Second-phase of China's economic reform: crossing the Rubicon divide?
Journal of Third World Studies
China since 1992 has simultaneously pursued two goals: accelerating economic development and further transforming the economic system. This development strategy has generated record-high growth rates and such negative consequences as rampant inflation, rising social tension, corruption, financial chaos, and strained relations between local and central governments. A review of these problems and suggestions for managing them are made, highlighting possible future difficulties and dangers in the pursuit of rapid growth. -from Author
Original Publication Date
Yu, T., "Second-phase of China's economic reform: crossing the Rubicon divide?" (1994). Faculty Publications. 4360.