Anatomy of Local Protectionism

Li Shihua

Chinese Economy, 1993, vol. 26, issue 5, 51-58

Abstract: China's former economic system emerged at the end of the First Five-Year Plan. It was a highly centralized planning system characterized by administrative coordination. This system not only repressed local enthusiasm but also contradicted the objective demand for multilevel management by subsuming all activity into a gargantuan system. The central government, incapable of coping with it, unavoidably committed policy mistakes.

Date: 1993
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