References
Cf. Peter Harrold, E.C. Hwa, Lou Jiwei, Macroeconomic Management in China, Proceedings of a Conference in Dalien, June 1993. In: World Bank Discussion Paper, No. 222, Washington 1993.
Cf. Anne Marie Gulde and Marianne Schulze-Ghattas, Purchasing Power Parity Based Weights for the World Economic Outlook. In: Staff Studies for the World Economic Outlook. IMF, Washington D.C. December 1993, p. 106 ff. Especially pp. 116–117: Alternative Dollar GDP Estimates for China.
At the start of the 1990s the number of rural inhabitants living on or below the poverty line was estimated at 70 million. Cf. K.H. Moinuddin, Poverty in the People's Republic of China: Recent Developments and Scope for Bank Assistance. Asian Development Bank, Manila 1992.
By mid-May 1993, when the grain price was liberalised in 2 000 towns and cities and 80% of all local authority areas, 80% of all production goods and 90% of all consumer goods had been freed of price controls. Cf. China: The Achievement and Challenge of Price Reform. In: A World Bank Country Study. Washington D.C. 1993.
Although this merely represents an acceleration of a trend which has been observed for more than 150 years. As early as the beginning of the 1970s, A. Donnithorne pointed out that — in contrast to the Japanese tax reform of 1873 — in China not a single regime had been able to raise central government's share of fiscal revenue since the end of the last imperial dynasty. Cf. A. Donnithorne, The Budget and the Plan in China. In: Contemporary China Papers No. 3; Canberra 1972, p. 15.
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Hagemann, E. PR China: Still no lasting stabilisation of the overheated economy. Economic Bulletin 31, 19–24 (1994). https://doi.org/10.1007/BF02233802
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DOI: https://doi.org/10.1007/BF02233802