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Can I read How China Escaped the Poverty Trap (Cornell Studies in Political Economy) on EtoBox?
How China Escaped the Poverty Trap (Cornell Studies in Political Economy) by Yuen Yuen Ang is a nonfiction available to read on EtoBox.
What is How China Escaped the Poverty Trap (Cornell Studies in Political Economy) about?
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 lays out a new, dynamic framework for understanding development broadly. Successful development, she contends, is a coevolutionary process in which markets and governments mutually adapt. By mapping this coevolution, Ang reveals a startling conclusion: poor and weak countries can escape the poverty trap by first harnessing weak institutions―features that defy norms of good governance―to build markets. Further, she stresses that adaptive processes, though essential for development, do not automatically occur. Highlighting three universal roadblocks to adaptation, Ang identifies how Chinese reformers crafted enabling conditions for effective improvisation. __How China Escaped the Poverty Trap__ offers the most complete synthes
Who reads How China Escaped the Poverty Trap (Cornell Studies in Political Economy)?
It is typically read by self-directed learners exploring a subject in depth.
Common subject areas: history, science, philosophy, social sciences.
- Author
- Yuen Yuen Ang
- Publisher
- Cornell University Press
- Published
- 2016
- Language
- EN
- ISBN
- 9781501764561
- Category
- nonfiction
- Subjects
- Economics, Political Science, Business
- Rating
- 4.6 / 5 (81 ratings)
- Updated
- 2026-03-14
Other editions & translations
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