Guo Price Reform in China, 1979-86

Erscheinungsjahr 1992
ISBN: 978-1-349-11681-2
Verlag: Palgrave Macmillan UK
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 205 Seiten, Web PDF

Reihe: Studies on the Chinese Economy

This text investigates the characteristics, achievements and difficulties in reforming the producer and procurement pricing system in China. It attempts to show how the price system moved from a high degree of control in a rigid command economy to partial control in a more decentralized economy.

Zielgruppe

Research

Autoren/Hrsg.

Guo, Jiann-Jong

Inhaltsverzeichnis

Part 1 Historical and international context: introduction; Socialist pricing; East European experience; East European experience; Chinese experience to 1978. Part 2 From adjustment towards liberalization: goals of price reform; positions on price reform; debates on price reform package; three stages of price reform; price reform in 5 commodities; summary. Part 3 Administrative price reform in theory and practice: price formation principles; pre-1978 practice; practice during 1979-86; institutional conflicts and problems; summary. Part 4 Price regulation in intersectoral total output: effect of direct and indirect planning on output; cotton; coal; summary. Part 5 Price regulation in intra-sectoral output composition: coexistence of shortages and surpluses; production and consumption; influence of prices; non-price influences; evaluation of new policy; summary. Part 6 Evolution of dual pricing: objects and purposes; development of dual pricing; respective scopes of fixed and free price regulation; short term effects; problems of administrative management; theoretical debates and new policy; summary. Part 7 Price-responsiveness of state enterprises: theory; pre-reform reality; development of dual dependence firms after 1979; theoretical post-reform models; the mixed market model - bicycles and chemical fertilizers; the sellers' market model - steel and coal; summary. Part 8 Summary and conclusion: characteristics of Chinese price reform; achievements and problems; future development and obstacles.