Kornai János: “Da Zhuanxing” (“Great Transformation”) in Chinese. In Comparative Studies, 2005. No 17, pp.1-24. Original 6.76, in English, 2006.

Contents ; Ft-1 27 • k® • mm The Design of Financial Systems: Towards a Synthesis of Function and Structure by Robert C. Merton and Zvi Bodie 59 Îf/ëS • W9 Information Is a Good by Kenneth Arrow Financial Reform Financial Reform in the Middle Kingdom by Howard Davies 81 S M PSiIa$ 65 Great Transformation :rL / P Guide mmt • by János Kornai

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