Managed Chaos: The Fragility of the Chinese Miracle (Hardback)Prem Shankar Jha (author)
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The defining features of this book are:
- Armed with an original application of Michal Kalecki's theory of intermediate regimes, it provides an explanation of China's explosive growth.
- It indicates the formation of a new stratum, through winding up of centralised planning, the stratum of 'proto-bourgeoisie', consisting of the local cadres of the communist party, who can counter the central cadres for capturing investible resources of the state.
- It creates a single politic-economic model that explains China's economic and political development. The causal connections in the model make it possible to predict China's future, and the challenges it faces.
This book makes a significant contribution to the literature on Chinese political economy over the past three decades. It is a must read for all discerning and informed readers. It will also be valuable for policy makers and students and researchers working in the areas of international relations, Chinese studies and political economy.
Publisher: SAGE Publications India Pvt Ltd
Number of pages: 200
Weight: 350 g
Dimensions: 215 x 139 x 15 mm
[The author] has written this book to convey the reader how the Chinese state functions. For this, he has widened the scope of enquiry to include the interaction of China's economic system with its political system, and made a fairly good job of explaining the past pattern of its development.... Jha has blended the story quite skillfully and it will be worthwhile for one to fully read this book.-- Business India
The incisive analysis of the vulnerabilities of the Chinese economy presented in this book is supported by a mass of statistics and data. Jha's research is thorough and derives from Western and Chinese studies. Managing Chaos is a serious work. The book is essential reading for those trying to understand the Chinese economic miracle.-- IDSA
The book gives a balanced view of China's politi cal economy and is highly recommended for China watchers.-- Freedom First
I would definitely recommend that you pick up a copy of Jha's book. Brilliantly researched, it delves deep into both: the country's economic narrative that helped China sustain a near 10 percent growth rate for more than three decades and the political narrative that China is an increasingly fragile state that remains wrapped in what economists say is nothing but an incomplete transition from a totalitarian to a democratic market economy.-- Tehelka
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