Dorrucci, Ettore; Pula, Gabor; Santabárbara García, Daniel - 2013
managed capitalism in China tends to engender, as an inherent byproduct, serious imbalances which cannot be unwound without a … fundamental overhaul of the model itself. Second, given the lack of a critical mass of economic reforms thus far, imbalances may … costs of imbalances for some time to come, it could also reduce the incentives for policymakers to enact much needed reforms …