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A Third Way - The Origins of China’s Current Economic Development Strategy (Hardcover)
Loot Price: R1,268
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A Third Way - The Origins of China’s Current Economic Development Strategy (Hardcover)
Series: Harvard East Asian Monographs
Expected to ship within 12 - 17 working days
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From 1949 to 1978, communist elites held clashing visions of
China’s economic development. Mao Zedong advocated the “first
way” of semi-autarchy characteristic of revolutionary Stalinism
(1929–34), while Zhou Enlai adapted bureaucratic Stalinism
(1934–53) to promote the “second way” of import substitution
industrialization. A Third Way tells the story of Deng Xiaoping’s
experimentation with export-led development inspired by Lenin’s
New Economic Policy and the economic reforms of Eastern Europe and
Asia. Having uncovered an extraordinary collection of internal
party and government documents, Lawrence Reardon meticulously
traces the evolution of the coastal development strategy, starting
with special economic zones in 1979 and evolving into the fourteen
open coastal cities, the Hainan SEZ, and eventual accession to the
global trade regime in 2001. Reardon details how Deng and Zhao
Ziyang tackled large-scale smuggling operations, compromised with
Chen Yun’s conservative views, and overcame Deng Liqun’s
ideological opposition. Although Zhao Ziyang was airbrushed out of
official Chinese history after June 4, 1989, Reardon argues that
Zhao was the true architect of China’s opening strategy. A Third
Way provides important new insights about the crucial period of the
1980s and how it paved the way for China’s transformation into a
global economic superpower.
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