Advanced Search Request a Book

ORDERS

Readings Orders 0

DEMANDS

Readings Demands 0

How China Escaped the Poverty Trap (Cornell Studies In Political Economy)
[Paperback - 2022]
yuen yuen ang
Out of Stock
Availability in 6-8 weeks on receipt of order
List Price: $24.95
Our Price: Rs.8095 Rs.7285
Standard Discount: 10%
You Save: Rs.810
Category: Business
Sub-category: Economics
Additional Category: Chinese & Far Eastern History
Publisher: Cornell University Press Usa | ISBN: 9781501764561 | Pages: 344
Shipping Weight: | Dimensions:
Notify

Description

Acclaimed as "game changing" and "field shifting," How China Escaped the Poverty Trap advances a new paradigm in the political economy of development and sheds new light on China s rise. How can poor and weak societies escape poverty traps? Political economists have traditionally offered three answers: "stimulate growth first," "build good institutions first," or "some fortunate nations inherited good institutions that led to growth." Yuen Yuen Ang rejects all three schools of thought and their underlying assumptions: linear causation, a mechanistic worldview, and historical determinism. Instead, she launches a new paradigm grounded in complex adaptive systems, which embraces the reality of interdependence and humanity s capacity to innovate. Combining this original lens with more than 400 interviews with Chinese bureaucrats and entrepreneurs, Ang systematically reenacts the complex process that turned China from a communist backwater into a global juggernaut in just 35 years. Contrary to popular misconceptions, she shows that what drove China s great transformation was not centralized authoritarian control, but "directed improvisation"?top-down directions from Beijing paired with bottom-up improvisation among local officials. Her analysis reveals two broad lessons on development. First, transformative change requires an adaptive governing system that empowers ground-level actors to create new solutions for evolving problems. Second, the first step out of the poverty trap is to "use what you have"?harnessing existing resources to kick-start new markets, even if that means defying first-world norms. Bold and meticulously researched, How China Escaped the Poverty Trap opens up a whole new avenue of thinking for scholars, practitioners, and anyone seeking to build adaptive systems.

About the Author

Yuen Yuen Ang is an Andrew Carnegie Fellow and the inaugural recipient of the Theda Skocpol Prize for Emerging Scholar, awarded by the American Political Science Association.

Bestsellers in Business

View All
The Lean Startup
[Paperback - 2011]
eric ries
Out of Stock
Availability in 6-8 weeks on receipt of order
List Price: £14.99
Our Price: Rs.2995 Rs.2695
Standard Discount: 10%
You Save: Rs.300
Who Moved My Cheese? An Amazing Way To Deal With Change In Your Work And In Your Life
[Paperback - 1999]
dr spencer johnson
In Stock
List Price: £8.99
Our Price: Rs.1295 Rs.1165
Standard Discount: 10%
You Save: Rs.130
Principles: Life And Work
[Hardback - 2017]
ray dalio
In Stock
List Price: £30
Our Price: Rs.7395 Rs.6655
Standard Discount: 10%
You Save: Rs.740
Tools Of Titans: The Tactics, Routines And Habits Of Billionaires, Icons And World-Class Performers
[Paperback - 2016]
timothy ferriss
In Stock
List Price: £25
Our Price: Rs.3395 Rs.3055
Standard Discount: 10%
You Save: Rs.340
Linchpin: Are You Indispensable? How To Drive Your Career And Create A Remarkable Future
[Paperback - 2018]
seth godin
Out of Stock
Availability in 6-8 weeks on receipt of order
List Price: £9.99
Our Price: Rs.2295 Rs.2065
Standard Discount: 10%
You Save: Rs.230
Atomic Habits: An Easy And Proven Way To Build Good Habits And Break Bad Ones
[Paperback - 2018]
james clear
In Stock
List Price: £17.99
Our Price: Rs.4045 Rs.3640
Standard Discount: 10%
You Save: Rs.405
The Laws Of Human Nature
[Paperback - 2019]
robert greene
In Stock
List Price: $25
Our Price: Rs.3995 Rs.3595
Standard Discount: 10%
You Save: Rs.400
The Wealth Of Nations
[Paperback - 2003]
adam smith
Out of Stock
Availability in 6-8 weeks on receipt of order
List Price: $9.99
Our Price: Rs.2045 Rs.1840
Standard Discount: 10%
You Save: Rs.205
Freakonomics: A Rogue Economist Explores The Hidden Side Of Everything
[Paperback - 2009]
steven d. levitt
Out of Stock
Availability in 6-8 weeks on receipt of order
List Price: £5.99
Our Price: Rs.1445 Rs.1300
Standard Discount: 10%
You Save: Rs.145
Rich Dad Poor Dad
[Paperback - 2017]
robert t. kiyosaki
In Stock
List Price: $8.99
Our Price: Rs.2295
Chip War: The Fight For The World's Most Critical Technology
[Paperback - 2022]
chris miller
On Demand
Availability in 6-8 weeks on receipt of order
List Price: £14.99
Our Price: Rs.4195 Rs.3566
Standard Discount: 15%
You Save: Rs.629
The World For Sale: Money, Power And The Traders Who Barter The Earth's Resources
[Paperback - 2022]
javier blas
In Stock
List Price: £10.99
Our Price: Rs.2545 Rs.2290
Standard Discount: 10%
You Save: Rs.255