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Hardcover Capitalism from Below: Markets and Institutional Change in China Book

ISBN: 0674050207

ISBN13: 9780674050204

Capitalism from Below: Markets and Institutional Change in China

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More than 630 million Chinese have escaped poverty since the 1980s, reducing the fraction remaining from 82 to 10 percent of the population. This astonishing decline in poverty, the largest in history, coincided with the rapid growth of a private enterprise economy. Yet private enterprise in China emerged in spite of impediments set up by the Chinese government. How did private enterprise overcome these initial obstacles to become the engine of...

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