Inflation and Investment Controls in China the Political Economy of Central-Local Relations During the Reform Era
- Binding: Paperback
- Publisher: Cambridge Univ Pr
- Publish date: 11/01/1999
Description:
How has the Chinese central government been able to avoid the crippling hyperinflation that has bedeviled so many developing and centrally planned economies? Focusing on central-local relations, Yasheng Huang explains why local Chinese officials comply, even against their own economic interests, with the inflation-control policies of the central government.
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