Markets Over Mao

Markets Over Mao
Author: Nicholas R Lardy
Publisher: Columbia University Press
Total Pages: 425
Release: 2014-09-10
Genre: Political Science
ISBN: 0881326941

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China's transition to a market economy has propelled its remarkable economic growth since the late 1970s. In this book, Nicholas R. Lardy, one of the world's foremost experts on the Chinese economy, traces the increasing role of market forces and refutes the widely advanced argument that Chinese economic progress rests on the government's control of the economy's "commanding heights." In another challenge to conventional wisdom, Lardy finds little evidence that the decade of the leadership of former President Hu Jintao and Premier Wen Jiabao (2003–13) dramatically increased the role and importance of state-owned firms, as many people argue. This book offers powerfully persuasive evidence that the major sources of China's growth in the future will be similarly market rather than state-driven, with private firms providing the major source of economic growth, the sole source of job creation, and the major contributor to China's still growing role as a global trader. Lardy does, however, call on China to deregulate and increase competition in those portions of the economy where state firms remain protected, especially in energy and finance.


Markets Over Mao
Language: en
Pages: 425
Authors: Nicholas R Lardy
Categories: Political Science
Type: BOOK - Published: 2014-09-10 - Publisher: Columbia University Press

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China's transition to a market economy has propelled its remarkable economic growth since the late 1970s. In this book, Nicholas R. Lardy, one of the world's fo
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Type: BOOK - Published: 2019-01-01 - Publisher: Peterson Institute for International Economics

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Pages: 361
Authors: Donghyun Park
Categories: Business & Economics
Type: BOOK - Published: 2019-02-25 - Publisher: World Scientific

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'Dr Donghyun Park is a prominent and rare economist in Asia who can combine frontline economic theories, lively data, and real-time policy analyses. Capitalism
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Language: en
Pages: 302
Authors: Nicholas R. Lardy
Categories: Business & Economics
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China's transition to a market economy has propelled its remarkable economic growth since the late 1970s. In this book, Nicholas R. Lardy, one of the world's fo
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Language: en
Pages: 742
Authors: Roderick MACFARQUHAR
Categories: History
Type: BOOK - Published: 2009-06-30 - Publisher: Harvard University Press

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Explains why Mao launched the Cultural Revolution, and shows his Machiavellian role in masterminding it. This book documents the Hobbesian state that ensued. Po