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| Topic: |
English
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| Number of pages / Number of words: |
9 / 2324 |
Essay's paper body
Two decades ago few economists would have bet on today's outcome of
reform in China.
Even so, China's reform experience has been always viewed as an anomaly in terms of transition to
a market economy, and it has not been properly accounted for by mainstream economics and thus appreciated
by mainstream economists...
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For example, From Plan to Market: World Development Report 1996 on
transition economies (World Bank, 1996) gave China short shrift because it couldn't figure out where to put
China on the various measurement parameters, and instead illustrated the Chinese experience mainly in boxes
rather than in the text...
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