Market economy models differ in the degree of the power of the government vis-à-vis the market in the economy. Under the classifications set forth by Glaeser and Shleifer (2002, 2003), and Djankov et al. (2003), these market models range from those emphasizing low government intervention in the...

Intro -- Contents -- List of Tables and Figures -- Acknowledgments -- List of Abbreviations -- Introduction: China's Liberalization Two-Step -- Part I. The Politics of Market Reregulation -- 1. Liberalization Two-Step: Understanding State Control of the Economy -- 2. China's Strategy for...

Felix Lee, Wirtschafts- und Politikredakteur der taz, beschäftigt sich mit der Wirtschaftspolitik der Volksrepublik China. Er hebt u.a. das Verbot komplexer Finanzprodukte, die strenge Kontrolle des Bankensystems sowie die gezielte Industriepolitik und die Entwicklungsplanung lobend hervor....

Myrdal did not cover China in his Asian Drama. If he did, he would have been most likely pessimistic about China, as he was about other Asian countries in his book. However, China has achieved miraculous growth since the transition from a planned economy to a market economy at the end of 1978....