Red Capitalism

Red Capitalism

Share

Walter, Carl E. | Howie, Fraser J. T. John Wiley & Sons Singapore Pte. Ltd., 2012 Audio summary available
Price: $99.
Subscribe
Price:
$9.95

IN THIS SUMMARY

The popular world view is that China is an unstoppable freight train of economic growth. However, in Red Capitalism, Carl E. Walter and Fraser J. T. Howie say that decades of development in China have been marked not by steady ascension but rather a series of booms and busts, during which large-scale government intervention was required to save many corporations. They explore how China’s financial institutions and the national Communist Party shaped the country’s economic choices, development, and reform and what this means for China and the rest of the world. They investigate whether China’s incredible gains of the last three decades live up to their reputation and how the country’s past decisions have imposed on its promising future.