Old China's New Economy: The Conquest by a Billion Paupers
Publisher: Sage Publications Pvt. Ltd | ISBN: 8178298627 | edition 2009 | PDF | 328 pages | 1,2 mb
Publisher: Sage Publications Pvt. Ltd | ISBN: 8178298627 | edition 2009 | PDF | 328 pages | 1,2 mb
A new China was born in 1949. After thousands of years of feudalism, in six decades the economy has undergone a change from Mao (read socialist economy) to market (socialist market economy). Old China's New Economy: The Conquest of a Billion Paupers, presents a comprehensive analysis of the rise and growth of the Chinese economy since the beginning of the country's transition to a socialist market economy, highlighting the critical role of two major change agents- the government and the people. While the credit goes to the former for successful transition to a high growth economy, there is an equally important role played by the latter, the Chinese people, as displayed in their hard work, tenacity and struggle for a better standard of living.














