Political and economic factors - market reforms, Business Economics

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Discuss  the following in relation to China's market reforms:

(1)  the political and economic factors on the basis of which China decided to undertake market reforms;

(2) how China's approach to market transition differs from the approach followed by the ex-Soviet economies; 

(3)  to what degree China's  peculiar  strategy can be  considered critical for the success  of China's rapid growth; 

(4) the implications of this for  other developing countries seeking to follow the same path.


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