This is a comprehensive, interpretive, economic history of China since 1949. It presents the recent dramatic changes in China's approach to economic organization and development in a historical context. Riskin attempts to make sense of the emergence of the Maoist assault on Soviet-type central planning, its accomplishments, failures, and ultimate defeat; as well as to examine in some detail the new policies that have come about in reaction to that story and to expose their inner contradictions and uncertainties.
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