China At The Crossroads

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Nolan, Peter

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ISBN:9780745632391
Editorial: Polity Press
Fecha de la edición:2004
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Dimensiones: 0 cm x 0 cm
Nº Pág.:216
Idiomas:Ingles,Inglés

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/ Estructura Económica

The author of this title argues that China is at a crossroads in its development. It faces a series of complex problems, most of which are the consequence of its rapid growth since the process of "reform and opening up" began in the late 1970s. The way in which it responds to these will determine the pattern of development of the country for a long period ahead. Nolan explores the possibilities for China to build a civilized, socially cohesive society over the next few decades, during what is still the early phase of China's industrialization. Among the challenges facing the leadership are issues of poverty and inequality, the global business revolution, the environment, the capability and role of the state, international relations, the Communist Party and the economy. Nolan shows that there are several paths that China could take in the coming decades, but he argues that the country has historically developed its own "Third Way" between state and market and that this is the only rational solution to the challenges it faces. By making a success of this endeavour, China can contribute enormously to the future direction of the global political economy, offering an alternative to US-dominated free market fundamentalism.