economic reform;
transition;
political economy;
dual track;
China;
D O I:
10.1016/S0165-1765(97)00062-1
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
Pareto-improving economic reforms that also simultaneously achieve efficiency can be implemented through a strategy of 'dual-track' liberalization. Its success requires the feasibility of the original plan and its continued enforcement by the state. The Chinese experience demonstrates that such a strategy works. (C) 1997 Elsevier Science S.A.