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'A lively and well written comparison of economic transformation in China and the USSR/Russia, combining a good knowledge of the Chinese economy with a radical critique of Western transition orthodoxy, this very topical and very controversial book will be useful reading for students, administrators in many countries and international agencies, and business people.' - Michael Ellman, University of Amsterdam `Peter Nolan makes a pungent challenge to conventional wisdom by arguing that the Chinese approach to system reform has been vastly more successful than the shock therapy applied to Russia. His book is based on extensive comparison and deep insight into the political economy of both countries.' - John Toye, Institute of Development Studies, Sussex This book is the first attempt to analyse systematically the dramatic contrast in the results of post-Stalinist reform in China and Russia. It argues that there emerged a 'transition orthodoxy' about how to reform the communist systems of political economy. However, it was deeply flawed. The advice which flowed from this orthodoxy was the primary cause of the Soviet disaster. The decision not to follow it was the main reason for China's enormous success in its reform programme.
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Table of contents (8 chapters)
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Front Matter
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Back Matter
Authors and Affiliations
About the author
PETER NOLAN
Bibliographic Information
Book Title: China's Rise, Russia's Fall
Book Subtitle: Politics, Economics and Planning in the Transition from Stalinism
Authors: Peter Nolan
DOI: https://doi.org/10.1057/9780230378360
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)
Copyright Information: Palgrave Macmillan, a division of Macmillan Publishers Limited 1995
Softcover ISBN: 978-0-333-62265-0Published: 30 October 1995
eBook ISBN: 978-0-230-37836-0Published: 30 October 1995
Edition Number: 1
Number of Pages: X, 360
Topics: Development Economics, Macroeconomics/Monetary Economics//Financial Economics, International Political Economy