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Central Planning: A Case Study of China

 
K.L. Datta (Author)
Synopsis This book studies the nature and depth of stagnation of the Chinese economy under central planning, which compelled them to embrace market mechanism. Putting together pieces of information from original Chinese sources, it summarizes the growth and development strategy in the central plan era (1952-78). It illustrates how the policies in agriculture and rural development retarded economic growth and adversely affected the levels of living and quality of life. Measuring incidence of poverty and inequality in the class distribution of income and consumption, the book reveals startling facts about epicurean life style of a few behind the iron curtain. Evaluating China's transition from central planning to market-based economy, it supports its step-by-step approach to the implementation of the economic reform programmes. It also argues for state intervention in the market to ensure its expansion, competitiveness and accessibility.
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About the author

K.L. Datta

K.L. Datta, an officer of the Indian Economic Service, is presently the Advisor, Direcetorate of Development Planning, Ministry of National Economy, Sultanate of Oman. He has worked in different capacities in the Planing commission of India and also as Deputy Secretary in the Ministry of Finance, Government of India. He did his M.A. (Economics) from Calcutta University as well as from Manchester University. He has to his credit a book Facets of Indian Poverty, Concept, New Delhi.

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Bibliographic information

Title Central Planning: A Case Study of China
Author K.L. Datta
Format Hardcover
Date published: 01.01.2004
Edition 1st ed.
Language: English
isbn 818069061X
length xx+172p., Tables; Annexures; Index; 23cm.

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