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# 133205
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Economic Reform and Development the Chinese Way (HB)

Author :  Li Yining

Product Details

Country
China
Publisher
Foreign Language Teaching and Research Publishing, Beijing
ISBN 9787513500890
Format HardBound
Language English
Year of Publication 2010
Bib. Info xi. 377p. ; 24cm.
Product Weight 798 gms.
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Product Description

Economic restructuring may break down if price reform fails. The success of economic restructuring, however, hinges not on price reform, but on ownership reform, which entails revamping the corporate system. This is because price reform serves the main purpose of shaping an environment in favor of the growth of the market economy, but only ownership reform or corporate system reform can address such issues as interests, responsibility, motivation, and incentives.

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