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Paradigm shifts and time-lags? : the politics of financial reform in the People's Republic of China

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Breslin, Shaun. (2003) Paradigm shifts and time-lags? : the politics of financial reform in the People's Republic of China. Asian Business & Management, Vol.2 (No.1). pp. 143-166. ISSN 1472-4782

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Official URL: http://dx.doi.org/10.1057/palgrave.abm.9200031

Abstract

This paper assesses the political implications of financial reform in the People's Republic of China from the key reforms of 1994 to China's entry into the World Trade Organisation. It argues that the reforms implemented after 1994 in China shows a watershed in the evolution of economic reform. While the period before 1994 was dominated by dismantling the old system, subsequent reforms represent the attempt to build a new structure. But while the incomplete nature of reform provides the rationale for reform, it also provides the main obstacle to successful reform. Financial reform provides a case study of how the old and new economic systems are clashing with each other — and how the political interests associated with the old economic system are conflicting with those interests associated with the emerging new system

Item Type: Journal Article
Subjects: H Social Sciences > HC Economic History and Conditions
D History General and Old World > DS Asia
Divisions: Faculty of Social Sciences > Politics and International Studies
Library of Congress Subject Headings (LCSH): China -- Economic conditions, China -- Economic policy
Journal or Publication Title: Asian Business & Management
Publisher: Palgrave Macmillan Ltd.
ISSN: 1472-4782
Date: 2003
Volume: Vol.2
Number: No.1
Page Range: pp. 143-166
Identification Number: 10.1057/palgrave.abm.9200031
Status: Peer Reviewed
Access rights to Published version: Open Access
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URI: http://wrap.warwick.ac.uk/id/eprint/295

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