This book, first published in 1983, examines the significant economic reforms undergone by China following the death of Mao and the downfall of the Gang of Four. It looks at Chinese economists’ conceptions of the necessity for change and compares China’s reforms with similar ones carried out by the Soviet Union and Eastern Europe. There is a detailed analysis of the different sectors of the economy which shows how the reforms were carried out in practice.

This book, first published in 1983, examines the significant economic reforms undergone by China following the death of Mao and the downfall of the Gang of Four. It looks at Chinese economists’ conceptions of the necessity for change and compares China’s reforms with similar ones carried out by the Soviet Union and Eastern Europe. There is a detailed analysis of the different sectors of the economy which shows how the reforms were carried out in practice.