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Books > Social sciences > Politics & government > International relations
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China's Crisis of Success (Hardcover)
Loot Price: R2,037
Discovery Miles 20 370
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China's Crisis of Success (Hardcover)
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China's Crisis of Success provides new perspectives on China's rise
to superpower status, showing that China has reached a threshold
where success has eliminated the conditions that enabled miraculous
growth. Continued success requires re-invention of its economy and
politics. The old economic strategy based on exports and
infrastructure now piles up debt without producing sustainable
economic growth, and Chinese society now resists the disruptive
change that enabled earlier reforms. While China's leadership has
produced a strategy for successful economic transition, it is
struggling to manage the politics of implementing that strategy.
After analysing the economics of growth, William H. Overholt
explores critical social issues of the transition, notably
inequality, corruption, environmental degradation, and
globalisation. He argues that Xi Jinping is pursuing the riskiest
political strategy of any important national leader. Alternative
outcomes include continued impressive growth and political
stability, Japanese-style stagnation, and a major
political-economic crisis.
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