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- W2496344577 abstract "During the last decade China’s real GDP growth has exceeded 8 per cent per annum. If this figure can be taken to be reasonably reliable it portrays a growth record with few parallels in economic history. In the modern world such high growth rates have been attained by a few East Asian NICs only. That China is expected to become Asia’s next economic giant should therefore come as no surprise. China’s growth record is no less remarkable in light of the fact that it has been accomplished in a period of transition from planned to market economy. The contrast with EEFSU is striking: there the transition to market has been accompanied by a 15–50 per cent decline in output. So, while China’s economic reform is a success story, reforms in the former Soviet Union seem to have brought little more than economic decay." @default.
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- W2496344577 date "1996-01-01" @default.
- W2496344577 modified "2023-09-23" @default.
- W2496344577 title "Agrarian Structures, Property Rights and Transition to a Market Economy in China and the Former Soviet Union" @default.
- W2496344577 doi "https://doi.org/10.1007/978-1-349-14155-5_16" @default.
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