Title Capitalism with Chinese characteristics : entrepreneurship and the state / Yasheng Huang

Published Cambridge ; New York : Cambridge University Press, 2008

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Description 1 online resource (xviii, 348 pages) : illustrations Contents Just how capitalist is China? -- The entrepreneurial decade -- A great reversal -- What is wrong with Shanghai? -- Capitalism with Chinese characteristics Summary Presents a story of two Chinas - an entrepreneurial rural China and a state-controlled urban China. In the 1980s, rural China gained the upper hand. In the 1990s, urban China triumphed. In the 1990s, the Chinese state reversed many of its rural experiments, with long-lasting damage to the economy and society. A weak financial sector, income disparity, rising illiteracy, productivity slowdowns, and reduced personal income growth are the product of the capitalism with Chinese characteristics of the 1990s and beyond. While GDP grew quickly in both decades, the welfare implications of growth differed substantially. The book uses the emerging Indian miracle to debunk the widespread notion that democracy is automatically anti-growth. As the country marked its 30th anniversary of reforms in 2008, China faces some of its toughest economic challenges and substantial vulnerabilities that require fundamental institutional reforms Bibliography Includes bibliographical references (pages 321-338) and index Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL English Print version record digitized 2011 HathiTrust Digital Library committed to preserve pda MiAaHDL Subject Capitalism -- China Rural industries -- China. Entrepreneurship -- China BUSINESS & ECONOMICS -- Free Enterprise. Capitalisme. Politique économique. Esprit d'entreprise. Economie rurale. Capitalism Economic policy Entrepreneurship Rural industries Wirtschaftswachstum Kapitalismus Wirtschaftspolitik Entrepreneurship Staatskapitalisme. Ondernemerschap. Plattelandsontwikkeling. SUBJECT China -- Economic policy. http://id.loc.gov/authorities/subjects/sh85024018 Subject Chine. China China China. Form Electronic book ISBN 9780511430046 0511430043 0511429665 9780511429668 1281791563 9781281791566 9780511754210 0511754213 1107714206 9781107714205 1107202035 9781107202030 9786611791568 6611791566 0511427867 9780511427862 0511429282 9780511429286

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