IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-07207-1_2.html
   My bibliography  Save this book chapter

The New Economic Policy Frame

In: Economic Transition in Hunan and Southern China

Author

Listed:
  • A. S. Bhalla

Abstract

Since 1978 the Chinese government has adopted a series of measures for economic ‘reforms, readjustment and restructuring’.1 These reforms have been motivated largely by the need to: (i) ensure greater efficiency in resource use rather than pure resource mobilisation; (ii) give more emphasis to consumption (and hence to production of consumer goods) than to investment; (iii) delegate management and planning responsibility to lower echelons of administrative hierarchy with a view to encouraging ‘local initiatives’; (iv) provide greater decision-making power to the state enterprises in respect of production-mix and factor use, and (v) promote private sector sideline activities in urban and rural areas for employment and income generation.

Suggested Citation

  • A. S. Bhalla, 1984. "The New Economic Policy Frame," Palgrave Macmillan Books, in: Economic Transition in Hunan and Southern China, chapter 2, pages 31-55, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-07207-1_2
    DOI: 10.1007/978-1-349-07207-1_2
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-07207-1_2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.