Economic Reform and State-Owned Enterprises in China 1979-87

This book is the result of a large-scale investigation through detailed questionnaires of China''s reform process over the years 1979-87. It analyzes China''s gradualist transition to a market economy and concludes that although the reform program has been a qualified success further progress requires the introduction of private ownership. Both D.A. Hay and D.J. Morris approach this subject from a strong industrial organization perspective.