Includes bibliographical references (pages 262-274) and index.
COVER; COPYRIGHT; Contents; Preface; PART I Economics of Maoism Revisited; 1. Interpreting the economics of the Cultural Revolution; PART II Deng Xiaoping in Mao's Mantle; 2. Was Mao really necessary? An economist's perspective; 3. Dengonomics and the Tiananmen Square incident; PART III Agriculture in China's Industrialization; 4. The rise of agricultural Dengonomics; 5. The economics of the 'second land reform'; 6. Peasant consumption and incomes in critical turn; 7. Mao and agriculture in China's industrialization: three antitheses in a 50-year perspective.
PART IV The New Industrialization Strategy8. The three industrial imbalances; 9. Growth imperatives, economic efficiency and 'optimum decentralization'; 10. Bureaucratization, property rights and economic reforms; 11. Inflation and industrial deregulation: the twin travellers; PART V From Autarky to the WTO; 12. Foreign economic relations readjusted, 1979-84; 13. The quest for WTO entry; References; Index.
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Deng Xiaoping's economic strategy is regarded as a complete anathema to Mao's. This book, however, argues that without the material foundations laid by Mao, it would have been very difficult for Deng to launch his reform and open-door policy. It blends institutional and statistical analysis, and is intended for students of economics and politics.