Explores the relationship between the Chinese peasantry, who are the fundamental base of support for the revolutionary Chinese Communist Party, and the state-led economic system established by the Party after 1949.
This study focuses on the China's leadership's attempt to improve economic efficiency by decentralizing economic management without encouraging, as a consequence, increased economic inequality among different regions.
China's accession to the World Trade Organization (WTO) has been hailed as the biggest coming-out party in the history of capitalism. Its membership eventually will contribute to higher standards of living for its citizens and increased growth for its economy.
This work argues that the common view that China's gradualistic approach has served it well overlooks the fact that state-owned banks for the last two decades... Læs mere