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Princeton University Library Catalog
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Alternative international economic strategies and their relevance for China / John B. Sheahan.
Author
Sheahan, John, 1923-
[Browse]
Format
Book
Language
English
Published/Created
Washington, D.C., U.S.A. : World Bank, 1986.
Description
83 p. ; 28 cm.
Availability
Copies in the Library
Location
Call Number
Status
Location Service
Notes
Firestone Library - Stacks
HF1604 .S54 1986
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Details
Subject(s)
China
—
Foreign economic relations
[Browse]
Developing countries
—
Foreign economic relations
[Browse]
China
—
Economic policy
—
1976-2000
[Browse]
Developing countries
—
Economic policy
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Series
World Bank staff working paper ; no. 759.
[More in this series]
World Bank staff working papers, 0253-2115 ; no. 759
[More in this series]
Summary note
When a country moves away from tight restrictions on trade and investment toward a more open system, it can gain significantly from increased efficiency but may also encounter intensified problems in such domains as unemployment, setbacks to particular industries, increased inequality, issues of foreign influence, and even absolutely reduced income levels in poorer regions. China has both more to gain and more to lose from a change toward an open system than most other countries. The scope for gain is especially great because of the pervasive character of prior departures from efficiency in relative prices and in the structure of production, because the country became so far out of touch with modern technology, and because it has an industrial base and the necessary skills to move rapidly to higher levels of productivity. But the scope for loss is also great because the society has so many distinctive characteristics worth a great deal of effort to preserve. Some of the main issues concern inequality within and between regions, highly differential capacity among regions in their near-term capacity to respond to increased trade and investment, and possible dislocations of a unique system of social participation and protection.
Notes
"A background study for China, long-term development issues and options."
Bibliographic references
Bibliography: p. 79-83.
Other title(s)
China, long-term development issues and options.
ISBN
0821307096 ((pbk.))
9780821307090 ((pbk.))
LCCN
86001540
OCLC
13126943
Statement on language in description
Princeton University Library aims to describe library materials in a manner that is respectful to the individuals and communities who create, use, and are represented in the collections we manage.
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