中国经济发展与转型英文版04-05-06.ppt

Chinese Modern Economic History The Socialist Era 1949-1978 Naughton, Chapter 3 Chinese Modern Economic History Make the dream come true - state led industrialization the collective instead of the household farm But leave farming alone, generally - no technological focus Use USSR technology and advice A variation on the “Big Push” idea What is the problem that the Big Push is trying to solve? Prices are not providing good information to the market, because of externalities and market failure. There are “missing pieces” in the industrial structure, because some industries are to