Suchergebnisse

This book presents a selection of contributions on the timely topic of structural reforms in Western economies, written by experts from central banks, the International Monetary Fund, and leading universities. It includes latest research on the impacts of structural reforms on the market economy, especially on the labor market, and investigates the results of collective bargaining in theory and practice. The book also comprises case studies of structural reforms. A literature survey on the topic serves as a valuable source for further research. The book is written by and targeted at both academics and policy makers.

After forty years of experience it is deeply felt that there is no hope for sustained, healthy, & accelerated development in the People's Republic of China without structural reform of the economy. Chinese development cycles are considered, & it is argued that the rigid & highly centralized system of decision making has made it difficult to take timely & correct decisions. Economic development in China is compared to that in other developing countries. The current central structural reform & economic development are deemed capable of eliminating the stalemate of China's dual economic structure & mechanisms, & of deepening the reform & accelerating the process of industrialization while maintaining sustained & steady national economic development. Discussed are: experiments in the reform of enterprises, the reform of the ownership system, the roles of planning & the market, & the effects of inflation & price reform. For a long time, egalitarianism prevailed as the principle of equity under socialism, resulting in the total subordination of the interests of enterprises & individuals to the national interest; this conception of egalitarianism as fairness under socialism is seen as a misreading of Marxism. It is noted that although the efficiency of socioeconomic operations is being enhanced & income levels are rising, the gap between the rich & the poor is also being widened. 2 Figures, 3 Photographs. F. S. J. Ledgister