Comparative Economic Transformations: Mainland China, Hungary, the Soviet Union, and Taiwan

Author: Yu-Shan Wu
Published: December 1994
Publisher: Stanford University Press
ISBN: 0804723885
Hardcover Book
Number of Pages: 284

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Table of Contents
Ch. 1 Introduction 1
Property Rights 3
Ownership 4
Income Power Versus Control Power 6
The State's Role in the Economy: A Typology 7
Property Rights Theories and the Synthetic Framework 9
Case Studies 12
Ch. 2 Industrial Reform in the PRC 17
Marketization I: 1984-85 21
Privatization I: 1986-87 24
Outward Economy: Early 1988 29
Marketization II: Late 1988 32
Retrenchment with Outward Openness I: 1989 36
Retrenchment with Outward Openness II: 1990-91 39
Second-Wave Industrial Reform: 1992 41
Ch. 3 Hungary and the PRC 46
Developmental Trajectories 47
Political Background 49
Origins of the Industrial Reform 53
Content of the Industrial Reform 56
Suspension of the Reform 61
Second-Wave Reform 73
Ch. 4 The Soviet Union and the PRC 80
Origins of the Reform 82
Political Background 85
Property Rights Reform 89
Structural Tensions 102
Industrialization 105
Agricultural Transformation 112
Ch. 5 The ROC and the PRC 139
Political Background 139
Property Rights Reform in Agriculture 147
Pre-Reform Industry 155
Industrial Reform: State Capitalism Versus Market Socialism 161
Ch. 6 Conclusion 198
Explanations for Divergence 199
The PRC in the 1990's: Future Scenarios 212
Notes 219
Bibliography 257
Index 275

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