Property Rights and Institutional Change--An Empirical Study of China's Reform

Author: Zhou Qiren
Publisher:
Publish Date: 2002-09-20
Features: "Except for one article on economic research methods, all the papers included in this collection are based on the practical experience of China's reforms, studying the reform and transformation of the central planning economy system—public ownership property structure. The planned public ownership has abolished private property in terms of legal rights, while existing and future vested interests oppose a clear and individualized definition of 'public assets.' Professor Zhou Qiren's arguments illustrate—China still has a long way to go to establish a true market economy—ultimately, what is being discussed here is the feasibility of privatization within the existing socialist market economy system."