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Exploring China's Consumer Revolution Over The Past Three Decades, This Book Shows A Continuing Cycle Leading To Excess Supply And Disappointing Demand, At The Centre Of Which Lies Exaggerated Expectations Of China's New Consumers.combining Economic Trends With The Author's Anthropological Background, China's New Consumers Details The Livelihoods And Lifestyles Of China's New And Evolving Social Categories Who, Divided By Wealth, Location And Generation, Have Both Benefited From And Been Disadvantaged By The Past Two Decades Of Reform And Rapid Economic Growth.
This book investigates the paradox of China's consumer revolution, questioning why rapid economic growth has consistently failed to generate the expected levels of domestic demand. Elisabeth Croll, an anthropologist with extensive expertise in Chinese social development, utilizes a multidisciplinary approach to analyze the intersection of economic policy and social stratification. She argues that the cycle of excess supply and weak demand is rooted in the complex, fragmented nature of China's evolving social classes, which are deeply divided by geography, wealth, and generational status.
What You Will Find
Experts recognize this work as a significant contribution to understanding the social constraints on China's economic transition. Readers frequently note the author's ability to bridge the gap between high-level economic theory and the lived realities of diverse Chinese social groups.
Page Count:
368
Publication Date:
2006-01-01
Publisher:
Taylor & Francis Group
ISBN-10:
0203967054
ISBN-13:
9780203967058
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