Book Review on Stephen L. Morgan (2021). The Chinese Economy

Abstract

China followed a Soviet-style model for the economy from 1953 to 1978. Then Deng Xiaoping's economic ideas were implemented. The result was a marked decrease in poverty. Regarding personal freedoms, that has increased sometimes and decreased others since the founding of the People’s Republic of China. Morgan, a Professor of Chinese history at Nottingham University, clearly presents the significant facets of China’s economy.

Keywords

• china
• mixed economy
• transition economy
• deng xiaoping
• hu jin tao