The Rise of China´s Industrial Policy (1978 to 2020)
The Rise of China´s industrial policy
In "The Rise of China´s Industrial Policy (1978 to 2020)," Barry Naughton masterfully unravels the intricate journey of China's ascendancy from a modest economy to a global powerhouse. Through meticulous analysis, Naughton delves into the pivotal role of industrial policies that not only fueled China's rapid development but also crafted a novel economic landscape. This compelling narrative explores the strategic maneuvers and policy innovations that underpinned China's economic saga, offering a profound insight into the mechanics of its growth. Naughton's exploration is not just a recount of historical milestones; it's an invitation to understand the genesis of a "government-steered market economy," a concept that challenges conventional economic doctrines and proposes a unique model with profound global implications. At the heart of Naughton's examination lies a critical inquiry: What did China do right? Through his analytical lens, readers are guided through the evolution of Chinese industrial policy over four transformative decades, capturing the essence of its success story. "The Rise of China´s Industrial Policy (1978 to 2020)" is not merely an academic treatise; it is a captivating story of ambition, innovation, and the relentless pursuit of economic transformation. Naughton's work stands as a pivotal reference for policymakers, scholars, and anyone keen on understanding the dynamics of China's economic rise and its significance in shaping the future of global economics.
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