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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. doi:10.1057/palgrave.abm.9200031 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 | ||||
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Subjects: | H Social Sciences > HC Economic History and Conditions D History General and Old World > DS Asia |
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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 | ||||
Official Date: | 2003 | ||||
Dates: |
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Volume: | Vol.2 | ||||
Number: | No.1 | ||||
Page Range: | pp. 143-166 | ||||
DOI: | 10.1057/palgrave.abm.9200031 | ||||
Status: | Peer Reviewed | ||||
Access rights to Published version: | Open Access (Creative Commons) |
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