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" SOEs obtained 60 percent of their inputs and sold 60 percent of their outputs at market prices (Zou 1992). The second major change in the macro environment occurred in the foreign exchange rate policy. In the years 1979-80, the official exchange rate... "
Inflation and Growth in China: Proceedings of a Conference Held in Beijing ... - Strana 246
upravili: - 1998 - 305 str.
Úplné zobrazení - Podrobnosti o knize

China in the New Millennium: Market Reforms and Social Development

James A. Dorn - 1998 - 438 str.
...accordingly. The aim of the dualtrack price system was to reduce the marginal price distortion in the SOEs' production decisions while leaving the state a measure...percent of retail sales were made at plan prices, and SOEs obtained 60 percent of their inputs and sold 60 percent of their outputs at market prices (Zou...
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Alternative Political Economy Models of Transition

Marangos - 332 str.
...resources and guaranteed that those resources were allocated to the priority sectors. Consequently, the aim of the dual-track price system was to reduce...state a measure of control over material allocation. Nonetheless, if the growth rate of the new sector is higher than that of the old sector, then the old...
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