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Competing Economic Paradigms in China

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Competing Economic Paradigms in China Synopsis

When the Chinese economic reforms began in 1978, Marxist economics infused all the institutions of economic theory in China, from academic departments and economics journals to government departments and economic think tanks. By the year 2000, neoclassical economics dominated these institutions and organized most economic discussion. This book explains how and why neoclassical economic theory replaced Marxist economic theory as the dominant economics paradigm in China. It rejects the idea that the rise of neoclassical theory was a triumph of reason over ideology, and instead, using a sociology of knowledge approach, links the rise of neoclassical economics to broad ideological currents and to the political-economic projects that key social groups inside and outside China wanted to enable. The book concludes with a discussion of the nature of economic theory and economics education in China today.

About This Edition

ISBN: 9781138678156
Publication date: 31st August 2017
Author: Steven Mark Cohn
Publisher: Routledge an imprint of Taylor & Francis Ltd
Format: Hardback
Pagination: 376 pages
Series: Routledge Contemporary China Series
Genres: Regional / International studies
Politics and government
Economic history