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How China Escaped the Poverty Trap by Yuen Yuen Ang (Hardcover, 2016)

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Author: By Ang, Yuen Yuen. How China Escaped the Poverty Trap. Combining this original lens with more than 400 interviews with Chinese bureaucrats and entrepreneurs, Ang systematically reenacts the complex process that turned China from a communist backwater into a global juggernaut in just 35 years.

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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. By mapping this coevolution, Ang reveals a startling conclusion: poor and weak countries can escape the poverty trap by first harnessing weak institutions-features that defy norms of good governance-to build markets. Further, she stresses that adaptive processes, though essential for development, do not automatically occur. Highlighting three universal roadblocks to adaptation, Ang identifies how Chinese reformers crafted enabling conditions for effective improvisation. How China Escaped the Poverty Trap offers the most complete synthesis to date of the numerous interacting forces that have shaped China's dramatic makeover and the problems it faces today. Looking beyond China, Ang also traces the coevolutionary sequence of development in late medieval Europe, antebellum United States, and contemporary Nigeria, and finds surprising parallels among these otherwise disparate cases. Indispensable to all who care about development, this groundbreaking book challenges the convention of linear thinking and points to an alternative path out of poverty traps.

Product Identifiers

Publisher
Cornell University Press
ISBN-13
9781501700200
eBay Product ID (ePID)
227437406

Product Key Features

Author
Yuen Yuen Ang
Publication Name
How China Escaped the Poverty Trap
Format
Hardcover
Language
English
Subject
Economics
Publication Year
2016
Type
Textbook
Number of Pages
344 Pages

Dimensions

Item Height
229mm
Item Width
152mm
Item Weight
28g

Additional Product Features

Title_Author
Yuen Yuen Ang
Series Title
Cornell Studies in Political Economy
Country/Region of Manufacture
United States

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item 1 How China Escaped the Poverty Trap by Ang, Yuen Yuen -Hcover
AU $60.57
+AU $9.98 postage
item 2 How China Escaped the Poverty Trap (Cornell Stu, Ang..
AU $240.21
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item 3 Yuen Yuen Ang How China Escaped the Poverty Trap (Hardback)
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Picture 1 of 1

How China Escaped the Poverty Trap by Yuen Yuen Ang (Hardcover, 2016)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

All listings for this product

item 1 How China Escaped the Poverty Trap by Ang, Yuen Yuen -Hcover

item 2 How China Escaped the Poverty Trap (Cornell Stu, Ang..

item 3 Yuen Yuen Ang How China Escaped the Poverty Trap (Hardback)

Best Selling in Adult Learning & University

Permaculture: A Designer's Manual by Bill Mollison (Hardcover, 1988)

Australian Native Bee Book: Keeping Stingless Bee Hives for Pets, Pollination and Sugarbag Honey by Tim Heard (Paperback, 2015)

The Weed Forager's Handbook: A Guide to Edible and Medicinal Weeds in Australia by Adam Grubb, Annie Raser-Rowland (2012, Paperback)

Empire of the Summer Moon: Quanah Parker and the Rise and Fall of the Comanches, the Most Powerful Indian Tribe in American History by S.C. Gwynne (Paperback, 2011)

Botanical Field Guide by Stefan Mager (Fold-out book or chart, 2021)

Linux Basics For Hackers: Getting Started with Networking, Scripting, and Security in Kali by OccupyTheWeb (Paperback, 2018)

The Hundred Years' War on Palestine: A History of Settler Colonial Conquest and Resistance by Rashid I. Khalidi (Paperback, 2020)

Save on Adult Learning & University

The Australian Native Bee Hive Book: Keeping Stingless Sugarbag OATH Tim Heard

Weed Forager's Handbook: A Guide to Edible and Medicinal Weeds in Australia by A

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Classical Mechanics: The Theoretical Minimum by George Hrabovsky

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