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China's Trapped Transition_ The Limits of Developmental Autocracy - Minxin Pei [137]

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Qian and Chenggang Xu, “Why China’s Economic Reforms Differ: The M-form Hierarchy and Entry/Expansion of the Non-state Sector,” Economics of Transition1(2) (1993): 135-170; Jeffrey Sachs and Wing Thyc Woo, “Structural Factors in the Economic Reforms of China, Eastern Europe, and the Former Soviet Union,” Economic Policy 18 ( 1994) : 102-145.

31 See John McMillan, John Whalley, and Lijing Zhu, “The Impact of China’s Economic Reforms on Agricultural Productivity Growth,” Journal of Political Economy 97 (1989): 781-807; Justin Y¡fu Lin, “Rural Reforms and Agricultural Growth in China,” American Economic Review82 (1) (1992): 34-51. Jean Oi argues that the alignment of the interests of local governments with new rural industries produced the political coalition critical to the rapid growth of the manufacturing industries in rural China. Oi, Rural China Takes Off.

32 See Naughton, GrowingOut of the Plan.

33 Lardy, China’s Unfinished Economic Revolution; Christoph Duenwald and Jahangir Aziz, “The Growth-Financial Development Nexus,” in Tseng and Rodlauer, cds., China: Competing in the Global Economy, 52-67; James Daniel et al., “Medium-Term Fiscal Issues,” in Tseng and Rodlauer eds., China:Competing in the Global Economy.

34 Sachs and Woo, “Structural Factors in the Economic Reforms”; Jeffrey Sachs and Wing Thyc Woo, “Understanding China’s Economic Performance,” Working Paper No. 1793 (Cambridge, Mass.: Harvard Institute for International Development, 1997).

35 Young, “The Razor’s Edge.”

36 Jeffrey Sachs, Wing Thye Woo, and Xiaokai Yang, “Economic Reforms and Constitutional Transition,” Social Science Research Network Electronic Paper Collection, Social Science Electronic Publishing Inc., papers. ssrn.com/paper.taf?abstract_id+254110.

37 For a few representative works that evaluate China’s approach, see Wu Jinglian, “Zhongguo gaige de huigu yu qianzhan”; Fan Gang, Jianjin gaige de zhengzhi jingjixue fenxi; Zhao Renwei, “Dui woguo jingji gaigc ershinian de ruogan sikao,” 9-16; Li Jingwen, “Zhongguo jingji fazhan qianli fenxi yu yuce” (An Analysis and Forecast of China Economic Development Potential), Zhongguoshehui kexue jikan (Chinese Social Science Quarterly) 26 (1999): 32-44; DRC, “Zhongguo jingji fazhan de jieduan xing bianhua, mianlin de wenti he fazhan de qianjing” (Changes in the State of the Chinese Economy, Its Problems and Prospects for Development), Jingji yaocan (ImportantEconomic Reference)1303 (August 29, 2002): 2-24.

38 DRC, “Zhongguo jingji fazhan de jieduan xing bianhua,” 11.

39 Wu cites that the state-owned sector, which in the late 1990s contributed one-third of China’s GDP, and used about two-thirds of the capital. Wu Jinglian, “Zhongguo gaige de huigu yu qianzhan,” 2.

40 Fan Gang, Jianjin gaige de zhengzhi jingjixue fenxi, 165-167.

41 Renmin ribao (People’s Daily), October 21, 2003, 1.

42 Wu Jinglian’s views were summarized in a news story, www.chinanews.com.cn. , March 4, 2001.

43 The interview with Wu was printed on www.chinanews.com.cn, March 1, 2003.

44 Roland, Transitionand Economics, 12-13.

45 A big-bang approach is defined as incorporating not just stabilization, but also liberalization, privatization, and major institutional reforms. See the World Bank, TheWorld Development Report1996: FromPlan to Market. (Washington, D.C.: World Bank, 1996).

46 Alvaro Martínez and Javier Diaz, Chile: The Great Transformation (Washington, D.C.: Brookings Institution Press, 1996).

47 Zhongguo caizheny nianjian 2002 (Fiscal Yearbook of China) (Beijing: Zhongguo caizheng zazhishe, 2002), 394.

48 www.chinanews.com.cn, October 20, 2003, and June 3, 2004. Dangzheng ganbu wenzhai(Digest for Party and Government Officials) 6 (2002): 48.

49 www.chinanews.com.cn, June 25, 2004.

50 Mary Gallagher, “Reform and Openness: Why China’s Economic Reforms Have Delayed Democracy,” World Politics 54(3) (2002): 338-372.

51 Yasheng Huang, SellingChina: Foreign Direct Investment During- the Reform Era (New York: Cambridge University Press, 2003).

52 Dickson, China‘sRed Capitalists.

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