Please use this identifier to cite or link to this item: https://ah.nccu.edu.tw/handle/140.119/137875


Title: Whither Chinese Market Socialism?
Authors: 陳抗
Chen, Kang
Contributors: Issues & Studies
Keywords: China ; market-oriented reform ; market socialism ; political legitimacy ; soft budget constraint
Date: 2020-12
Issue Date: 2021-11-18 14:33:04 (UTC+8)
Abstract: This paper aims to shed light on where China's reform process is heading by tracing the trajectory of its market-oriented reforms. It shows that Chinese market socialism is facing a dilemma. Developing the capital market and hardening local government budget constraints which are necessary for the structural adjustment of the economy would require China to go beyond the limits of market socialism. Focusing on socialist values and ideology might gain more political traction for the party but could also seriously change the political climate and trigger an unorganized collective action among government officials that unleashes massive bureaucratic interventions and destroys the market's vitality.
Relation: Issues & Studies, 56(4), 1-26
Data Type: article
DOI 連結: https://doi.org/10.1142/S1013251120500046
Appears in Collections:[Issues & Studies] 期刊論文

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