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THE CHINESE ECONOMY IN CRISIS IBD

ROUTLEDGE
05 / 2001
9780765607669
Inglés

Sinopsis

The authors of this work argue strongly that the decentralization that has taken place in China over the past two decades threatens to undermine the future of reform and perhaps even the state itself. They contend that reform has undermined state capacity in China, and that the state?s fiscal revenues, as a percentage of GNP, have declined and will continue to decline into the foreseeable future, thereby weakening China?s ability to mobilize resources for modernization.