 Political Economy and the Reform of Stalinism: The Chinese PuzzlePeter Nolan Chapter 14 in The Transformation of the Communist Economies, 1995, pp 400-417 from Palgrave Macmillan Abstract: Abstract China’s approach towards post-Stalinist reform contrasts markedly with that of most other former centrally planned economies (CPEs). Eastern Europe and Russia tried to move rapidly towards a market economy (‘one cut of the knife’), whereas after Mao’s death in 1976 China adopted an incremental reform path (‘touching stones to cross the river’). Many observers considered China’s programme to be poorly designed. It seemed to have led to an unsatisfactory ‘half-way house’ which was neither capitalism nor socialism, an institutional framework which perpetuated bureaucratic interference in the economy and ought, therefore, to have produced poor results. Moreover, China experienced the terrible upheaval of the Tiananmen massacre in 1989. The demonstrations which led to that event were connected closely with the tensions of economic reform. It was widely felt that this signalled the end of reform, and that China would lapse into low-growth authoritarianism. Keywords: Total Factor Productivity; Communist Party; State Statistical Bureau; Beijing Review; Free Market Price (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-23916-0_14 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-23916-0_14 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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