G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1808
DP1808 Risk, Resources and Education
Robert K von Weizsäcker; Berthold Wigger
发表日期1998-03-09
出版年1998
语种英语
摘要We develop a simple model to analyse the ?dual-track? approach to transition to a market economy as a mechanism for implementing efficient Pareto-improving economic reform, that is, reform achieving efficiency without creating losers. The approach, based on the continued enforcement of the existing plan while simultaneously liberalizing the market, can be understood as a method for making implicit lump-sum transfers to compensate potential losers of the reform. The model highlights the critical role of enforcement of the plan and full liberalization of the market track. We examine how the dual-track approach has worked in product and labour markets in China?s economic reform in practice.
关键词China Transition
URLhttps://cepr.org/publications/dp1808
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530948
推荐引用方式
GB/T 7714
Robert K von Weizsäcker,Berthold Wigger. DP1808 Risk, Resources and Education. 1998.
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