Chinese Economy in Crisis

Explore the intricate dynamics of China's economic landscape in Chinese Economy in Crisis by Wang Shaoguang, published by Taylor & Francis Ltd in 2001. This insightful study delves into the implications of decentralization that has unfolded in China since 1980, suggesting that it poses significant risks to the country's reform efforts and the stability of the state itself. With 296 pages of in-depth analysis, Wang argues that while reform initiatives have sought to modernize the economy, they have inadvertently weakened the state's capacity to govern effectively. As fiscal revenues continue to dwindle, this book provides a critical examination of the challenges facing China’s economic policy and public governance. Ideal for students and professionals in business, economics, and international relations, Chinese Economy in Crisis is a vital resource for understanding the complexities of economic development in one of the world's most influential nations.