Nice price, Great finds - Handle nå!

Nice price, Great finds - Handle nå!

Fri frakt over 399 kr
Fri frakt over 399 kr
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From Mao to Market

From Mao to Market

866 kr

866 kr

På lager

To., 20 feb. - on., 26 feb.


Sikker betaling

14 dagers åpent kjøp


Selges og leveres av

Adlibris


Produktbeskrivelse

Andrew Wedemen argues that China succeeded in moving from a Maoist command economy to a market economy because the central government failed to prevent local governments from forcing prices to market levels. Having partially decontrolled the economy in the early 1980s, economic reformers baulked at price reform, opting instead for a hybrid system wherein commodities had two prices, one fixed and one floating. Depressed fixed prices led to 'resource wars', as localities battled each other for control over undervalued commodities while inflated consumer goods prices fuelled a headlong investment boom that saturated markets and led to the erection of import barriers. Although local rent seeking and protectionism appeared to carve up the economy, in reality they had not only pushed prices to market levels and cleared the way for sweeping reforms in the 1980s, they had also pushed China past the 'pitfalls' of reform that entrapped other socialist economies.

Artikkel nr.

0e57a6d2-03f3-4e8d-adec-4d5a1de3aa53

From Mao to Market

866 kr

866 kr

På lager

To., 20 feb. - on., 26 feb.


Sikker betaling

14 dagers åpent kjøp


Selges og leveres av

Adlibris