Aware of the limitations of central economic planning, the Chinese leaders have issued instructions to complement the economic order, at least on an experimental scale, by elements of the market economy. The author attended the deliberations on the new Ten-Year Plan last autumn, and here he...

This EU supported Specific Targeted Research Project (STREP) had been conducted by a European Consortium composed of eight research institutions. Ifo's part within this larger programme was (a) to analyse the fiscal effects of privatization and (b) to assess the valuation of privatization...