Chris Bramall - Böcker

This analysis of the political economy of growth in the era of Deng Xiaoping takes issue with the growth-accounting methodologies and market-centred explanations which characterize so much of the literature on transition-era China. By adopting an approach which echoes the pioneering work of Chalmers Johnson, Alice Amsden, and Robert Wade on other East Asian Economies, and which makes full use of the rich statistical materials that have become available since 1978, this book shows that Chinese growth was driven by a combination of state-led industrial policy and the favourable infrastructural legacies of the Maoist era. And in giving due weight to the sheer complexity of the growth process by looking in detail at the experience of four very different Chinese regions, it avoids over-simplistic macroeconomic generalization. Nevertheless, even this type of approach is inadequate, because it fails to explain why industrial policy has been so much more successful in China than in other countries. This book therefore goes beyond the 'development state' approach to argue that state autonomy in China reflected the remarkably equal distribution of income and wealth at the end of the 1970s and, paradoxically, the destruction of party structures and institutions during the Cultural Revolution. The policy implications are stark. The Chinese experience demonstrates that industrial policy and state spending on physical and social infrastructure can produce rich rewards; conversely, slavish reliance on foreign direct investment and trade are likely to limit the pace of growth. But attempts to replicate China's success in Latin America, sub-Saharan Africa, and South Asia will fail because their governments will not resist rent-seeking by classes and interest groups. Moreover, as the state becomes weaker in the wake of the re-emergence of a powerful capitalist class, even Chinese growth may prove unsustainable.

The growth of rural industry in China since 1978 has been explosive. Much of the existing literature explains its growth in terms of changes in economic policy. By means of a combination of privatization, liberalization and fiscal decentralization, it is argued, rural industrialization has taken off. This book takes issue with such claims. Using a newly constructed dataset covering all of China's 2000 plus counties and complemented by a detailed econometric study of county-level industrialization in the provinces of Sichuan, Guangdong and Jiangsu, the author demonstrates that history mattered. More precisely, it is argued that the development of rural industry in the Maoist period set in motion a process of learning-by-doing whereby China's rural workforce gradually acquired an array of skills and competencies. As a result, rural industrialization was accelerating well before the 1978 climacteric. The growth of the 1980s and 1990s is therefore likely to be a continuation of this process. Without prior Maoist development of skills, the growth of the post-1978 era would have been much slower, and perhaps would not have occurred at all - as has been the case in countries such as India and Vietnam. This is not to say that the Maoist legacy was without flaw. Many of the rural industries created under Mao were geared towards meeting defence-related objectives resulting in inefficiencies, and there can be no question that post-1978 policy changes facilitated the growth process. But without the Maoist inheritance, rural industrialization across China would have been unsuccessful.

This book outlines and analyzes the economic development of China between 1949 and 2007. Rather than being narrowly economic, the book addresses many of the broader aspects of development, including literacy, morality, demographics and the environment. The distinctive features of this book are its sweep and that it does not shy away from controversial issues. For example, there is no question that aspects of Maoism were disastrous but Bramall argues that there was another side to the whole programme. More recently, the current system of government has presided over three decades of very rapid economic growth. However, the author shows that this growth has come at a price. Bramall makes it clear that unless radical change takes place, Chinese growth will not be sustainable.This large, comprehensive text is relevant to all those studying the economic history of China as well as its contemporary economy. It is also useful more generally for students and researchers in the fields of international and development economics.