Inflation and Investment Controls in China. The Political Economy of Central-Local Relations during the Reform Era, Paperback/***

How has the Chinese central government been able to avoid the crippling hyperinflation that has bedeviled so many developing and centrally planned economies? Focusing on central-local relations, Yasheng Huang explains why local Chinese officials comply, even against their own economic interests, with the inflation-control policies of the central government. Publisher: Cambridge University Press Author(s): Yasheng (University of Michigan, Ann Arbor) Huang Illustration(s): 41 Tables, unspecified; 12 Line drawings, unspecified Number of pages: 396 Publication date: 1999 Dimensions: 229 x 154 x 22 Cover type: Paperback / softback