1. Distinguishing four phases -- 2. Phase I (1951-65) : takeoff under a liberal regime -- 3. Phase II (1965-81) : socialism strikes with a vengeance -- 4. Phase III (1981-88) : liberalization by stealth -- 5. Phase IV (1988-2006) : triumph of liberalization -- 6. A tale of two countries : India...

"This revised and updated edition sets out to analyze and compare the operational mechanisms of the Chinese economy between the pre-reform and post-reform periods and through national, regional and local dimensions"--P. [4] of cover

South Africa's leading economists adopt within this volume a sectoral approach in their analysis of the drastic changes that have occurred within the South African economy since 1970. The book illustrates how, despite its sophisticated infrastructure, the South African economy has shared in the...