1993-04-02
13:15 DEL
[UK]
45 24 98 37
P.03
17.02
DE ULDE CENDEU DIRECTEUR
H
0-452498377 .P.03
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economy, and the instruments characterize that type of
economy (e.g. commercial banks, joint ventures, etc.) have
been progressively introduced. At the same time, a market
"culture" has been spreading through the province. Thus the
change in institutions has been accompanied by a change in
attitudes.
19.31 It is worth devoting a short-term study to this
exceptional case. The study will focus on the relations between
Hong Kong and Guangdong Province, with a view to assessing,
on the one hand, the extent to which their co-operation has
fostered a transformation in the economic and political
institutions in a "socialist market economy" and, on the other,
the effects of these changes on economic growth. The findings,
which will be published, will undoubtedly be very useful for
the other studies the Centre is conducting on the problems
associated with the transition from a command economy to
a market economy.
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