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China: An Evolving Market Economy: A Review of Reform Experience

Author

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  • Ms. Kalpana Kochhar
  • Mr. Michael W. Bell

Abstract

This paper examines China’s reform experience since 1978, reviewing major initiatives taken and assessing their impact on economic structure and their implications for macroeconomic management and stability. It identifies some of the special conditions before and during the reform process that impinged on China’s capacity to implement reforms, and, in particular, those where China may differ from other countries undertaking reform, including former CPEs. A further consideration is the choice of the sequence and pace of reform and the structural and institutional changes that are needed to reorient the economy towards the market.

Suggested Citation

  • Ms. Kalpana Kochhar & Mr. Michael W. Bell, 1992. "China: An Evolving Market Economy: A Review of Reform Experience," IMF Working Papers 1992/089, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:1992/089
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    Citations

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    Cited by:

    1. Raiser, Martin, 1995. "Industrial reforms in China: State-owned enterprises between output growth and profitability decline," Kiel Working Papers 672, Kiel Institute for the World Economy (IfW Kiel).
    2. Gruševaja, Marina, 2010. "Governmental Learning as a Determinant of Economic Growth," IWH Discussion Papers 23/2010, Halle Institute for Economic Research (IWH).
    3. Raiser, Martin, 1994. "Lessons for whom, from whom? The transition from socialism in China and Central Eastern Europe compared," Kiel Working Papers 630, Kiel Institute for the World Economy (IfW Kiel).

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