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Competing Economic Paradigms in China
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Competing Economic Paradigms in China : The Co-Evolution of Economic Events, Economic Theory and Economics Education, 1976?2016

Book Details

Format Hardback or Cased Book
ISBN-10 1138678155
ISBN-13 9781138678156
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Aug 31st, 2017
Print length 376 Pages
Weight 700 grams
Dimensions 16.40 x 24.10 x 3.00 cms
Product Classification: Economic theory & philosophy
Ksh 27,000.00
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This book explains how and why neoclassical economic theory became 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 links the rise to broad ideological currents and to the political-economic projects that key social groups wanted to enable.
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.

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