Institutions and Chinese Economic Development: A Comparative Historical Approach

Chinas rise as an economic power has posed challenging questions about its GDP growth, model superiority, and democracy. Institutions and Chinese Economic Development: A Comparative Historical Approach explores the historical relationship between institutions and economic development in China, comparing it to England, Japan, and other Asian economies. The analysis highlights the role of Chinese institutions and examines their effects on past and present economic achievements. The book is of interest to students and scholars of the Chinese economy, economic history, institutional economics, comparative history, and Chinese studies.

Format: Paperback / softback
Length: 206 pages
Publication date: 31 May 2023
Publisher: Taylor & Francis Ltd

Chinas rise as an economic power has sparked a series of intriguing questions. How did China achieve GDP growth that outpaced even the Four Asian Tigers? Is the Chinese model truly superior? Why has the rapid economic growth not led to democracy in the country, as many observers had expected? And can China sustain its rapid economic growth with its current social system?

To address these questions, Institutions and Chinese Economic Development: A Comparative Historical Approach takes a comprehensive look at the historical relationship between institutions and economic development in China. By comparing China with England, Japan, and other Asian economies, the book sheds light on the factors that have contributed to Chinas economic success and challenges.

The investigation focuses on several key junctures in Chinas economic development, including the divergence between China and the West, the externally-induced industrial development in the late 19th century, and the contemporary Chinese Miracle. Through a detailed analysis, the book highlights the role played by Chinese institutions and examines their effects on both Chinas past failures to industrialize and its recent economic achievements.

The book also raises important questions about the future of China. Without reform to the existing state institutions, can China continue to thrive in the global economy? Will it be subject to the same historical dynastic cycles that have plagued other nations in the past? These thought-provoking questions make Institutions and Chinese Economic Development: A Comparative Historical Approach an essential read for students and scholars of the Chinese economy, economic history, institutional economics, comparative history, and Chinese studies more broadly.

In conclusion, Chinas rise as an economic power has posed challenging questions that require careful examination. Institutions and Chinese Economic Development: A Comparative Historical Approach provides a valuable contribution to our understanding of Chinas economic development and its future prospects. By exploring the historical relationship between institutions and economic growth, the book offers insights into the factors that have contributed to Chinas success and challenges, and raises important questions about the countrys future trajectory.

Weight: 332g
Dimension: 233 x 157 x 15 (mm)
ISBN-13: 9781032063911