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Problems In China’s Transitional Economy: Property Rights And Transitional Models

SKU: 9789812815972

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Additional information

Full Title

Problems In China\'s Transitional Economy: Property Rights And Transitional Models

Author(s)

Xiaobo Hu

Edition
ISBN

9789812815972, 9789810235956

Publisher

WSPC

Format

PDF and EPUB

Description

1997 saw a major reform in China which signaled the move away from its traditional economy, when Jiang Zemin called off the debate on public versus private ownership. However, none of the existing theories can fully explain the transformation of the property rights system during the post-Mao reforms. The first part of this volume will reconceptualize the property rights reform in post-Mao China to provide a political economy explanation of why the transformation of property rights in China appears piece-meal.The success of the post-Mao reforms can be attributed to China’s ability to integrate the experience of a variety of transition models. The second part of the paper investigates two distinct transition models, in light of the lessons from current Vietnamese reform. It explores the dynamics of political actions and analyzes the political reasons for economic reform.