How China Avoided a Soviet-Style Collapse
What have three decades of market reforms meant for the world’s largest working class?
The single most stunning economic story of the last half-century has been the rise of China. Its state-led development has unleashed an explosive economic expansion unprecedented in modern history. But the astonishing growth record is far from a triumph of the free market. In How China Escaped Shock Therapy, Isabella Weber, an economist at the […]