The Return of Planning in China: Comment on Heilmann–Melton and Hu Angang
Abstract
Heilmann and Melton break important new ground in describing the revival of development planning in China and showing how planning is now interwoven with other aspects of the political system, particularly policy formulation and cadre evaluation. Clarification of the instruments planners use and their link to developmental outcomes would improve the argument. Although planners believe their plans are consistent with a market economy, it may turn out that the revival of planning after 2003 was purchased at the cost of significant distortions in the market economy and reduced efficiency.
Keywords
planning, market reform, energy conservation, industrial policy
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