Jump to ContentJump to Main Navigation
Why Has China Grown So Fast For So Long?$
Users without a subscription are not able to see the full content.

Khalid Malik

Print publication date: 2012

Print ISBN-13: 9780198078838

Published to Oxford Scholarship Online: September 2012

DOI: 10.1093/acprof:oso/9780198078838.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 18 October 2021

Understanding China and Its Transformation

Understanding China and Its Transformation

(p.114) 5 Understanding China and Its Transformation
Why Has China Grown So Fast For So Long?

Khalid Malik

Oxford University Press

This chapter examines the emergence and the interplay of the productive forces which led to the phenomenal 50-fold growth in per capita incomes in China since the late 1970s. Novel propositions are presented to understand this dramatic transformative process, which run counter to or fall outside the narrow realm of conventional economics. Broadly, national ownership and leadership was one such force. The elements of it were a strategic and strong vision of development, sustaining this vision through leadership, local ownership, and China’s long-term commitment to reform, which acted as drivers of constant progress and modernization. Building of capacities through human capital formation, institutional reforms, and evolution of social capital were successful in not only increasing growth, but also establishing a sturdy foundation leading to the economy’s transformation.

Keywords:   China, transformation, development vision, Chinese leadership, property rights, civil service, social capital, economics, reforms, national ownership

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .