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portada How China Escaped Shock Therapy: The Market Reform Debate (Routledge Studies on the Chinese Economy) (in English)
Type
Physical Book
Author
Publisher
Year
2021
Language
English
Pages
358
Format
Paperback
Dimensions
23.4 x 15.6 x 1.9 cm
Weight
0.50 kg.
ISBN13
9781032008493
Edition No.
1
Categories

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

Isabella M. Weber (Author) · Routledge · Paperback

How China Escaped Shock Therapy: The Market Reform Debate (Routledge Studies on the Chinese Economy) (in English) - Weber, Isabella M.

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

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interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization.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.

Customers reviews

Carolina SilvaSunday, December 10, 2023

El libro llegó en perfectas condiciones, tardó en llegar pero es lo esperable en compra internacional. Para quienes se sienten interesados, es una investigación muy completa, la autora sabe mandarín y pudo acceder a documentos y entrevistas con los principales economistas que fueron parte de las reformas económicas en China. ¡Recomendadísimo!

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The book is written in English.

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The binding of this edition is Paperback.

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