CeMEAS Lecture Series: How China Escaped the Poverty Trap !!! Cancelled !!!
Yuen Yuen Ang, Assistant Professor of Political Science, University of Michigan Before markets opened in 1978, China was an impoverished planned economy governed by a Maoist bureaucracy. In just three decades it evolved into the world’s second-largest economy and is today guided by highly entrepreneurial bureaucrats. What explains this amazing metamorphosis? Continue reading