04471nam 2200685 450 991046598660332120200520144314.01-5017-0640-31-5017-0585-710.7591/9781501705854(CKB)3710000000829435(MiAaPQ)EBC4648037(OCoLC)956738064(MdBmJHUP)muse53800(DE-B1597)496441(DE-B1597)9781501705854(Au-PeEL)EBL4648037(CaPaEBR)ebr11249222(CaONFJC)MIL951861(EXLCZ)99371000000082943520160905h20162016 uy 0engurcnu||||||||rdacontentrdamediardacarrierHow China escaped the poverty trap /Yuen Yuen AngIthaca, [New York] ;London, [England] :Cornell University Press,2016.©20161 online resource (165 pages) illustrations, tablesCornell Studies in Political Economy1-5017-0020-0 Includes bibliographical references and index.Frontmatter -- Contents -- Figures and Tables -- Preface -- Acknowledgments -- Introduction: HOW DID DEVELOPMENT ACTUALLY HAPPEN? -- Part 1. FRAMEWORK AND BUILDING BLOCKS -- 1 MAPPING COEVOLUTION -- 2 DIRECTED IMPROVISATION -- Part 2. DIRECTION -- 3 BALANCING VARIETY AND UNIFORMITY -- 4 FRANCHISING THE BUREAUCRACY -- Part 3. IMPROVISATION -- 5 FROM BUILDING TO PRESERVING MARKETS -- 6 CONNECTING FIRST MOVERS AND LAGGARDS -- Conclusion: HOW DEVELOPMENT ACTUALLY HAPPENED BEYOND CHINA -- Appendix A: STEPS FOR MAPPING COEVOLUTION -- Appendix B: INTERVIEWS -- Notes -- References -- IndexBefore markets opened in 1978, China was an impoverished planned economy governed by a Maoist bureaucracy. In just three decades it evolved into the world's second-largest economy and is today guided by highly entrepreneurial bureaucrats. In How China Escaped the Poverty Trap, Yuen Yuen Ang explains this astonishing metamorphosis. Rather than insist that either strong institutions of good governance foster markets or that growth enables good governance, Ang lays out a new, dynamic framework for understanding development broadly. Successful development, she contends, is a coevolutionary process in which markets and governments mutually adapt.By mapping this coevolution, Ang reveals a startling conclusion: poor and weak countries can escape the poverty trap by first harnessing weak institutions-features that defy norms of good governance-to build markets. Further, she stresses that adaptive processes, though essential for development, do not automatically occur. Highlighting three universal roadblocks to adaptation, Ang identifies how Chinese reformers crafted enabling conditions for effective improvisation. How China Escaped the Poverty Trap offers the most complete synthesis to date of the numerous interacting forces that have shaped China's dramatic makeover and the problems it faces today. Looking beyond China, Ang also traces the coevolutionary sequence of development in late medieval Europe, antebellum United States, and contemporary Nigeria, and finds surprising parallels among these otherwise disparate cases. Indispensable to all who care about development, this groundbreaking book challenges the convention of linear thinking and points to an alternative path out of poverty traps.Cornell studies in political economy.Economic developmentChinaEconomic developmentDeveloping countriesPovertyChinaPovertyDeveloping countriesChinaEconomic conditions1976-2000ChinaEconomic conditions2000-ChinaEconomic policy1976-2000ChinaEconomic policy2000-Developing countriesSocial policyDeveloping countriesEconomic policyElectronic books.Economic developmentEconomic developmentPovertyPoverty338.951Ang Yuen Yuen1033047MiAaPQMiAaPQMiAaPQBOOK9910465986603321How China escaped the poverty trap2451287UNINA