Aditya Bharadwaj

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Many of these cadres had monopolized the allocation of resources under central planning. If the introduction of markets eroded their traditional base of power and gave them no benefit in return, they would resist reforms.40 What structure of property rights would fit within these constraints, that is, is not private, could incentivize production, and would enlist local communist cadres in the process of industrialization?
Aditya Bharadwaj
The stakeholders needed to be provided power through other ways
How China Escaped the Poverty Trap
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