Books for changing the world
Dynamics of China's Economy
Growth, Cycles and Crises from 1949 to the Present Day

Chinese economic growth is an extraordinary phenomenon that deserves an original analysis. Dynamics of China's Economy traces this dynamism from the origins of the People's Republic to the present day. The analysis offered is unique, first, because the authors have reconstructed statistical databases in time series for the stock of physical capital, the stock of human capital, expenditure on research and development, and Gini income inequality index. Their methodologies screen a very wide range of theoretical currents: neoclassical, Pickettyan, and Marxist. It further stands out from similar inquiries because the most modern tools of statistics and econometrics are mobilized to carry out their research.