Economic Reform In The Prc: In Which China's Economists Make Known What Went Wrong, Why, And What Should Be Done About It

In February 1978, the post-Mao leadership revealed an ambitious ten-year program (1976-1985) with a $600 million capital outlay, aimed at propelling China into the front ranks of the industrialized nations by the year 2000 through the modernization of agriculture, industry, science and technology, and defense. The new leadership soon realized that