How China Became Capitalist(1st Edition)
Authors:
Ronald Coase, Ning Wang
In Stock: 1 Left
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Total Price:
$60.89
Solution Manual Includes
Price:
$9.99
Book details
ISBN: 1137351438, 9781137351432
Book publisher: Palgrave Macmillan
Book Price $60.89 : In 'How China Became Capitalist,' Ronald Coase and Ning Wang unravel the intricate journey of China's transformation from a centrally-planned economy to a vibrant capitalist society. This seminal work delves into the key structural reforms and economic policies that paved the way for China's unprecedented economic growth. Using a solution manual approach, the authors dissect the pragmatic shift in policy decisions that eschewed typical 'top-down' strategies in favor of local experimentation — a theme central to understanding China's market evolution. Their analysis highlights how certain economic zones served as an Answer Key for nationwide reforms, acting as proving grounds for free-market principles. The book is meticulously structured into thematic segments, akin to a table of contents, detailing stages of transition spanning from rural land reforms to the liberalization of urban enterprises, each offering critical insights into methodologies and economic strategies. Coase and Wang argue that China's capitalist success owes more to incremental modifications and less to deliberate adherence to Western economic doctrines, presenting a narrative that appeals to economists and policymakers alike. The reception of this work has been notably positive among scholars and students of economic history for its groundbreaking insights and detailed narrative. Through this analysis, key terms such as 'decentralization,' 'market liberalization,' and 'economic zones' are thoroughly explored, providing a profound understanding of China's unique economic metamorphosis. Students appreciate the affordable, cheap study aids accompanying this comprehensive and insightful guide.
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