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" To implement the policy of low wages, the government was required to provide urban dwellers with inexpensive food and other necessities, including housing, medical care, and clothing. A strict food rationing system was instituted in 1953 and is still... "
Inflation and Growth in China: Proceedings of a Conference Held in Beijing ... - Strana 235
upravili: - 1998 - 305 str.
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China in the New Millennium: Market Reforms and Social Development

James A. Dorn - 1998 - 438 str.
...had three integrated components: (1) a distorted macropolicy environment that featured artificially low interest rates, overvalued exchange rates, low nominal wage rates, and low prices for basic necessities and raw materials; (2) a planned allocation system for credit, foreign exchange,...
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