How China Escaped Shock Therapy: The Market Reform Debate (Routledge Studies on the Chinese Economy) - Image 1

£128.92

Routledge How China Escaped Shock Therapy: The Market Reform Debate (Routledge Studies on the Chinese Economy)

Name: How China Escaped Shock Therapy: The Market Reform Debate (Routledge Studies on the Chinese Economy)
Brand: Routledge
Price: 128.92 GBP
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Business & Economic History

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Description

China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization―but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.

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How China Escaped Shock Therapy: The Market Reform Debate

Books Subjects Business Finance Law Economics International Economics Development Books Subjects Business Finance Law Economics Economic Policy Development Books Subjects Business Finance Law Sales Marketing International Books Subjects Business Finance Law Economics History Books Subjects Business Finance Law Sales Marketing Brands Corporate Identity Books Subjects History Asia Books Subjects Business Finance Law Economics Political Economy Books Subjects Business Finance Law Economi

Product Specifications

Brand: Routledge
Format: hardcover
ASIN: 1138592196
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 27 May 2021
Listed Since: 07 December 2020

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Routledge How China Escaped Shock Therapy: The Market Reform Debate (Routledge Studies on the Chinese Economy)

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