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China's economic reforms in a comparative perspective (anglais)

The paper makes recommendations for simultaneously establishing macroeconomic equilibrium and extending the reform effort in China. As to the latter, recommendations are made: (a) for increasing the decision-making power of enterprises which are to respond to profit incentives; (b) establishing the conditions for competition; (c) reforming prices; and (d) linking bonuses to work performance. The paper notes the desirability of taking simultaneous...
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