What is it about?
It explains the Chinese economic miracle from the new institutional and Marxian views. Also, the research investigates what could be growth driver of Chinese economy in the new phase of economic development prescribed by these two schools of thoughts and how far China is prepared towards these steps.
Featured Image
Why is it important?
A new way of explaining Chinese economic growth and what are elements Chine should emphasize on for continuing its economic miracle. The prescriptions offered in this research may be helpful for other developing economies.
Read the Original
This page is a summary of: China’s ‘New Normal’: Explaining China’s Economic Development from Institutional and Marxian Perspectives, January 2017, Springer Science + Business Media,
DOI: 10.1007/978-981-10-5592-8_2.
You can read the full text:
Contributors
The following have contributed to this page
