The Joint Stock Share System in China’s Nanhai County

David J. Bledsoe and Roy L. Prosterman

The Joint Stock Share System in China’s Nanhai County

Between 1979 and 1983, China made the dramatic transition from a socialist agriculture dominated by large collective farms to a more market-oriented agriculture dominated by small family farms. This report describes the experiment’s background in light of Nanhai’s recent development history, and...
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Economy