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- W2025572719 abstract "This report focuses on the industrial policies that are required to support China as it moves from a centrally planned economy to a mixed planned and market economy. The rationale for the report is twofold. First, while there is agreement that the Chinese economy eventually must evolve from a centrally planned system to a mixed planned and market system there is no consensus on the policies and institutions required to expedite this process. Second, the economy in transition has developed its own characteristics and dynamics which make it difficult to arrive at sound policies for expediting the change process. However, this report is limited in scope and therefore will focus on three primary tasks. The first is to clarify the role that the state investment system is expected to play in managing and guiding the industrial economy over the medium term. The second task is to define the role and limitations of indirect policy instruments in controlling the direction of industrial development. The third task is to examine what further changes are needed to make industrial enterprises more responsive to the mix of direct and indirect policy measures that will continue to dominate in the medium term." @default.
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- W2025572719 date "1993-01-01" @default.
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- W2025572719 title "China: Industrial Policies for an Economy in Transition" @default.
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