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How China Escaped the Poverty Trap (Cornell Studies in Political Economy)

Yuen Yuen Ang




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 | #583394 in eBooks |  2016-08-01 |  2016-08-01 | File type: PDF

||1 of 1 people found the following review helpful.| Must read for everyone interested in development|By KD|I infer three big contributions (answering three big questions of development economics) of this book to the broader literature of development economics. These questions are seldom asked in development, much less answered. These questions are

1) There's a growth vs. institutions dichotomy in development literatur| |

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 l...

You easily download any file type for your gadget.How China Escaped the Poverty Trap (Cornell Studies in Political Economy)   |  Yuen Yuen Ang. A good, fresh read, highly recommended.

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