China’s Challenge to Economic Orthodoxy：Asian Reform as an Evolutionary, Self-Organizing Process
Abstract：This paper argues that the success China’s economic reform, contrasted with the difficulties of Eastern Europe and Russia, stems mainly from China’s willingness to tolerate decentralized experimentation and a gradual evolution of new institutions, whereas in Eastern Europe and Russia a sense of urgency led to wholesale importation of foreign institutions. This contrast in turn has implications for the usefulness of non-linear, dynamic analysis over the traditional neoclassical paradigm.
Chen, Ping. “China’s Challenge to Economic OrthodoxyAsian Reform as an Evolutionary, Self-Organizing Process,” China Economic Review, 4, 137-142 (1993). Also, in Chen (2010), Chapter 11, pp. 231-235.
分类: Policy Studies
