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Some Views on the Choice of a Strategy for Reform

Some Views on the Choice of a Strategy for Reform After three years of economic reform in urban areas, China has beenconfronted with a series of choices. Six of these choices are examinedthe focus of the reform, its approach, its target, the pattern ofnational economic macromanagement, the macroeconomic policy, and thepace of the reform. It is held that the focus of the reform should bethe establishment of a planned commodity economic system, which is thecorrect target of the reform such a reform must be carried out step bystep, systematically and in the light of an integrated design worked outin advance, with greater paces to shorten the period in which twosystems confront each other the macromanagement of the economy shouldbe carried out by the central authority on the basis of an integratedmarket rather than administrative decentralisation the money supplyshould be controlled in order to create a relatively relaxed environmentfor reform. On each of the six aspects, other prevailing views areanalysed. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Social Economics Emerald Publishing

Some Views on the Choice of a Strategy for Reform

International Journal of Social Economics , Volume 18 (8/9/10): 10 – Aug 1, 1991

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0306-8293
DOI
10.1108/03068299110137398
Publisher site
See Article on Publisher Site

Abstract

After three years of economic reform in urban areas, China has beenconfronted with a series of choices. Six of these choices are examinedthe focus of the reform, its approach, its target, the pattern ofnational economic macromanagement, the macroeconomic policy, and thepace of the reform. It is held that the focus of the reform should bethe establishment of a planned commodity economic system, which is thecorrect target of the reform such a reform must be carried out step bystep, systematically and in the light of an integrated design worked outin advance, with greater paces to shorten the period in which twosystems confront each other the macromanagement of the economy shouldbe carried out by the central authority on the basis of an integratedmarket rather than administrative decentralisation the money supplyshould be controlled in order to create a relatively relaxed environmentfor reform. On each of the six aspects, other prevailing views areanalysed.

Journal

International Journal of Social EconomicsEmerald Publishing

Published: Aug 1, 1991

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