|
|
|
|
|
| Lohmar, Bryan; Diao, Xinshen; Somwaru, Agapi; Tuan, Francis C.; Chan, Kitty Kay. |
| This paper examines the structural adjustments induced as China moved from a planned economy that subsidized capital-intensive industry at the expense of agriculture to a nationally integrated market economy more fitting with China's underlying resource endowments. We argue that there were few losers in the process because of 1) a gradual implementation process that maintained transfers to the favored groups under the planned economy, such as urban industrial workers, while the market economy developed benefiting the non-favored groups, such as farmers; 2) high growth rates allowed a large portion of the economy to benefit from the overall reform process and bolstered the government's commitment to further reform; and 3) labor, the most important resource... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural and Food Policy; Political Economy. |
| Ano: 2003 |
URL: http://purl.umn.edu/15733 |
| |
|
| |
|
|
|
