Burdekin, Richard C K; Wang, Fang - In: Economic Change and Restructuring 32 (1999) 3, pp. 211-29
The Chinese inflation of 1949-50 was fueled by large budget deficits but was ended in March 1950 before significant deficit reduction occurred. We discuss the fiscal strains that gave rise to this inflation and consider the role played by early Communist market-based anti-inflationary measures...
