The Chinese Economy under Transition

Notes on the Contributors Introduction PART I: INDUSTRIAL RESTRUCTURING AND ENTERPRISE REFORM Reorganising Amidst Turbulence: China's Large-scale Industry in the Changing International Distribution of Power and Globalization of Capitalist Big Business; P.Nolan & W.Xiaoqiang Capital Firms, Public Enterprises: Ownership Reform and Privatization of Chinese State Owned Enterprises; M.Liu Financial Discipline in the Enterprise Sector in Transition Countries: How Does China Compare?; S.Gao & M.E.Schaffer Impact of Reforms on Wages and Employment Determination in Chinese State Owned Enterprises, 1986-91; A.Hussain & J.Zhuang Reform of China's Energy Sector: Slow Progress to an Uncertain Goal; P.Andrews-Speed PART II: THE RURAL SECTOR - AGRICULTURE AND INDUSTRY Agriculture's Role in Economic Development: The Case of China; S.Yao Property Rights and New Commercial Organisations: A Comparison of Agricultural Reform in China and Russia; Q.Zhou Employment, Enterprise and Inequality in Rural China; S.Cook China's Grain Economy and Trade Policy; F.Lu The Economic Behaviour of China's Grain Producers in Transition; J.Davis & L.Wang Labour Productivity in Rural Industry Exports: A Cross Sectional Analysis; F.Carmichael, H.Tan & M.Fu PART III: MODELLING TRANSITION AND STRUCTURAL CHANGE On Macro Modelling of Transitional Economies with Special Reference to the Case of China; D.Qin Structural Changes in Employment and Investment in China: 1985-94; A.Liu Economic Reforms and the Stability of Long Run Demand for Money in China: Some Results from Co-integration Tests; C.Huang Is There Any Stable Long-run Equilibrium Relationship Between Aggregate Consumption and Income in China?; H.Song, X.Liu & P.Romilly Index