The Global Recession And China's Political Economy

While the rest of the world was mired in the Great Recession, the economies of Brazil, China, and India stood out for their resilience. Yet these societies did not merely hold their ground. In this volume, leading China scholars from multiple disciplines dissect how China responded to the raging tides of global financial crisis at the macroeconomic level and in key sectors.

They also analyze how the efforts to promote economic rebalancing and trade adjustment have affected state-society relations and governance in China. Taken as a whole, this volume reveals much about the dynamics and dilemmas of China's political economy and governance. Review: 'This book is by far the best treatment of trends within the Chinese political economy since 2008.

Looking through many functional lenses (business, politics, law, trade, administration, and others), it documents a trend of 'the state advancing and private people retreating' (guojin mintui) that has reversed an opposite trend during earlier eras of reform in China. Most readers in the West do not yet know what a sharp change this has been.

This is the book that will tell them.'--Lynn White, professor of Politics and International Affairs, Woodrow Wilson School of Public and International Affairs, Princeton University