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Redesigning the Dragon
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| 21.09.2009, 01:25 |
Случайный текст с реферата
Redesigning the Dragon Financial Reform in the Peoples Republic of China Duncan Marsh dmarsh@indiana.edu Anna Pawul apawul@indiana.edu Dmitri Maslitchenko dmitri@mailroom.com V550, Government Finance in the Transitional Economies 21 November, 1996 In 1978, the PeopleТs Republic of China (PRC) embarked on the enormous undertaking of opening its doors to the outside world Until this point in time, the PRC had relied on a centralized economic system much like that of the former Soviet Union However, the PRCТs situation differed with the former Soviet Union in three substantial ways 1) although reforms followed the Cultural Revolution (which did exact its toll on the Chinese economy) there was an absence of severe macroeconomic crises when reforms were begun 2) agricultural infrastructure was good, although the incentives were poor and 3) China had a strong presence of overseas Chinese and Hong Kong that influence its economic development and over the years supplied capital and hum...
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