Market Socialism with “Chinese Characteristics”

Abstract

Purpose

The paper provides an overview of material helpful in placing the subsequent papers in context, as well as a summary of the research contributions made by the individual papers themselves.

Methodology/approach

We begin with a timeline of China’s Economic Reform, including both major events that permitted the opening and expansion of the nation’s economy, and important milestones of the historical movement. We then consider the impact of philosophy and culture (particularly, Confucianism and socialism) on China’s society and government, which leads naturally to certain observations regarding the political-economic model in which state-owned enterprises play a central role. In the final section, we briefly summarize the contents of the remaining papers.

Citation

Choi, J.J., Powers, M.R. and Zhang, X.T. (2016), "Market Socialism with “Chinese Characteristics”", The Political Economy of Chinese Finance (International Finance Review, Vol. 17), Emerald Group Publishing Limited, Leeds, pp. 3-13. https://doi.org/10.1108/S1569-376720160000017007