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Item Details
Title: CAPITALISM WITH CHINESE CHARACTERISTICS
ENTREPRENEURSHIP AND THE STATE
By: Yasheng Huang
Format: Hardback

List price: £33.00
Our price: £28.88
Discount:
12.5% off
You save: £4.12
ISBN 10: 0521898102
ISBN 13: 9780521898102
Availability: Usually dispatched within 3-5 days.
 Delivery rates
Stock: Currently 1item in stock
Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 1 September, 2008
Pages: 366
Description: Explains why China grew differently in the 1980s than in the 1990s and beyond, and what consequences this has today.
Synopsis: Presents a story of two Chinas - an entrepreneurial rural China and a state-controlled urban China. In the 1980s, rural China gained the upper hand. In the 1990s, urban China triumphed. In the 1990s, the Chinese state reversed many of its rural experiments, with long-lasting damage to the economy and society. A weak financial sector, income disparity, rising illiteracy, productivity slowdowns, and reduced personal income growth are the product of the capitalism with Chinese characteristics of the 1990s and beyond. While GDP grew quickly in both decades, the welfare implications of growth differed substantially. The book uses the emerging Indian miracle to debunk the widespread notion that democracy is automatically anti-growth. As the country marked its 30th anniversary of reforms in 2008, China faces some of its toughest economic challenges and substantial vulnerabilities that require fundamental institutional reforms.
Illustrations: 9 tables
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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