Political conditions for reform: China vs. Eastern Europe revisited

成果类型:
Article; Proceedings Paper
署名作者:
Li, David Daokui; Wang, Yijiang
署名单位:
Hong Kong University of Science & Technology; University of Minnesota System; University of Minnesota Twin Cities
刊物名称:
JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION
ISSN/ISSBN:
1542-4766
DOI:
10.1162/jeea.2006.4.2-3.342
发表日期:
2006
页码:
342-351
关键词:
摘要:
The long literature of former socialist systems concludes that any effort to reform the economy without drastic. political change is believed to be doomed to fail because tight political control and nonmarket coordination mechanisms are intertwined with each other. Indeed, the history of economic reform in Eastern European countries has confirmed this logic. So far, however the experiences of China and Vietnam seem to have defied this logic. We argue that the puzzle of China or Vietnam can be explained by the ruling party's strong initial and more efficient control, which allow the party to reform the economy without losing political control.
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