Abstract
There are many economic challenges facing China in its transformation to a market economy. Professor Dean discusses five of the most important of these challenges and the opportunities which they present.
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The seminal article is Paul M. Romer: Increasing Returns and Long-Run Growth, in: Journal of Political Economy, October 1986, Vol. 94, pp. 1002–1037
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This article is a revised version of an address to the China Institute of Contemporary International Relations, Beijing.
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Dean, J.W. Five challenges for China in the 1990s. Intereconomics 30, 247–252 (1995). https://doi.org/10.1007/BF02926367
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DOI: https://doi.org/10.1007/BF02926367