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How China escaped the poverty trap

By: Material type: TextTextPublication details: London Cornell University Press 2016Description: xvi, 326p.;24cmISBN:
  • 978-1501700200
Subject(s): DDC classification:
  • 338.951 ANG
Summary: Before markets opened in 1978, China was an impoverished planned economy governed by a Maoist bureaucracy. In just three decades it evolved into the world?s second-largest economy and is today guided by highly entrepreneurial bureaucrats. In How China Escaped the Poverty Trap, Yuen Yuen Ang explains this astonishing metamorphosis. Rather than insist that either strong institutions of good governance foster markets or that growth enables good governance, Ang lays out a new, dynamic framework for understanding development broadly. Successful development, she contends, is a coevolutionary process in which markets and governments mutually adapt.
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Holdings
Item type Current library Call number Status Barcode
Book Book UONGOZI Institute Resources Centre - Dar es Salaam Sustainable Development 338.951 ANG (Browse shelf(Opens below)) Available UR008642
Book Book UONGOZI Institute Resources Centre - Dodoma Sustainable Development 338.951 ANG (Browse shelf(Opens below)) Available UR008568
Book Book UONGOZI Institute Resources Centre - Dodoma Sustainable Development 338.951 ANG (Browse shelf(Opens below)) Available URD001833

Includes bibliographical references (pages 267-314) and index.

Before markets opened in 1978, China was an impoverished planned economy governed by a Maoist bureaucracy. In just three decades it evolved into the world?s second-largest economy and is today guided by highly entrepreneurial bureaucrats. In How China Escaped the Poverty Trap, Yuen Yuen Ang explains this astonishing metamorphosis. Rather than insist that either strong institutions of good governance foster markets or that growth enables good governance, Ang lays out a new, dynamic framework for understanding development broadly. Successful development, she contends, is a coevolutionary process in which markets and governments mutually adapt.

English

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