December 1995
    Published online by Cambridge University Press:
    12 February 2009, pp. 1065-1082
    Print publication:
    December 1995

  • In the almost two decades since economic reform began in China the role of the foreign sector has burgeoned in ways that no one anticipated. The volume of foreign trade and the role of foreign capital are both far greater than could have been foreseen based on the modest Chinese economic reforms initiated in the late 1970s. By the mid-1990s China had become one of the world's largest trading nations, the recipient of more foreign direct investment than any other country in the world, the largest borrower from the World Bank, the largest recipient of official development assistance in the form of low-interest, long-term concessionary loans from industrialized countries, and, except for the Czech Republic, the only transition economy with ready access to international capital and equity markets.

Page 429 of 653