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By : Nicholas R. Lardy

 

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Book Synopsis :

China's extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions of an inevitable slowdown. In The State Strikes Back: The End of Economic Reform in China?, the renowned China scholar Nicholas R. Lardy argues that China's future growth prospects could be equally bright but are shadowed by the specter of resurgent state dominance, which has begun to diminish the vital role of the market and private firms in China's economy.Lardy's book is a timely sequel to his path-breaking Markets Over Mao: The Rise of Private Business in China (Peterson Institute for International Economics, 2014). This book mobilizes new data to trace how President Xi Jinping has consistently championed state-owned or controlled enterprises, encouraging local political leaders and financial institutions to prop up ailing, underperforming companies that are a drag on China's potential. As with his previous book, Lardy's .

 

Book Detail :

Tittle : The State Strikes Back: The End of Economic Reform in China?

Author : Nicholas R. Lardy

Pages : 200 pages

Publisher : Peterson Institute for International Economics

Language :

ISBN-10 : 9780881327373

ISBN-13 : 9780881327373

 

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