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Licensed Unlicensed Requires Authentication Published by De Gruyter January 13, 2016

The Chinese Economic System Under Mao

Ning Wang
From the journal Man and the Economy

Abstract

This paper attempts a character study of China’s economic system under Mao to uncover changes and continuities between Mao’s economy and post-Mao Chinese economic reforms. While some historical roots of China’s market transformation can be readily traced back to Mao’s era, it remains open to debate how Mao’s legacies were actually translated into institutional forces facilitating China’s transition to a market economy. In addition, the presence of such linkage leads us to ponder why Mao’s economy failed so miserably, particularly in comparison with the rapid rise of the Chinese economy in the post-Mao era.

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Published Online: 2016-1-13
Published in Print: 2015-12-1

©2015 by De Gruyter

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