Economics Update 2012

Page 43

TRANSITION ECONOMICS

HIGHLIGHT

Economies in Transition The Long-Run View Edited by Gérard Roland, Professor of Economics and Political Science, University of California, Berkeley, USA

How China Became Capitalist Ronald Coase, Nobel Laureate in Economics, Clifton R. Musser Professor Emeritus of Economics, University of Chicago Law School, and Research Advisor, Ronald Coase Institute, USA and founder, Ronald Coase Center for the Study of the Economy, Zhejiang University, China and Ning Wang, Assistant Professor, School of Politics and Global Studies, Arizona State University, USA '...a major contribution to the whole literature on economic change as well as on China. Nowhere in all of the literature on economic change and development that I know is there such a detailed study of the fumbling efforts of a society to evolve and particularly one that had as long and as far to go as China did.’ - Douglass C. North, 1993 Nobel laureate in Economics ‘This book is one of the greatest works in economics and in studies of China, not only for today, but for the future.’ - Chenggang Xu, University of Hong Kong ‘Ronald Coase, now 100 years plus, and Ning Wang have written a compelling and exhaustive commentary about China’s fitful transition from Socialism under Mao to today’s distinctive capitalist economy.’ - Richard Epstein, University of Chicago Law School, USA ‘Coase finds a nation whose philosophy and policy have reflected the same simple principle - “seeking truth from facts” - that has inspired his own path-breaking analyses of firms, markets and law. A fascinating and exceptionally thoughtprovoking account of how China, repeatedly seeking more efficient socialism, found itself turning capitalist.’ - Stephen Littlechild, Emeritus Professor, University of Birmingham, UK and Fellow, Judge Business School, University of Cambridge, UK This book examines the extraordinary events that led to China’s transformation from a closed agrarian socialist economy to a powerful economic force in the international arena. Contents: Preface / China at the Death of Mao / China in Transition / How China’s Market Reform Began / A Bird in the Cage: Market Reform Under Socialism / Growing out of Socialism: Capitalism with Chinese Characteristics / From Capitalism to Capitalisms http://www.palgrave.com/products/title.aspx?pid=582080 March 2012 Hardback

272pp £60.00

234x156mm 978-1-137-01936-3

The twentieth anniversary of the fall of the Berlin Wall saw many reflect on the political, economic and social changes of recent years. The legacy of communism and the economic prospects of post-communist countries are rigorously analyzed in this stimulating study of the long term consequences of transition. December 2011 464pp 62 b/w tables and 93 figures Hardback £75.00

216x138mm 978-0-230-34348-1

Studies in Development Economics and Policy Series Editor: Anthony Shorrocks ebook available from: Dawson ERA, Ebook Library, ebooks.com, Ebrary, Myilibrary, NetLibrary, Palgrave Connect Economics & Finance Collections http://www.palgrave.com/products/title.aspx?pid=531621

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