This book offers a thoughtful guide to how China has evolved from a centrally planned economy towards state-guided growth with a socialist tendency that makes highly effective use of markets. It will be relevant to students and researchers interested in the political economy and the role of China within the global economy.
With a foreword by James Galbraith.
Wolfram Elsner is a retired Professor of Economics at the University of Bremen, Germany, and a Guest Professor at the School of Economics, Jilin University, China.
Elyar Najmehchi holds an MA in Economy and Society of East Asia from the University of Vienna, Austria.