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Books > Reference & Interdisciplinary > Interdisciplinary studies > Area / regional studies
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Making Sense of China's Economy (Hardcover)
Loot Price: R890
Discovery Miles 8 900
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Making Sense of China's Economy (Hardcover)
Expected to ship within 9 - 17 working days
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For years, China's transformation from one of the world's poorest
nations was lauded as a triumph that lifted hundreds of millions of
people out of poverty. There were always questions about data
reliability and growth sustainability, but the general views on
China have recently taken a decidedly sour turn. Concerns abound
about state interference in the economy, an ageing population, and
high debt level. Making Sense of China's Economy untangles China's
complex economic structure, evolving issues and curious
contradictions, and explains some key features of this most
puzzling of global economic powerhouses. This book reveals how
factors such as demographics, the initial stage of development in
1978, the transition away from full state ownership and central
planning, the dual urban-rural society, and a decentralised
governance structure have combined to shape the economy, its
development and its reforms. It shows how the pragmatic and
adaptive nature of China's policymaking upends familiar
perspectives and hinders simple cross-country comparisons. The book
also explores crucial topics including the property market, debt
accumulation and environmental challenges. In this book, Tao Wang
innovatively weaves the multiple strands of China's economy into a
holistic and organic tapestry that gives us unique insights from
both a Chinese and an international perspective. This book is
critical reading for business leaders, investors, policymakers,
students, and anyone else hoping to understand China's economy and
its future evolution and impact, written by a specialist who has
studied the country from both inside and out.
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