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The role of the state and planning-m...
~
Ding, Zhong Zhu.
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The role of the state and planning-market system in China.
Record Type:
Electronic resources : Monograph/item
Title/Author:
The role of the state and planning-market system in China./
Author:
Ding, Zhong Zhu.
Description:
345 p.
Notes:
Source: Dissertation Abstracts International, Volume: 57-04, Section: A, page: 1821.
Contained By:
Dissertation Abstracts International57-04A.
Subject:
Political science. -
Online resource:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=NN08353
ISBN:
9780612083530
The role of the state and planning-market system in China.
Ding, Zhong Zhu.
The role of the state and planning-market system in China.
- 345 p.
Source: Dissertation Abstracts International, Volume: 57-04, Section: A, page: 1821.
Thesis (Ph.D.)--Queen's University (Canada), 1996.
After the communists took power, China established a centralized socialist economy. In the early stages of its operation, the central planning system was successful in promoting Chinese industrial development. However, when China's industry became much larger and more complex, the inherent shortcomings of the system gradually became exposed: slow growth in the rate of production, managerial bureaucratization, lack of labour initiative and ignorance of market incentives. Being troubled by the failure of the centralized planning system, especially the sharp decline of productive growth during the Cultural Revolution (1966-1976), initiating a market-oriented structural reform to resolve the political and economic problems therefore became the option for the post-Mao Chinese authorities.
ISBN: 9780612083530Subjects--Topical Terms:
528916
Political science.
The role of the state and planning-market system in China.
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345 p.
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Source: Dissertation Abstracts International, Volume: 57-04, Section: A, page: 1821.
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Co-Advisers: J. Lele; S. Page.
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Thesis (Ph.D.)--Queen's University (Canada), 1996.
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After the communists took power, China established a centralized socialist economy. In the early stages of its operation, the central planning system was successful in promoting Chinese industrial development. However, when China's industry became much larger and more complex, the inherent shortcomings of the system gradually became exposed: slow growth in the rate of production, managerial bureaucratization, lack of labour initiative and ignorance of market incentives. Being troubled by the failure of the centralized planning system, especially the sharp decline of productive growth during the Cultural Revolution (1966-1976), initiating a market-oriented structural reform to resolve the political and economic problems therefore became the option for the post-Mao Chinese authorities.
520
$a
The economic structural reform since 1978 may be defined as an institutional change in the state's role in China's economic development. Through this reform, state controls over the economy have been reduced and market mechanisms have been strengthened. The state has given economic units greater discretionary power over production and economic resource distribution in market competition. By reforming the old centralized planning system, China has worked to establish a new development model which may be called a "planning-market" system. The new system is a mixture of state planning and market mechanisms with market mechanisms determining microeconomic activities and state planning regulating macroeconomic strategies.
520
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The new system has created a new way, through which the Chinese reformers have tried to continue the advantages of state-planning and the incentives of the free market to benefit Chinese economic development. The new system is designed to reach a balance in which the state has the ability to support social stability and adjust market failure by planned allocations, while ensuring that competitive market mechanisms stimulate efficient allocations and production.
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While the new development model has accomplished remarkable achievements, such as high economic growth, relatively efficient economic management with market incentives, improved living standards, and integration into the world economy, it has also brought many new problems, such as uneven development between regions, inequality of income allocation, soaring inflation and economic conflicts between the central and local governments. Since the limited reform has not changed the authoritarian communist political system to fit the marketization of the economic system, political conflicts and ideological contradictions have become severe as the reform proceeded further.
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School code: 0283.
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http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=NN08353
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