UID:
almafu_9960117982702883
Format:
1 online resource (xxviii, 275 pages) :
,
digital, PDF file(s).
ISBN:
1-108-38618-0
,
1-108-38978-3
,
1-108-36840-9
Content:
China's Crisis of Success provides new perspectives on China's rise to superpower status, showing that China has reached a threshold where success has eliminated the conditions that enabled miraculous growth. Continued success requires re-invention of its economy and politics. The old economic strategy based on exports and infrastructure now piles up debt without producing sustainable economic growth, and Chinese society now resists the disruptive change that enabled earlier reforms. While China's leadership has produced a strategy for successful economic transition, it is struggling to manage the politics of implementing that strategy. After analysing the economics of growth, William H. Overholt explores critical social issues of the transition, notably inequality, corruption, environmental degradation, and globalisation. He argues that Xi Jinping is pursuing the riskiest political strategy of any important national leader. Alternative outcomes include continued impressive growth and political stability, Japanese-style stagnation, and a major political-economic crisis.
Note:
Title from publisher's bibliographic system (viewed on 05 Jan 2018).
,
Cover -- Half-title -- Title page -- Copyright information -- Epigraph -- Table of contents -- Foreword -- Acknowledgments -- Introduction -- 1 China Model/Asia Model -- Fear and Simplicity -- Shared Identity -- Emulation and Limits -- A Mobilization System -- Priority for Economics -- Economics over Geopolitical/Military Goals -- Economics over Politics -- Second-Order Consequences -- Priorities within Economics -- Strategies of Economic Development -- The Vital Role of Policies -- Political Reform -- Distinctive Aspects of the China Model -- Risks of the Asia Model -- The Inexorable Crisis -- Geopolitics of the China Model -- 2 The Economic Crisis of Success -- Recent History -- The Crisis of Success -- The Plan -- The Transition -- From Exports and Investment to Domestic Consumption -- Upgrading Manufacturing -- From Manufacturing to Services -- From Engineering to Markets -- From Property-Based Finance to Credit-Based Finance -- From Simple Priorities to Complex Ones -- Financial Squeeze -- Demography -- Industrial Structure -- Entrepreneurship and Innovation -- Entrepreneurship -- Innovation -- Currency -- Overview -- 3 Critical Social Issues of the Transition: Inequality, Corruption, Environment, Globalization -- Inclusiveness and Inequality -- Inclusiveness -- Inequality -- Regional Disparities -- Rural-Urban and Resident-Migrant Disparities -- The Role of Women -- General Income and Wealth Inequality -- Corruption and the Anti-Corruption Campaign -- Prospects -- Environment -- Globalization -- Overview -- 4 China's Governance Crisis of Success -- Some Historical Background -- Stability through Incrementalism -- The GE Model: Institutionalizing the Obsession with Economic Growth -- Field Testing New Ideas -- Problems within the GE Model -- Is the GE Model Completely Wrong? -- Views of the China Model -- The Democratic Alternative.
,
The Lessons -- 5 China's Political Economy under Xi Jinping -- Political Restructuring for the New Challenges -- The New Political and Economic Context -- The Emergence of Powerful New Social Forces -- Moral Vacuum and Religion -- Private Business -- Legal System and Demonstrations -- Labor -- Education -- Journalism and the Media -- Government Interest Groups -- The Turning Point -- Asian Miracle Responses to the New Era -- China's Complexity Revolution and the New Repression -- The Ten Great Paradoxes -- The Two Dynamics -- The Transformation of the Party's Role -- The Reality of Change -- Overview -- 6 What Will Happen? -- Consolidation First Term, Economic Reform Second Term, Political Reform Later -- Reform Failure/Japan Scenario -- Leadership Fracture -- Gradual Democratization, Likely a Variant of the Japan Political Model -- Index.
Additional Edition:
ISBN 1-108-42169-5
Additional Edition:
ISBN 1-108-43199-2
Language:
English
URL:
Volltext
(lizenzpflichtig)
