Synopses & Reviews
This is a study of the long-run evolution of the relationship between China and the world economy. The book presents an original interpretation of the country's socio-economic processes in the past 150 years, focusing on China's interaction with the expanding capitalist world economy. The author argues that the general thrust of China's quest for development or modernization has been to catch up with the wealthy nations of the West, and goes on to explain the changing paths and outcomes.
Review
This account helps readers better understand China's approach to the world economy.
Choice
Synopsis
This is a study of the long-run evolution of the relationship between China and the world economy.
Description
Includes bibliographical references (p. 193-214) and index.
About the Author
Lu Aiguo is Research Fellow at the Institute of World Economies and Politics, Chinese Academy of Social Science, Beijing.
Table of Contents
Introduction: A Framework for Analysis *
Westernization (1840-1949) * The Westernization Movement * Foreign Trade * The Dual Structure of the Economy * Falling Behind: The Lessons *
Delinking and Self-Reliance (1948-78) * The Formation of a Strategy for Catching Up * Industrialization * Trade and Trade Performance * Outcome: A Mixed Package *
Reintegration (1978 and Beyond) * A Different Game * Economic Restructuring * The State * The Overseas Chinese Capitalist Diaspora * Catching Up?