40th anniversary of reform and the issue of general factor productivity in China
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40th anniversary of reform and the issue of general factor productivity in China
Annotation
PII
S013128120007994-4-
Publication type
Article
Status
Published
Authors
Zoya Muromtseva 
Affiliation: IFES RAS
Address: Russian Federation
Edition
Pages
50-58
Abstract

An important milestone in the reform of the public sector of the PRC was the decision of the plenary session of the CPC Central Committee to create a system of modern enterprises. Adopted in 1993, it, firstly, turned into an alternative to collateral auctions and total deindustrialization in Russia, which almost coincided with it in time, and secondly, anticipated the ideas of a new type of industrialization (high-tech economy based on resource saving, modernization, environmental protection). 24 years later, these innovations were developed and developed in depth: the 19th CPC Congress set the task of increasing the overall factor productivity, which is formed independently of labor and capital costs due to the long-term scientific and technological innovations affecting its cost. The growth of overall factor productivity seemed to predetermine the success of the future path, but the unpredictability of the global economy was complicated by the rivalry between China and the United States.

Keywords
reform of state-owned enterprises, institutionalization of technological, innovative and informative development, social capital, total factor productivity, index of a new economy
Received
22.12.2019
Date of publication
24.12.2019
Number of purchasers
71
Views
1225
Readers community rating
0.0 (0 votes)
Previous versions
S013128120007994-4-1 Дата внесения правок в статью - 20.12.2019
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References

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