The author applies a systems-oriented "holistic" approach to China's radical economic reforms during the past quarter of a century. He characterizes China's economic reforms in terms of a multidimensional classification of economic systems. When looking at the economic consequences of China's...

This paper models balanced-budget redistribution between socio-economic groups as the outcome of electoral competition between two political parties. Equilibrium is unique in the present model, and a sufficient condition for existence is given, requiring that there be enough ‘stochastic...

Assar Lindbeck has made a significant impact on modern economic thought in the course of a long and distinguished career. This volume features some of the important essays and papers that are the product of Professor Lindbeck's long interest in Welfare State issues.

The deterioration of the economic performance in Sweden from about 1970 was to some extent the result of a number of exogenous shocks and "unnecessary" policy mistakes. It was, however, also related to basic changes in the economic and social system in Sweden in the late 1960s and early 1970,...