In Illiberal Reformers, Thomas Leonard reexamines the economic progressives whose ideas and reform agenda underwrote the Progressive Era dismantling of laissez-faire and the creation of the regulatory welfare state, which, they believed, would humanize and rationalize industrial…
"The days of rapid economic growth in China are over. Mounting debt and rising internal distortions mean that rebalancing is inevitable. Beijing has no choice but to take significant steps to restructure its economy. The only question is how to proceed. Michael Pettis debunks th…
"Recent commentators on Russia's economic reforms have almost uniformly declared them a disappointing - and avoidable - failure. In this book, two American scholars take a new and more balanced look at the country's attempts to build capitalism on the ruins of Soviet central pla…
"Recent commentators on Russia's economic reforms have almost uniformly declared them a disappointing - and avoidable - failure. In this book, two American scholars take a new and more balanced look at the country's attempts to build capitalism on the ruins of Soviet central pla…
China's stunning growth rates have corresponded with the rise of 'state capitalism'. Since the mid-2000s, China's political economy has stabilized around a model where most sectors are marketized and increasingly integrated with the global economy; yet strategic industries remai…
"Over the last thirty years, China has been reforming its economy at breakneck speed. In China, as in every country, the time of reformation is a crucial one. Although China's growth model is likely to be very effective in coping with today's economic requirements, the reform po…
