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Book Review on Stephen L. Morgan (2021). The Chinese Economy

Journal: Business Ethics and Leadership (BEL) (Vol.7, No. 1)

Publication Date:

Authors : ;

Page : 122-124

Keywords : China; mixed economy; transition economy; Deng Xiaoping; Hu Jin Tao;

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Abstract

China followed a Soviet-style model for the economy from 1953 to 1978. Then Deng Xiaoping's economic ideas were implemented. The result was a marked decrease in poverty. Regarding personal freedoms, that has increased sometimes and decreased others since the founding of the People’s Republic of China. Morgan, a Professor of Chinese history at Nottingham University, clearly presents the significant facets of China’s economy.

Last modified: 2023-05-04 01:37:40