Research report 2013 - Max Planck Institute for the Study of Societies
The short march to capitalism
ten Brink, Tobias
Max-Planck-Institut für Gesellschaftsforschung, Köln
SummaryOld Buddhist temples, rural underdevelopment and extreme poverty on the one hand, skyscrapers, high-tech and world champion in exports on the other: during the past forty years, China has surged forward to catch up with the industrialized nations. What are the causes of this economic boom, and what are the factors that could lead to the destabilization of the Chinese success model?