| Author: | Young, S. |
| Title: | The Chinese private sector in two decades of reform |
| Journal: | Journal of the Asia Pacific Economy
1998 : VOL. 3:1, p. 80-103 |
| Index terms: | CHINA PRIVATE SECTOR ECONOMIC CONDITIONS |
| Language: | eng |
| Abstract: | China's private sector has grown dramatically since the late 1970s. Owing to political and institutional constraints, much of this growth occurred within public sector categories, in ways that were developed at the local level and enhanced the role of particularistic relationships. Since 1993 the central government has been responding to this problem by recognizing the role of the private sector and creating formal channels for combining private and public ownership. |
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