China and Post-Socialist Development

The reemergence of China as an economic superpower during its systemic transition away from socialism is an astonishing phenomenon. In China and Post-Socialist Development, Andrzej Bolesta offers the first comprehensive study to frame China’s advancements within the context of the East Asian developmental miracle.

Setting China’s advancements against the background of post-socialist transformation, he asks how this phenomenon occurred and where China goes from here. As China transitions from central planning to a market economy, it imitates the institutions and policies of Japan and South Korea during their high growth periods of the second half of the twentieth century. China’s approach—while broadly in opposition to the neoliberal doctrine—has brought impressive results, and, as Bolesta argues, has profound implications for the nation’s future.