Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
How China Escaped the Poverty Trap

How China Escaped the Poverty Trap

Ang, Yuen Yuen
Ho, Catherine

Audio Book

EconomicsGeneral Political Science

Currently unavailable to order

ISBN13: 9798212399869
Publisher: Tantor Audio
Published: Nov 22 2022
Language: English
How can poor and weak societies escape poverty traps? Political economists have traditionally offered three answers: stimulate growth first, build good institutions first, or some fortunate nations inherited good institutions that led to growth.

Yuen Yuen Ang rejects all three schools of thought and their underlying assumptions: linear causation, a mechanistic worldview, and historical determinism. Instead, she launches a new paradigm grounded in complex adaptive systems, which embraces the reality of interdependence and humanity's capacity to innovate.

Her analysis reveals two broad lessons on development. First, transformative change requires an adaptive governing system that empowers ground-level actors to create new solutions for evolving problems. Second, the first step out of the poverty trap is to use what you have--harnessing existing resources to kick-start new markets, even if that means defying first-world norms.

Bold and meticulously researched, How China Escaped the Poverty Trap opens up a whole new avenue of thinking for scholars, practitioners, and anyone seeking to build adaptive systems.

3 different editions

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General Political Science

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