China’s Transformation

The Success Story and the Success Trap

Business & Finance, Economics, Economic Development
Cover of the book China’s Transformation by Manoranjan Mohanty, SAGE Publications
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Author: Manoranjan Mohanty ISBN: 9789386602855
Publisher: SAGE Publications Publication: October 30, 2017
Imprint: Sage Publications Pvt. Ltd Language: English
Author: Manoranjan Mohanty
ISBN: 9789386602855
Publisher: SAGE Publications
Publication: October 30, 2017
Imprint: Sage Publications Pvt. Ltd
Language: English

The book provides insights into the economic and social transformation that China has undergone from 1979 to the present.

Based on the author’s research in China for over three decades, China’s Transformation: The Success Story and the Success Trap shows how its ‘reform and open door’ policy evolved and helped achieve tremendous economic success. However, it also generated serious social and environmental problems. The book presents that the consequences of this success story of growth are so strong that it has been difficult for China to change its main development path to achieve a desirable level of equity and sustainability. The author describes this as the ‘success trap’ that China is currently grappling with.

The author argues that China’s reform path is grounded in the premises of the European Industrial Revolution backed by strong sociopolitical forces at home, indicating that a major change in the development path is unlikely. However, all indications point to a strong and prosperous China as a rising world power in the coming decades, trying to cope with the sociopolitical problems in its own way.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The book provides insights into the economic and social transformation that China has undergone from 1979 to the present.

Based on the author’s research in China for over three decades, China’s Transformation: The Success Story and the Success Trap shows how its ‘reform and open door’ policy evolved and helped achieve tremendous economic success. However, it also generated serious social and environmental problems. The book presents that the consequences of this success story of growth are so strong that it has been difficult for China to change its main development path to achieve a desirable level of equity and sustainability. The author describes this as the ‘success trap’ that China is currently grappling with.

The author argues that China’s reform path is grounded in the premises of the European Industrial Revolution backed by strong sociopolitical forces at home, indicating that a major change in the development path is unlikely. However, all indications point to a strong and prosperous China as a rising world power in the coming decades, trying to cope with the sociopolitical problems in its own way.

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