The role of ownership and property rights in China's economic transition

In: The China quarterly: an international journal for the study of China, Heft 144, S. 1047-1064

Abstract

According to the author, the evergreater roles played by markets and pecuniary incentives, and the increasing decision-making authority of localities, enterprises and individuals, have seen central elements of China's economic reforms. He sketches out and analyses the role of ownership and property rights in this country's economic transition paying special attention to the performances of the state-owned enterprises and private sector. (DÜI-Sen)