The rise of household enterprises including a small number oflarge households hiring labourers, i.e. privatelyrun enterprises andthe formation of the regional market have caused the Wenzhou economy tomanifest its seldomseen vitality, and have also brought about thebroadened differences in peoples incomes. It is just such phenomenathat have given rise to wide interest and heated arguments about thequestion whether or not the economy in Wenzhou has advanced towardsprivatisation, marketisation orpolarisation. For this reason, the author of this researchreport makes an indepth theoretical analysis on the basis of hisonthespot investigation.
International Journal of Social Economics – Emerald Publishing
Published: Aug 1, 1991
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