What Is the Future of the Market Economy? (On the Book by Justin Yifu Lin “The Quest for Prosperity: How Developing Economies Can Take Off”)

Olga Antipina

Voprosy Ekonomiki, 2013, issue 9

Abstract: According to the opinion of Chinese economist J. Y. Lin, industrial structure of economy is endogenously determined by factors of production. Its effective operation is possible only under the influence of market forces. The main role of the government is to target the strategic support for specific industries with comparative advantages, as well as to improve the infrastructure.

Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2013:id:577

DOI: 10.32609/0042-8736-2013-9-150-160

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