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- W310220069 abstract "The paper compares three separate state-owned industrial enterprise reforms: China 1978-90, Poland 1982-89, and the Balcerowicz Plan reforms in Poland that began in 1989. The authors argue that the first two reforms were very similar, both in the measures enacted and in the results achieved. The third reform already surpasses the first Polish reform in its achievements, despite the fact that the formal set of Balcerowicz Plan reform measures were inherited largely unchanged from the preceding socialist reform. The authors contend that a critical ingredient in the success of the Polish reform in 1989-90 was the credibility of the new regime; conversely, the weakening of the credibility of the Chinese regime in 1989-90 further undermined its reforms. This is the revised version of a paper prepared for the conference on Management and Economic in China Today: Simiarities with Eastern Europe?, Maastricht, the Netherlands, 15-16 November 1990. We are extremely grateful to Saul Estrin, Stanislaw Gomulka, Athar Hussain, Stephen Howes, Brigitte Granville, and an anonymous referee for many helpful comments and discussions. Fan gratefully acknowledges financial support from the Bradley Foundation and the Ford Foundation. The paper was completed while Schaffer was a Research Officer at the Center for Economic Perfonnance in the Program on Post-communist Reform. Schaffer gratefully acknowledges financial support from the Leverhulme Trust. The Center for Economic Performance is financed by the Economic and Social Research CounciL Enterprise Refonns in Chinese and Polish State-owned industries, by Qimiao Fan and Mark Schaffer (i)" @default.
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- W310220069 date "1991-07-31" @default.
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- W310220069 title "Enterprise reforms in Chinese and Polish state-owned industries" @default.
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