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China's Economic Challenge: Unconventional Success

China's Economic Challenge: Unconventional Success

Hardcover

EconomicsGeneral Political Science

ISBN10: 981123048X
ISBN13: 9789811230486
Publisher: World Scientific Publishing Company
Published: Apr 4 2022
Pages: 476
Weight: 1.77
Height: 1.06 Width: 6.00 Depth: 9.00
Language: English

This book analyzes economic strategies responsible for China's 40 years of 40-fold growth, suggesting how such strategies might be applied elsewhere. It combines a seven-chapter chronological analysis of China's growth with three additional chapters on the government's leadership role, success in poverty reduction, and China's combined international finance and trade experience. The book recaps why China's success challenges the United States and the field of development economics. One of its emphases, the 1980s, reports how generous rural price and land-tenure reforms caused a rural income boom that threatened urban subsidized livelihoods and underpinned consequent violence. It describes how China will likely face a similar challenge moving forward, during the planned merger of rural and urban workforces.

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Keidel Albert

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General Political Science