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 an...

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Bibliographic Details

Main Author:	Huang, Yasheng (Author)
Format:	Electronic eBook
Language:	English
Published:	Cambridge Cambridge University Press 2008
Subjects:	Geschichte 1978-2007 Kapitalismus Wirtschaftspolitik Capitalism / China Rural industries / China Entrepreneurship / China Stadt Wirtschaftswachstum Entrepreneurship Wirtschaftssystem Ländlicher Raum China / Economic policy China
Online Access:	BSB01 UBG01 Volltext
Summary:	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
Item Description:	Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Physical Description:	1 online resource (xviii, 348 pages)
ISBN:	9780511754210
DOI:	10.1017/CBO9780511754210