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How China Escaped the Poverty Trap by Yuen Yuen Ang
How China Escaped the Poverty Trap by Yuen Yuen Ang









How China Escaped the Poverty Trap by Yuen Yuen Ang

Tsai, Hong Kong University of Science & Technology and Johns Hopkins University, author of Capitalism without Democracy: This innovative and sophisticated book is an outstanding contribution not only to the study of Chinese economic development but also to the long-running debate on the role of institutions in economic development." In this book, instead of asking the usual question-How has China developed despite having low-quality institutions?-Yuen Yuen Ang asks how China has used those institutions to kick-start economic development, which then set off a mutually reinforcing cycle between institutional development and economic development. "Sometimes the best way to answer a difficult question is to ask a different question. Ha-Joon Chang, University of Cambridge, author of Kicking Away the Ladder and Economics: Theoretically, her systematic engagement with diverse literatures circumvents disagreement over which came first, democracy or development, to make a field-shifting move to non-linear complex processes." "Ang's project contributes to multiple debates, including but not limited to China. "Ang's book contains a very compelling account of how the Chinese bureaucracy has evolved in ways that promote growth during the past thirty-five years."

How China Escaped the Poverty Trap by Yuen Yuen Ang

Its lessons apply far beyond China’s borders."ĭaniel Berkowitz, University of Pittsburgh: "This book is a triumph, opening a window onto the political economy of China’s astonishing rise that takes as its starting point systems and complexity.











How China Escaped the Poverty Trap by Yuen Yuen Ang