Construct · 1 fields · 1 citations

dual-track approach to transition: a standalone construct

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Development economics

liberalizing at the margin while keeping planned quotas, so market activity grows without making those protected by the plan worse off.

In development economics, dual-track approach to transition refers to liberalizing at the margin while keeping planned quotas, so market activity grows without making those protected by the plan worse off. This meaning comes from Lau (2000) in Journal of Political Economy.[1]

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Nearby constructs

development1 fields · 2 citationsanchor · a standalone construct margin2 fields · 2 citationsjingle · one word, two constructs market3 fields · 5 citationsjingle · one word, three constructs

References

Lau, L. J., Qian, Y., & Roland, G. (2000). Reform without Losers: An Interpretation of China's Dual‐Track Approach to Transition. Journal of Political Economy, 108(1), 120-143. https://doi.org/10.1086/262113

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