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Author Zhu, Tian, author
Title Catching up to America : culture, institutions, and the rise of China / Tian Zhu, China Europe International Business School
Imprint Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2021
book jacket
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 Modern History Library  330.951 Z63c    AVAILABLE    30550100700416
Descript xvi, 273 pages : illustrations ; 24 cm
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Note Includes bibliographical references and index
Just how rapid is China's rise? A global comparison -- Explaining China's rise: some popular views -- Do institutions rule? -- Savings and China's investment-led growth -- The role of education: quantity and quality -- Technological progress and innovation -- Confucian culture as the key differentiating factor -- Why is China slowing down? -- Catching up to America in a post-COVID-19 world
"China's rapid rise is doubtless the most significant economic and geopolitical event in the twenty-first century. What has led to its rise? What does it mean for the rest of the world? When will China overtake the US? Will the conflict between the two superpowers derail its further rise? Can China's development experience be emulated by other countries? These are some of the important questions addressed in this jargon-free, yet rigorous, book. It debunks many popular explanations of China's rapid economic growth ranging from abundance of cheap labor, export promotion, demographic dividend, and strong government, to mercantilist policies and IP theft. Taking a global comparative approach, this book demonstrates convincingly that the true differentiating factor making China grow faster than other developing countries over the past four decades is the Confucian culture of savings and education. This cultural perspective yields powerful new insights into many questions regarding China's rise"-- Provided by publisher
Link Online version: Zhu, Tian. Catching up to America Cambrige, United Kingdom ; New York, NY : Cambridge University Press, 2021 9781009038997 (DLC) 2021020768
Subject China -- Economic conditions -- 2000-
Economic development -- China -- History -- 21st century
China -- Economic policy -- 2000-
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