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- W2047594920 abstract "Whereas the passage toward a market economy in East Europe entailed sharp drops in production, employment in industry, and living standards, the Chinese economy has literally taken off since reforms started in 1978 and were twice accelerated (around 1980 and in 1992-1994). Structural factors, the low initial level of industrialization, the eastern Asian pole of strong economic growth, all this does not suffice to explain the dissymmetry between China and Eastern Europe. Nonetheless, China's success story cannot be cited as proof of the overall superiority of gradualism over shock therapy, since the country is far from having an optimal gradualist strategy. China's experimental approach has managed to propel the economy because reforms were radicalized in two crucial fields: on the one hand the farming sector and the countryside in general; and, on the other, the progress accomplished throughout the period in bringing China back into the international economy. Sectorally, geographically and chronologically, the results turn out positive wherever reforms have been the most radical. When seen in terms of both its objectives and the conditions for opening doors toward the outside, the 1992-1994 acceleration suggests a similarity with the most boldly pursued strategies in Eastern Europe. But the Chinese experience still stands out in that the opening of the economy has not brought along political liberalization." @default.
- W2047594920 created "2016-06-24" @default.
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- W2047594920 date "1999-01-01" @default.
- W2047594920 modified "2023-09-27" @default.
- W2047594920 title "L'expérience chinoise en perspective historique. Un regard occidental" @default.
- W2047594920 doi "https://doi.org/10.3406/receo.1999.2985" @default.
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