Chinese Classic Economics

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Chinese Classic Economics

Author : Zhong Yongsheng
Publisher : Paths International Ltd
ISBN 13 : 1844644677
Total Pages : 520 pages
Book Rating : 4.8/5 (446 download)

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Book Synopsis Chinese Classic Economics by : Zhong Yongsheng

Download or read book Chinese Classic Economics written by Zhong Yongsheng and published by Paths International Ltd. This book was released on 2016-07-31 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern economics come from western countries. They are the mirrors of the economic conditions of these countries and the way they talk about economic phenomena is under the logic of western philosophy. But in fact, as a culture of long history, China has its own "e;classic economics"e;, though it hides behind modern context. The author re-discovers the Chinese classic economics from scriptures and historical records. This book not only contains the academic explanation of a long forgotten economic theory system but also offers us a new prospect to understand the modern world.This area this book covers is unique and totally new. People always consider economics is rather young. But in fact, economic thoughts, which influenced by many different aspects, exist for a long time. This book tries to re-discover the long hidden economic thoughts in ancient Chinese culture. It provides us a new way to understand the model and the unique patterns of modern China's economic behavior.Whenever we refer to economics, whether economics of Adam Smith, Keynes or even Karl Marx, we are always referring to something "e;western"e;. There are few books talking about the economic thoughts in ancient China. This book has few competitors. It will appeal to a worldwide audience of students and scholars of economics.This area this book covers is unique and totally new. People always consider economics is rather young. But in fact, economic thoughts, which influenced by many different aspects, exist for a long time. This book tries to re-discover the long hidden economic thoughts in ancient Chinese culture. It provides us a new way to understand the model and the unique patterns of modern China's economic behavior.Whenever we refer to economics, whether economics of Adam Smith, Keynes or even Karl Marx, we are always referring to something "e;western"e;. There are few books talking about the economic thoughts in ancient China. This book has few competitors. It will appeal to a worldwide audience of students and scholars of economics.

The History of Ancient Chinese Economic Thought

Author : Taylor & Francis Group
Publisher : Routledge
ISBN 13 : 9781032099019
Total Pages : 246 pages
Book Rating : 4.0/5 (99 download)

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Book Synopsis The History of Ancient Chinese Economic Thought by : Taylor & Francis Group

Download or read book The History of Ancient Chinese Economic Thought written by Taylor & Francis Group and published by Routledge. This book was released on 2021-06-30 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume comprises twelve papers written by Chinese scholars on various aspects of the history of ancient Chinese economic thought. The contributions are preceded by an introduction which gives an overview of the development of the subject of history of economic thought in China, and which also provides an historical context to the individuals who constitute the major "schools" of ancient Chinese economic thought. The authors of the papers are leading scholars who have dominated this research area since the founding of New China in 1949, while the broad range of topics covered by the contributions includes questions of methodology, detailed and sometimes controversial interpretations of texts and "schools", and the international influence and modern relevance of ancient Chinese thought. A recurrent theme is that ancient Chinese thought has at least as much to offer to the historian as ancient Western thought. As the first such volume of papers to be translated into English, this collection provides a unique opportunity for non-Chinese readers to sample the way in which Chinese historians of economics have attempted to understand their own intellectual heritage. This book will be relevant to scholars interested in the history of economic thought, economic history and Chinese studies.

Chinese History in Economic Perspective

Author : Thomas G. Rawski
Publisher : University of California Press
ISBN 13 : 0520301889
Total Pages : 382 pages
Book Rating : 4.5/5 (23 download)

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Book Synopsis Chinese History in Economic Perspective by : Thomas G. Rawski

Download or read book Chinese History in Economic Perspective written by Thomas G. Rawski and published by University of California Press. This book was released on 2018-05-18 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume marks a turning point in the study of Chinese economic history. It arose from a realization that the economic history of China—as opposed to the history of the Chinese economy—had yet to be written. Most histories of the Chinese economy, whether by Western or Chinese scholars, tend to view the economy in institutional or social terms. In contrast, the studies in this volume break new ground by systematically applying economic theory and methods to the study of China. While demonstrating to historians the advantages of an economic perspective, the contributors, comprising both historians and economists, offer important new insights concerning issues of long-standing interest to both disciplines. Part One, on price behavior, presents for the first time preliminary analyses of the incomparably rich and important grain price data from the imperial archives in Beijing and Taibei during the Qing Dynasty (1644–1911). These studies reveal long-term trends in the Chinese economy since the seventeenth century and contain surprising discoveries about market integration, the agricultural economy, and demographic behavior in different regions of China. The essays in Part Two, on market response, deal with different aspects of the economy of Republican China (1912–49), showing that markets for land, labor, and capital sometimes functioned as predicted by models of economic "rationality" but at other times behaved in ways that can be explained only by combining economic analysis with knowledge of political, regional, class, and gender differences. Based on new types of data, they suggest novel interpretations of the Chinese economic experience. The resulting collection is interdisciplinary scholarship of a high order, which weaves together the analytic framework provided by economic theory and the rich texture of social phenomena gathered by accomplished historians. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1992.

China's Destiny

Author : Kai-shek Chiang
Publisher :
ISBN 13 :
Total Pages : 280 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis China's Destiny by : Kai-shek Chiang

Download or read book China's Destiny written by Kai-shek Chiang and published by . This book was released on 1947 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:

How China Escaped Shock Therapy

Author : Isabella M. Weber
Publisher : Routledge
ISBN 13 : 042995395X
Total Pages : 256 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis How China Escaped Shock Therapy by : Isabella M. Weber

Download or read book How China Escaped Shock Therapy written by Isabella M. Weber and published by Routledge. This book was released on 2021-05-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.

The History of Ancient Chinese Economic Thought

Author : Cheng Lin
Publisher : Routledge
ISBN 13 : 1317811798
Total Pages : 260 pages
Book Rating : 4.3/5 (178 download)

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Book Synopsis The History of Ancient Chinese Economic Thought by : Cheng Lin

Download or read book The History of Ancient Chinese Economic Thought written by Cheng Lin and published by Routledge. This book was released on 2014-04-24 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume comprises twelve papers written by Chinese scholars on various aspects of the history of ancient Chinese economic thought. The contributions are preceded by an introduction which gives an overview of the development of the subject of history of economic thought in China, and which also provides an historical context to the individuals who constitute the major "schools" of ancient Chinese economic thought. The authors of the papers are leading scholars who have dominated this research area since the founding of New China in 1949, while the broad range of topics covered by the contributions includes questions of methodology, detailed and sometimes controversial interpretations of texts and "schools", and the international influence and modern relevance of ancient Chinese thought. A recurrent theme is that ancient Chinese thought has at least as much to offer to the historian as ancient Western thought. As the first such volume of papers to be translated into English, this collection provides a unique opportunity for non-Chinese readers to sample the way in which Chinese historians of economics have attempted to understand their own intellectual heritage. This book will be relevant to scholars interested in the history of economic thought, economic history and Chinese studies.

China's Economy

Author : Arthur R. Kroeber
Publisher : Oxford University Press
ISBN 13 : 0190946490
Total Pages : 320 pages
Book Rating : 4.1/5 (99 download)

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Book Synopsis China's Economy by : Arthur R. Kroeber

Download or read book China's Economy written by Arthur R. Kroeber and published by Oxford University Press. This book was released on 2020-06-05 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's economic growth has been revolutionary, and is the foundation of its increasingly prominent role in world affairs. It is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half the world's steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America. Multinational companies make billions of dollars in profits in China each year, while traders around the world shudder at every gyration of the country's unruly stock markets. Perhaps paradoxically, its capitalist economy is governed by an authoritarian Communist Party that shows no sign of loosening its grip. China is frequently in the news, whether because of trade disputes, the challenges of its Belt and Road initiative for global infrastructure, or its increasing military strength. China's political and technological challenges, created by a country whose political system and values differ dramatically from most of the other major world economies, creates uncertainty and even fear. China's Economy: What Everyone Needs to Know® is a concise introduction to the most astonishing economic and political story of the last three decades. Arthur Kroeber enhances our understanding of China's changes and their implications. Among the essential questions he answers are: How did China grow so fast for so long? Can it keep growing and still solve its problems of environmental damage, fast-rising debt and rampant corruption? How long can its vibrant economy co-exist with the repressive one-party state? How do China's changes affect the rest of the world? This thoroughly revised and updated second edition includes a comprehensive discussion of the origins and development of the US-China strategic rivalry, including Trump's trade war and the race for technological supremacy. It also explores the recent changes in China's political system, reflecting Xi Jinping's emergence as the most powerful leader since Mao Zedong. It includes insights on changes in China's financial sector, covering the rise and fall of the shadow banking sector, and China's increasing integration with global financial markets. And it covers China's rapid technological development and the rise of its global Internet champions such as Alibaba and Tencent.

Thoughts on Economic Development in China

Author : Ma Ying
Publisher : Routledge
ISBN 13 : 0415684277
Total Pages : 354 pages
Book Rating : 4.4/5 (156 download)

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Book Synopsis Thoughts on Economic Development in China by : Ma Ying

Download or read book Thoughts on Economic Development in China written by Ma Ying and published by Routledge. This book was released on 2013 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about mutual influences of thinking about economic development in China and in the West, from the 18th century until the present. Its chapters are contributed by development economists and historians of thought from China and other parts of the world. The book describes important stages in the evolution, cross-fertilization and contextual modification of ideas about economic order, development and institutional change. It illustrates how Western concepts and theories have been adopted and adapted to Chinese conditions in different waves of modernization from the late 19th century until the present and that this was and is no one-way traffic. The book describes how pre-classical thinking in the West, in particular French Physiocracy in mid-18th century, was influenced by China as an ideal and a source of ideas, at a time when China was the largest and most advanced economy in the world. It discusses to what extent concepts of Western-style economics, in particular in the fields of development economics and institutional economics, can be used to understand the rapid transitions and developments of the Chinese economy in recent decades, and to what extent they might need to be modified in the light of new experiences and insights. Against this background, several contributions to the volume provide assessments of the current state of economic science and teaching in China, in particular with regard to Chinese views on Western economics. The book should be of interest to those who are interested in economic development and the history of economics in China.

Before and Beyond Divergence

Author : Jean-Laurent Rosenthal
Publisher : Harvard University Press
ISBN 13 : 0674266846
Total Pages : 291 pages
Book Rating : 4.6/5 (742 download)

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Book Synopsis Before and Beyond Divergence by : Jean-Laurent Rosenthal

Download or read book Before and Beyond Divergence written by Jean-Laurent Rosenthal and published by Harvard University Press. This book was released on 2011-04-01 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has reemerged as a powerhouse in the global economy, reviving a classic question in economic history: why did sustained economic growth arise in Europe rather than in China? Many favor cultural and environmental explanations of the nineteenth-century economic divergence between Europe and the rest of the world. This book, the product of over twenty years of research, takes a sharply different tack. It argues that political differences which crystallized well before 1800 were responsible both for China’s early and more recent prosperity and for Europe’s difficulties after the fall of the Roman Empire and during early industrialization. Rosenthal and Wong show that relative prices matter to how economies evolve; institutions can have a large effect on relative prices; and the spatial scale of polities can affect the choices of institutions in the long run. Their historical perspective on institutional change has surprising implications for understanding modern transformations in China and Europe and for future expectations. It also yields insights in comparative economic history, essential to any larger social science account of modern world history.

An Economic History of China

Author : Richard von Glahn
Publisher : Cambridge University Press
ISBN 13 : 1107030560
Total Pages : 477 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis An Economic History of China by : Richard von Glahn

Download or read book An Economic History of China written by Richard von Glahn and published by Cambridge University Press. This book was released on 2016-03-10 with total page 477 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first comprehensive study of China's economic development across 3,000 years of history to be published in English.

China's Destiny and Chinese Economic Theory

Author : Kai Shew Chiang Kai Shew
Publisher : Shew Press
ISBN 13 : 1406758388
Total Pages : 347 pages
Book Rating : 4.4/5 (67 download)

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Book Synopsis China's Destiny and Chinese Economic Theory by : Kai Shew Chiang Kai Shew

Download or read book China's Destiny and Chinese Economic Theory written by Kai Shew Chiang Kai Shew and published by Shew Press. This book was released on 2007-03 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1917 edition. Excerpt: ... (6) Columns for Discount on Purchases and Discount on Notes on the same side of the Cash Book; (c) Columns for Discount on Sales and Cash Sales on the debit side of the Cash Book; (d) Departmental columns in the Sales Book and in the Purchase Book. Controlling Accounts.--The addition of special columns in books of original entry makes possible the keeping of Controlling Accounts. The most common examples of such accounts are Accounts Receivable account and Accounts Payable account. These summary accounts, respectively, displace individual customers' and creditors' accounts in the Ledger. The customers' accounts are then segregated in another book called the Sales Ledger or Customers' Ledger, while the creditors' accounts are kept in the Purchase or Creditors' Ledger. The original Ledger, now much reduced in size, is called the General Ledger. The Trial Balance now refers to the accounts in the General Ledger. It is evident that the task of taking a Trial Balance is greatly simplified because so many fewer accounts are involved. A Schedule of Accounts Receivable is then prepared, consisting of the balances found in the Sales Ledger, and its total must agree with the balance of the Accounts Receivable account shown in the Trial Balance. A similar Schedule of Accounts Payable, made up of all the balances in the Purchase Ledger, is prepared, and it must agree with the balance of the Accounts Payable account of the General Ledger." The Balance Sheet.--In the more elementary part of the text, the student learned how to prepare a Statement of Assets and Liabilities for the purpose of disclosing the net capital of an enterprise. In the present chapter he was shown how to prepare a similar statement, the Balance Sheet. For all practical...

China's Capitalism

Author : Tobias ten Brink
Publisher : University of Pennsylvania Press
ISBN 13 : 081229579X
Total Pages : 327 pages
Book Rating : 4.8/5 (122 download)

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Book Synopsis China's Capitalism by : Tobias ten Brink

Download or read book China's Capitalism written by Tobias ten Brink and published by University of Pennsylvania Press. This book was released on 2019-02-14 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1978, the end of the Mao era, economic growth in China has outperformed every previous economic expansion in modern history. While the largest Western economies continue to struggle with the effects of the deepest recession since World War II, the People's Republic of China still enjoys growth rates that are massive in comparison. In the country's smog-choked cities, a chaotic climate of buying and selling prevails. Tireless expansion and inventiveness join forces with an attitude of national euphoria in which anything seems possible. No longer merely the "workshop of the world," China is poised to become a global engine for innovation. In China's Capitalism, Tobias ten Brink considers the history of the socioeconomic order that has emerged in the People's Republic. With empirical evidence and a theoretical foundation based in comparative and international political economy, ten Brink analyzes the main characteristics of China's socioeconomic system over time, identifies the key dynamics shaping this system's structure, and discusses current trends in further capitalist development. He argues that hegemonic state-business alliances mostly at the local level, relative homogeneity of party-state elites, the maintenance of a low-wage regime, and unanticipated coincidences between domestic and global processes are the driving forces behind China's rise. He also surveys the limits to the state's influence over economic and social developments such as industrial overcapacity and social conflict. Ten Brink's framework reveals how combinations of three heterogeneous actors—party-state institutions, firms, and workers—led to China's distinctive form of capitalism. Presenting a coherent and historically nuanced portrait, China's Capitalism is essential reading for anyone interested in the socioeconomic order of the People's Republic and the significant challenges facing its continuing development.

European and Chinese Histories of Economic Thought

Author : Iwo Amelung
Publisher : Routledge
ISBN 13 : 1000478998
Total Pages : 328 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis European and Chinese Histories of Economic Thought by : Iwo Amelung

Download or read book European and Chinese Histories of Economic Thought written by Iwo Amelung and published by Routledge. This book was released on 2021-11-18 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Western literature on the history of Chinese economic thought is sparse, and comparisons with the history of Western economic thought even more so. This pioneering book brings together Western and Chinese scholars to reflect on the historical evolution of economic thought in Europe and China. The international panel of contributors cover key topics such as currency, usury, land tenure, the granary system, welfare, and government, and special attention is given to monetary institutions and policies. The problem of "good government" emerges as the unifying thread of a complex analysis that includes both theoretical issues and applied economics. Chinese lines of evolution include the problem of the agency of the State, its ideological justification, the financing of public expenditure, the role played by the public administration, and the provision of credit. The early radical condemnation of usury in the Near East and in the West gives way to theoretical justifications of interest-taking in early capitalist Europe; they, in turn, lead to advances in mathematics and business administration and represent one of the origins of modern economic theory. Other uniting themes include the relationship between metallic and paper money in Chinese and European experiences and the cross-fertilization of economic practices and ideas in the course of their pluri-millennial interactions. Differences emerge; the approach to the organization of economic life was, and still is, more State-centred in China. The editors bring together these analytical threads in a final chapter, opening wider horizons for this new line of comparative economic research which is important for the understanding of modern ideological turns. This volume provides valuable reading for scholars in the history of economic thought, economic history and Chinese studies.

Unlikely Partners

Author : Julian Gewirtz
Publisher : Harvard University Press
ISBN 13 : 067497347X
Total Pages : 340 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Unlikely Partners by : Julian Gewirtz

Download or read book Unlikely Partners written by Julian Gewirtz and published by Harvard University Press. This book was released on 2017-01-02 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: With Deng Xiaoping’s blessing, Mao’s successors scoured the globe for fresh ideas to launch domestic prosperity and global economic power. Yet China’s government did not publicize its engagement with Western-style innovations, claiming instead that economic reinvention was the Party’s achievement alone. Julian Gewirtz sets forth the truer story.

Readings in Economics for China, Selected Materials With Explanatory Introductions (Classic Reprint)

Author : C. F. Remer
Publisher : Forgotten Books
ISBN 13 : 9780332203997
Total Pages : 702 pages
Book Rating : 4.2/5 (39 download)

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Book Synopsis Readings in Economics for China, Selected Materials With Explanatory Introductions (Classic Reprint) by : C. F. Remer

Download or read book Readings in Economics for China, Selected Materials With Explanatory Introductions (Classic Reprint) written by C. F. Remer and published by Forgotten Books. This book was released on 2017-11-29 with total page 702 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Readings in Economics for China, Selected Materials With Explanatory Introductions This book has grown out of the work of the classroom and it is intended for the classroom. It does, however, deal with subjects in which the public has a lively interest and it is hoped that it may be of service to general readers both Chinese and foreign. Information about economic conditions in China is furnished and, in addition, an attempt has been made to provide material that will make possible constant comparison of the East with the West and of one Eastern country with another. It is this material for comparison that is one of the chief reasons for hoping that a book by a Westerner will be really useful and will be favorably received in the educational institutions of China. It is frequently said that China is a republic in name only. This statement is true enough as far as it goes, but it has been made so frequently that the repetition of it is likely to obscure the fact, no less important, that the Chinese people have put behind them the autocratic political methods and organization of the past. China cannot, in all probability, go back to autocratic political methods: she must go forward to something. Even if the Chinese people could go back to autocratic government it would help them only temporarily, if it helped them at all. Autocracy is deceptive for it gives the people a false sense of security. There seems to be no way in which the people of any country can put off indefinitely the task of finding for themselves the political organization that will enable them to live at peace. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Thoughts on Economic Development in China

Author : Ma Ying
Publisher : Routledge
ISBN 13 : 1135075891
Total Pages : 354 pages
Book Rating : 4.1/5 (35 download)

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Book Synopsis Thoughts on Economic Development in China by : Ma Ying

Download or read book Thoughts on Economic Development in China written by Ma Ying and published by Routledge. This book was released on 2013-03-05 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about mutual influences of thinking about economic development in China and in the West, from the 18th century until the present. Its chapters are contributed by development economists and historians of thought from China and other parts of the world. The book describes important stages in the evolution, cross-fertilization and contextual modification of ideas about economic order, development and institutional change. It illustrates how Western concepts and theories have been adopted and adapted to Chinese conditions in different waves of modernization from the late 19th century until the present and that this was and is no one-way traffic. The book examines to what extent pre-classical thinking in the West, in particular French Physiocracy in mid-18th century, was influenced by China as an ideal and a source of ideas, at a time when China was the largest and most advanced economy in the world. It discusses to what extent different approaches of modern Western-style economics, in particular in the fields of development economics and institutional economics, can be used to understand the rapid transitions and developments of the Chinese economy in recent decades, and to what extent they need to be modified in the light of new experiences and insights. Against this background, several contributions to the volume provide assessments of the current state of economic science and teaching in China, in particular with regard to Chinese views on Western economics. The book should be of interest to those who are interested in the economic history of China.

The Political Logic of Economic Reform in China

Author : Susan L. Shirk
Publisher : Univ of California Press
ISBN 13 : 0520912217
Total Pages : 411 pages
Book Rating : 4.5/5 (29 download)

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Book Synopsis The Political Logic of Economic Reform in China by : Susan L. Shirk

Download or read book The Political Logic of Economic Reform in China written by Susan L. Shirk and published by Univ of California Press. This book was released on 2023-04-28 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past decade, China was able to carry out economic reform without political reform, while the Soviet Union attempted the opposite strategy. How did China succeed at economic market reform without changing communist rule? Susan Shirk shows that Chinese communist political institutions are more flexible and less centralized than their Soviet counterparts were. Shirk pioneers a rational choice institutional approach to analyze policy-making in a non-democratic authoritarian country and to explain the history of Chinese market reforms from 1979 to the present. Drawing on extensive interviews with high-level Chinese officials, she pieces together detailed histories of economic reform policy decisions and shows how the political logic of Chinese communist institutions shaped those decisions. Combining theoretical ambition with the flavor of on-the-ground policy-making in Beijing, this book is a major contribution to the study of reform in China and other communist countries.