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9780190239022

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If the notion of a middle way sounds intuitively appealing, Arthur Kroeber's book brings rigour to the debate to show why it is also the most likely outcome. A longtime China analyst now managing an independent research firm, he launches an assault, albeit courteously worded, on conventional wisdom from the two opposing camps. What emerges is a nuanced take on an economy facing serious challenges, ones that do not spell its collapse but could prove intractable all the same. --The Economist Thankfully Arthur Kroeber has [condensed] many years of studying and writing about the Chinese economy into a single-volume portrait accessible to the generalist. Aside from the clear descriptive prose and judicious organisation this book achieves two things. On the one hand it lays out a detailed framework of how China works that will be recognisable to experts, and accessible to newcomers, breaking the whole into a series of digestible parts. On the other hand it offers a layer of measured assessment aimed at addressing the full range of pressing issues affecting China. --Forbes Few have watched the development of the Chinese economy as closely as Arthur Kroeber. [China's Economy] is a wide-ranging and authoritative primer on the history and development of China's unique blend of decentralized economic authoritarianism. --Quartz

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Arthur R. Kroeber is Nonresident Senior Fellow of Foreign Policy at Brookings-Tsinghua Center. Kroeber focuses on China's political economy and its engagement with global economic institutions. He is managing director of GaveKal Dragonomics, an independent global economic research firm, and editor of its journal China Economic Quarterly. He is based in Beijing, where he has lived since 2002. Before joining Dragonomics, Kroeber worked for 15 years as a financial journalist and economic analyst in China, Taiwan and India. He has written for Foreign Policy, Economist, Far Eastern Economic Review, Fortune, and Wired and is a contributor to the opinion pages of Financial Times, Wall Street Journal and Washington Post. He is a member of the National Committee on United States-China Relations, the Fernand Braudel Institute of International Economics and the board of the Research Center for Chinese Politics and Business at Indiana University.

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