Author: Wu Jinglian
Publisher:
Publish Date: 2004-01-01
Features: After more than 20 years of steady and profound reforms, China has made significant progress toward its set goals: the rule-of-law market economy has begun to take shape. However, Professor Wu Jinglian still cautions in the opening piece of this issue that two potential outcomes of the reforms lie before us: one is the path of a rule-of-law market economy under political civilization, and the other is the road of elite privatization. As he puts it, "This is the spring of hope, but also the winter of disappointment; we are heading toward heaven, but we may also be heading in another direction." The Comparison serves as an academic platform for comparative institutional analysis for readers. Standing at the forefront of theory, The Comparison selectively introduces the experiences and lessons of other countries, the theories and practices of transition economies, and the developments in the field of comparative research. It also provides targeted introductions to the design of reform plans, policy recommendations, and critiques on China's economic reforms from both domestic and international academic circles.
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