Overview

"How can poor and weak societies escape poverty traps? Political economists have traditionally offered three answers: ""stimulate growth first,"" ""build good institutions first,"" or ""some fortunate nations inherited good institutions that led to growth."" Yuen Yuen Ang rejects all three schools of thought and their underlying assumptions: linear causation, a mechanistic worldview, and historical determinism. Instead, she launches a new paradigm grounded in complex adaptive systems, which embraces the reality of interdependence and humanity's capacity to innovate. Her analysis reveals two broad lessons on development. First, transformative change requires an adaptive governing system that empowers ground-level actors to create new solutions for evolving problems. Second, the first step out of the poverty trap is to ""use what you have""--harnessing existing resources to kick-start new markets, even if that means defying first-world norms. Bold and meticulously researched, How China Escaped the Poverty Trap opens up a whole new avenue of thinking for scholars, practitioners, and anyone seeking to build adaptive systems."

Full Product Details

9798212399869

Table of Contents

Reviews

Author Information

Yuen Yuen Ang is an Andrew Carnegie Fellow and the inaugural recipient of the Theda Skocpol Prize for Emerging Scholar, awarded by the American Political Science Association. Catherine Ho is a Midwesterner living in NYC. She's an AudioFile Best of 2021, Earphones Award winner, and AA2022-nominated voice actor. She's voiced hundreds of characters for the Big 5 publishers, Nickelodeon, Havas, TedLive, Macy's, IBM, and more. Raised in Ohio by English language learners, she has an ear and agility for accents. She is a relentless and eclectic consumer of media in all forms, reader for a literary magazine, coached and passable at kickboxing and boxing, music literate, a trained singer, and truly mediocre at the ukulele.

Tab Content 6

Customer Reviews

Recent Reviews

Countries Available