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China's Crisis of Success
Contributor(s): Overholt, William H. (Author)
ISBN: 1108421695     ISBN-13: 9781108421690
Publisher: Cambridge University Press
OUR PRICE:   $89.30  
Product Type: Hardcover - Other Formats
Published: February 2018
Qty:
Additional Information
BISAC Categories:
- Political Science | World - Asian
- Political Science | Political Economy
- Political Science | Public Policy - Economic Policy
Dewey: 330.951
LCCN: 2017056239
Physical Information: 0.73" H x 7.03" W x 9.51" (1.37 lbs) 302 pages
Themes:
- Cultural Region - Chinese
 
Descriptions, Reviews, Etc.
Publisher Description:
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.

Contributor Bio(s): Overholt, William H.: - William H. Overholt is Senior Research Fellow at Harvard University. He is author of a number of books including, most notably, Asia, America and the Transformation of Geopolitics (Cambridge, 2008) and The Rise of China (1993).