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Conceptions of the Market in Post-Mao China

An Interpretive Essay

Bibliographic Data

ID6008100
AuthorsRobert C Hsu (Clark University, corresponding author)
Year1985
Volume11
Issue4
Pages436-460
Publication date1985-10-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueModern China (JOURNAL)
Journal identifiersISSN: 0097-7004 • E-ISSN: 1552-6836
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/009770048501100402
OpenAlexW2054101501
LanguageEN
Citations received2
References cited4

Since late 1978, when China adopted modernization as its new development objective, many economic reforms have been introduced. The reforms are still ongoing, and their ultimate impact on the economy may be profound and far-reaching. Initial results from the agricultural sector indicate that the reforms in the rural areas have already produced impressive results in terms of raising peasant incentives and productivity. Although the reforms cover a wide area-agricultural responsibility system, tax reforms, greater enterprise autonomy, foreign investment, more free markets, and so on-the central underlying strategy is the combination of planning with the market mechanism in order to impart greater economic incentives and flexibility to the economic system, thereby raising productivity in all sectors of the economy. This introduction of the market mechanism into a society that has been hitherto ideologically

China · Economic history · Economics · Political science · China's Socioeconomic Reforms and Governance · Law

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Unique citing works2
Citations per year0,18
Citation span2015 - 2022 (8)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2

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