Barry Naughton Details the Progress of Reform in China
China's Reform Credibility Problem
12/31/2012
Barry Naughton,
Caixin Media
There is a great deal of consensus in China about changing the growth model and the need to restart and reinvigorate economic reforms, but there's much less consensus about which economic reforms should be implemented first and right away.
Reforms in the past have achieved a great deal. Things that haven't been done today are especially difficult. They are either technically difficult or they create opposition or they need ideological breakthroughs to help people understand the kind of society and economy that China is becoming.
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Barry Naughton is Sokwanlok Chair of Chinese International Affairs. He is the professor of Chinese Economy at the School of International Relations and Pacific Studies. His work focuses on issues relating to industry, trade, finance, and China's transition to a market economy. Recent research emphasizes on regional economic growth in the People's Republic of China and the relationship between foreign trade, investment and regional growth.
