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China's Rise Is Altering Global Power Relations, Reshaping Economic Debates, And Commanding Tremendous Public Attention. Despite Extensive Media And Academic Scrutiny, The Conventional Wisdom About China's Economy Is Often Wrong. Cracking The China Conundrum Provides A Holistic And Contrarian View Of China's Major Economic, Political, And Foreign Policy Issues. Yukon Huang Trenchantly Addresses Widely Accepted Yet Misguided Views In The Analysis Of China's Economy. He Examines Arguments About The Causes And Effects Of China's Possible Debt And Property Market Bubbles, Trade And Investment Relations With The Western World, The Links Between Corruption And Political Liberalization In A Growing Economy And Beijing's More Assertive Foreign Policies. Huang Explains That Such Misconceptions Arise In Part Because China's Economic System Is Unprecedented In Many Ways-namely Because It's Driven By Both The Market And State- Which Complicates The Task Of Designing Accurate And Adaptable Analysis And Research. Further, China's Size, Regional Diversity, And Uniquely Decentralized Administrative System Poses Difficulties For Making Generalizations And Comparisons From Micro To Macro Levels When Trying To Interpret China's Economic State Accurately. This Book Not Only Interprets The Ideologies That Experts Continue Building Misguided Theories Upon, But Also Examines The Contributing Factors To This Puzzle. Cracking The China Conundrum Provides An Enlightening And Corrective Viewpoint On Several Major Economic And Political Foreign Policy Concerns Currently Shaping China's Economic Environment.
This book investigates why conventional economic analysis frequently misinterprets China's unique state-market hybrid system and its global implications. Yukon Huang, a former World Bank official, utilizes his extensive experience in development economics to challenge prevailing narratives regarding China's debt, trade relations, and political structure. He argues that the country's decentralized administrative system and rapid growth patterns render traditional Western economic models insufficient for accurate forecasting or policy assessment.
What You Will Find
Scope Limits
Experts and policy analysts frequently cite this work as a necessary corrective to standard Western-centric economic interpretations of the Chinese state. Readers often note the analytical rigor of the prose, which serves as a foundational text for those seeking to understand the complexities of China's economic governance.
Page Count:
256
Publication Date:
2017-01-01
Publisher:
Oxford University Press
ISBN-10:
0190630043
ISBN-13:
9780190630041
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