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How China escaped shock therapy : the market reform debate
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ISBN: 042995395X 9780429490125 0429490127 9780429953958 9780429953965 0429953968 9780429953941 0429953941 9781138592193 9781032008493 1138592196 1032008490 Year: 2021 Publisher: Abingdon, Oxon ; New York, N.Y. : Routledge,

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"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interviews with key Chinese and international proponents and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization.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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Governance and politics of China
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ISBN: 9780230279933 9780230279926 0230279937 Year: 2011 Publisher: Basingstoke Palgrave Macmillan

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Lavish spectacles such as the Beijing Olympics and Expo 2010 have raised China's global profile and echoed predictions of a rise to the position of a major world actor. Yet moves towards a market-based economy, together with the global recession, have exacerbated a number of political and social challenges for the Chinese government. The tensions between communist and capitalist identities continue to divide society. The People's Republic is now over sixty years old -- an appropriate juncture at which to reassess the state of contemporary Chinese politics. In this substantially revised third edition, Saich delivers a thorough introduction to all aspects of politics and governance in post-Mao China, taking full account of the changes of the Seventeenth Party Congress and Eleventh National People's Congress. Recent political, economic and social developments are also examined.


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Assessing China's power
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ISBN: 9781137537072 9781137537065 9781137534583 9781137534613 113753706X 1137534583 1137537078 1137534613 Year: 2015 Publisher: Basingstoke Palgrave Macmillan

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"The topic of China's rise and what it really means for the global and regional order is the subject of intense debate in scholarly discourse and media around the world. While some are confident that China will rise to the level of an equally powerful competitor to the United States, others are more cautious. This volume engages with this ongoing debate through empirical, sector-based, and systematic assessments of China's power. Top scholars address China's power today, compare China's power with that of the USA, and forecast China's power in 2025. The book offers persuasive accounts of where China stands out, where China still has room to improve, and where China's comprehensive power is and will be situated within the hierarchy of the international system"--

India, China and globalization : the emerging superpowers and the future of economic development.
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ISBN: 9780230500518 023050051X 1349352721 9786611844615 1281844616 023059154X Year: 2007 Publisher: Basingstoke Palgrave Macmillan

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The momentum of economic progress in India and China will bring about the next major shift in geopolitics. This book analyzes the economic experience of both countries in the context of development and globalization, and offers insights that could be crucial for development thinking.

Economic growth and distribution in China
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ISBN: 0521219043 0521034639 0511528264 0511826338 9780521219044 Year: 1978 Publisher: Cambridge : Cambridge University Press,

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This study maintains that China's system of economic planning tends to mitigate the trade-off between economic growth and equity that has been found to prevail in the early stages of development in most less developed countries. The analysis focuses on the Chinese leadership's attempt to improve economic efficiency by decentralizing economic management without encouraging, as a consequence, increased economic inequality among different regions. By examining the budgetary and planning process, focusing in particular on the fiscal relations between the centre and the far-reaching degree of resource redistribution undertaken by the central government through its control of interprovincial and intersectoral resource transfers. Professor Lardy's analysis highlights the essential features of Chinese economic growth and relates these to the experience of both developing and Soviet-type economies.


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The China boom
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ISBN: 9780231540223 9780231164184 9780231164191 0231540221 0231164181 023116419X Year: 2016 Publisher: New York

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Many thought China's rise would fundamentally remake the global order. Yet, much like other developing nations, the Chinese state now finds itself in a status quo characterized by free trade and American domination. Through a cutting-edge historical, sociological, and political analysis, Ho-fung Hung details the competing interests and economic realities that temper the dream of Chinese supremacy-forces that are stymieing growth throughout the global South. Hung focuses on four common misconceptions: that China could undermine orthodoxy by offering an alternative model of growth; that China is radically altering power relations between the East and the West; that China is capable of diminishing the global power of the United States; and that the Chinese economy would restore the world's wealth after the 2008 financial crisis. His work reveals how much China depends on the existing order and how the interests of the Chinese elites maintain these ties. Through its perpetuation of the dollar standard and its addiction to U.S. Treasury bonds, China remains bound to the terms of its own prosperity, and its economic practices of exploiting debt bubbles are destined to fail. Hung ultimately warns of a post miracle China that will grow increasingly assertive in attitude while remaining constrained in capability.

The Chinese economy : transitions and growth
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ISBN: 0262640643 9780262640640 0262140950 9780262140959 Year: 2007 Publisher: Cambridge : MIT,

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