Suchergebnisse

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

THE AUTHOR SURVEYS CHINA'S FIRST DECADE OF STRUCTURAL ECONOMIC REFORM AND THE ACCOMPANYING PROGRESS IN INDUSTRIALIZATION AND MODERNIZATION

After forty years of experience, it is now deeply felt that there is no hope for sustained, healthy and accelerated development if reform is not carried out. (SJO)

Brief analysis of what the Peking leadership intends by its decision to renew its long-talked-about political reforms as well as their objectives and nature. One major motive is the over-reaction of the conservaties within the CCP (Chinese Communist Party) in the campaign against bourgeois liberalization, which has convinced Teng Hsia-ping that the current political structure is incompatible with the reformist leadership and policies. It is pointed out that the reform of the political structure cannot possibly lead to political pluralization. (DÜI-Sen)

AbstractSince the mid‐1980s, Australia has been under considerable pressure to restructure its economy. This restructuring has been necessitated by the need to generate surpluses in its external trade account in order to meet the growing interest payments on its foreign debt. To facilitate this process of restructuring, the Commonwealth Government initially used two macro policies that have the desired structural effects: 'wage moderation' and 'fiscal management'. In this paper, we examine the distributional effects of these policies. The analysis depends on simulations using an extended version of the ORANI model of the Australian economy, taken in conjunction with unit record data from an updated version of the 1981–82 Income and Housing Survey database.