Growing out of Socialism: Capitalism with Chinese Characteristics

Ronald Coase and Ning Wang

Chapter 5 in How China Became Capitalist, 2012, pp 104-152 from Palgrave Macmillan

Abstract: Abstract After almost a decade of strong economic growth, China’s economic reform encountered its first full-blown crisis in the late 1980s. This culminated in the 1989 Students Movement, the tragic end of which further compounded and prolonged the economic crisis. The year preceding and those that followed the 1989 Tiananmen incident are often referred to as the Tiananmen interlude (1988–1992). The Chinese term for crisis literally means danger and opportunity, and this four-year period was full of danger for the reform agenda; there was a real possibility that reform might be rejected altogether.

Keywords: Local Government; Foreign Direct Investment; Chinese Government; Economic Reform; Market Reform (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-01937-0_5

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137019370

DOI: 10.1057/9781137019370_5

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().