The Chinese Economic System Under Mao

Wang Ning ()
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Wang Ning: Ronald Coase Institute, St. Louis, MO, USA

Man and the Economy, 2015, vol. 2, issue 2, 153-193

Abstract: This paper attempts a character study of China’s economic system under Mao to uncover changes and continuities between Mao’s economy and post-Mao Chinese economic reforms. While some historical roots of China’s market transformation can be readily traced back to Mao’s era, it remains open to debate how Mao’s legacies were actually translated into institutional forces facilitating China’s transition to a market economy. In addition, the presence of such linkage leads us to ponder why Mao’s economy failed so miserably, particularly in comparison with the rapid rise of the Chinese economy in the post-Mao era.

Keywords: China; economic history; Mao Zedong; comparative economics (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1515/me-2015-6002

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