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Capitalism with Chinese Characteristics
Yasheng Huang
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Description for Capitalism with Chinese Characteristics
Hardcover. Explains why China grew differently in the 1980s than in the 1990s and beyond, and what consequences this has today. Num Pages: 366 pages, 9 tables. BIC Classification: 1FPC; 3JJPN; KCG; KCM; KCZ; KJH. Category: (UU) Undergraduate. Dimension: 238 x 161 x 26. Weight in Grams: 648.
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 ... Read more
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 ... Read more
Product Details
Publisher
Cambridge University Press United Kingdom
Number of pages
366
Format
Hardback
Publication date
2008
Condition
New
Weight
646g
Number of Pages
366
Place of Publication
Cambridge, United Kingdom
ISBN
9780521898102
SKU
V9780521898102
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-1
About Yasheng Huang
Yasheng Huang teaches international management at Sloan School of Management, Massachusetts Institute of Technology. His previous appointments include serving as assistant professor at the University of Michigan, associate professor at Harvard Business School, and consultant to the World Bank. In addition to journal articles, Professor Huang has published Inflation and Investment Controls in China (Cambridge University Press, 1996), FDI in ... Read more
Reviews for Capitalism with Chinese Characteristics
'The development of the Chinese private sector is a key to the future shape and performance of the Chinese economy. At present, the subject is widely misunderstood. This book does more than any other to clarify the issues and point the way forward.' Christopher Howe, School of East Asian Studies, University of Sheffield '… important book … If one wants ... Read more