Reforming China's Monopolies

Peijun Duan and Tony Saich
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Peijun Duan: Central Party School, Beijing
Tony Saich: Harvard University

Working Paper Series from Harvard University, John F. Kennedy School of Government

Abstract: This working paper focuses on an aspect of governance that is crucial to the next phase of China's development: reducing state monopolies in order to enhance economic efficiency and promote more equitable growth. It is important to note that monopoly control in the Chinese political economy is not simply an economic phenomenon but also a phenomenon deeply embedded in a comprehensive system of power. Monopolies in the economic sphere (resources, prices, markets, and assets) are serious, but they are derived from the legacy of the centrally planned economy. They are also rooted in the traditional structure of Chinese society and its culture. In this paper, we will present a comprehensive examination of the phenomenon of monopoly control in the Chinese system.

Date: 2014-05
New Economics Papers: this item is included in nep-cna
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Persistent link: https://EconPapers.repec.org/RePEc:ecl:harjfk:rwp14-023

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