The Reluctant Dragon: Crisis Cycles in Chinese Foreign Economic Policy (Studies of the East Asian Institute)

19,45 $

Discover the untold story behind China’s economic rise with Lawrence C. Reardon’s “The Reluctant Dragon.” Challenging the conventional narrative of pre-1978 isolation, this book reveals a nuanced picture of China’s engagement with global markets during the Mao era. Reardon meticulously traces the evolution of Chinese foreign economic policy, demonstrating how Deng Xiaoping’s reforms built upon earlier, often-overlooked initiatives. Through primary sources and insightful analysis, explore the power struggles between ideological purists and pragmatic reformers, and understand how these internal conflicts shaped China’s trade relations. “The Reluctant Dragon” offers a fresh perspective on China’s economic miracle and its complex relationship with the world, making it essential reading for anyone seeking to understand China’s global influence. This is an important addition to any library focused on international economics, Chinese studies, or political science.

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Chinese foreign economic policy before 1978 has been considered isolationist and centered on Maoist self-reliance. In this revisionist analysis, Lawrence Reardon argues that China was not out of touch with the global marketplace during the 1949-78 period and that Deng Xiaoping’s heralded liberalizations in fact were revisions and expansions of policies from the Maoist period.

The dramatic economic reforms initiated by China’s leaders in 1978 boosted GDP by between 9 and 13 percent each year during the 1980s and 1990s, while the nation’s foreign trade figures rose from a trivial US$1.94 billion in 1952 to US$325 billion in 1997. By opening to the outside world and liberalizing the domestic economic infrastructure, China has become the third largest and one of the fastest-growing economies in the world.

The story of China’s on-again, off-again trade efforts provides an important window on the cyclical struggle for power between Mao Zedong’s ideologically driven allies and more pragmatic leaders such as Zhou Enlai and Deng Xiaoping, whose approach eventually prevailed. Reardon relies on primary sources, including Chinese Communist Party histories and other restricted-circulation materials that have recently come to light, to show that China’s apparently sudden turn outward in 1978 was actually an extension of previous experiments hobbled by bureaucratic infighting and conflict among rival elites. He describes in unprecedented detail the seemingly contradictory strategies used by Mao and other leaders to assert China’s absolute self-sufficiency while also striving to modernize the economy and achieve maximum prosperity as rapidly as possible. These latter goals required engagement with global economic forces – even capitalist nations – but were necessary to enhance national security in a hostile geopolitical environment and to assure continued domestic stability.

Uncover the Hidden History of China's Economic Transformation with "The Reluctant Dragon: Crisis Cycles in Chinese Foreign Economic Policy"! Was China truly isolated before Deng Xiaoping's reforms? Challenge conventional wisdom with Lawrence C. Reardon's groundbreaking analysis in "The Reluctant Dragon." This meticulously researched book unveils a surprising narrative: that China's engagement with the global marketplace during the Maoist era (1949-1978) was far more significant and complex than previously understood. Reardon argues that Deng Xiaoping's lauded liberalizations weren't a radical departure, but rather a carefully orchestrated evolution of existing policies. Delve into the intricate power struggles within the Chinese Communist Party. Reardon illuminates the constant tension between Mao Zedong's unwavering ideological stance and the pragmatic visions of leaders like Zhou Enlai and Deng Xiaoping. Discover how these internal conflicts shaped China's on-again, off-again trade policies and ultimately paved the way for the nation's economic miracle. "The Reluctant Dragon" offers a unique window into China's past, providing crucial context for understanding its present and future role on the world stage. This isn't just another economics textbook; it's a captivating journey through the political and economic landscape of a nation undergoing profound transformation. Reardon masterfully weaves together historical analysis with insightful economic commentary, making this book accessible to both academics and anyone interested in understanding China's rise. Drawing on a wealth of primary sources, including previously restricted Chinese Communist Party documents and histories, Reardon reveals the hidden complexities behind China's economic strategies. He meticulously reconstructs the seemingly contradictory approaches employed by Mao and other leaders, who simultaneously strived for national self-sufficiency and rapid modernization. Learn how these leaders navigated the delicate balance between engaging with global economic forces, even capitalist nations, and maintaining national security and domestic stability. Explore the critical role of foreign trade in China's quest for economic growth and national security. Reardon demonstrates how China's leaders strategically utilized international trade to acquire advanced technologies and resources, while also safeguarding the nation's independence. The book challenges the simplistic view of China as a passive recipient of foreign investment, highlighting its active role in shaping the global economic order. More than just a historical account, "The Reluctant Dragon" is a vital resource for understanding the long-term drivers of China's economic success. It sheds light on the enduring legacies of the Maoist era and the complex interplay of political and economic factors that continue to shape China's foreign economic policy today. This book is essential reading for anyone seeking a deeper understanding of China's economic history, its political dynamics, and its evolving role in the global economy. Understand the roots of China's current economic power and its complex relationship with the rest of the world with this landmark study.
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Authors

Binding

Condition

ISBN-10

0295981210

ISBN-13

9780295981215

Language

Pages

369

Publisher

Year published

Weight

703

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