 The ArgumentCarl Mosk () Chapter 1 in Traps Embraced or Escaped:Elites in the Economic Development of Modern Japan and China, 2011, pp 3-16 from World Scientific Publishing Co. Pte. Ltd. Abstract: AbstractIt would seem the height of folly to argue that there is a striking similarity between the economic development of Japan and of China over the period 1850–2000. After all contemporary Japan is a high income per capita country, a multi–party democracy with intense political competition heavily relying upon market forces in allocating goods and services including those flowing from the factors of production. By contrast China is a much lower income per capita nation, nominally a Market Socialist economy characterized by one–party rule of the Communist Party, market forces being strongly tempered by a legacy of command and control directed central planning embodied in state owned enterprises and collectively owned town and village enterprises that still play a significant role in the contemporary Chinese economy. Yet the existence of remarkable similarity is the core of the argument I advance in this volume… Keywords: Economic Development; Chinese Economy; Japanese Economy; Economic History of East Asia (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789814287531_0001 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.