LEADER 04123nam 22005655 450 001 9910736022403321 005 20240923185243.0 010 $a9789811598890 010 $a9811598894 024 7 $a10.1007/978-981-15-9889-0 035 $a(CKB)4100000011610334 035 $a(MiAaPQ)EBC6408067 035 $a(DE-He213)978-981-15-9889-0 035 $a(Perlego)3480923 035 $a(EXLCZ)994100000011610334 100 $a20201124d2021 u| 0 101 0 $aeng 135 $aurnn|008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 14$aThe Butterfly Effect in China's Economic Growth $eFrom Socialist Penury Towards Marx's Progressive Capitalism /$fby Wei-Bin Zhang 205 $a1st ed. 2021. 210 1$aSingapore :$cSpringer Nature Singapore :$cImprint: Palgrave Macmillan,$d2021. 215 $a1 online resource (XVII, 213 p. 18 illus., 13 illus. in color.) 311 08$a9789811598883 311 08$a9811598886 327 $aChapter 1. Mao Zedong and the Preconditions for the Butterfly Effect -- Chapter 2. Deng Xiaoping Triggered off the Butterfly Effect -- Chapter 3. Confucius as Cultural Capital in Sustaining the Butterfly Effect -- Chapter 4. Spread Education and Devouring Global Knowledge -- Chapter 5. Economic Growth from Hunger with Animal Spirits -- Chapter 6 Uncertain China with Docilely Educated Population. 330 $aThis book examines the butterfly effect in China's modern economic development during the period of 1978-2018. In chaos theory, the butterfly effect refers to a phenomenon that a butterfly flaps its wings in Okinawa, and subsequently a storm may ravage New York. Deng applied a trivial idea, called the market mechanism, to China's countryside in 1978. The idea has subsequently caused economic structural changes and fast growth in the economy with the largest population in human history. China's per capita GDP jumped from $100 in 1978 to over US$8,000 in 2018. Eight hundred million people have made a great escape from poverty. By 2018, China was the world's second-largest economy from its 10th position in 1978 with its 9 per cent average annual growth rate of GDP in the previous four decades. This illuminating book will be of value to economists, scholars of China, and historians. Wei-Bin Zhang, Ph.D. (Umeå, Sweden),is Professor of Economics in Ritsumeikan Asia Pacific University (APU), Japan. He was graduated in 1982 from the Department of Geography, Beijing University, China. He completed graduate study at the Department of Civil Engineering, Kyoto University, Japan. After he completed his dissertation on economic growth theory, he researched at the Swedish Institute for Futures Studies in Stockholm for 10 years. During the Swedish period, he also worked as visiting scholars in USA, Japan, Mainland China, Austria, and Hong Kong. He taught at the Department of Economics, NUS, until May 2000, for one and half years, after he had been appointed as Tenured Professor at APU in 1998. His main research fields are nonlinear economic dynamics, growth theory, trade theory, East Asian economic development, and Confucianism. He has single-authorized about 360 academic articles (240 in peer-review international journals) and authorized 23 academic books in English by international publishing houses. Prof. Zhang is one of the editorial board members of 15 international journals. 606 $aEconomic development 606 $aDevelopment economics 606 $aEconomic history 606 $aEconomic Growth 606 $aDevelopment Economics 606 $aEconomic History 615 0$aEconomic development. 615 0$aDevelopment economics. 615 0$aEconomic history. 615 14$aEconomic Growth. 615 24$aDevelopment Economics. 615 24$aEconomic History. 676 $a338.951 700 $aZhang$b Wei-Bin$f1961-$0265725 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910736022403321 996 $aThe butterfly effect in China's economic growth$93421562 997 $aUNINA