![]() ![]() ![]() ![]() We discussed about property rights, transitional institutions and the performance evaluation system of local cadres. They were developed looking at traditional western development paths that cannot and should not be treated as a universal recipe for any other country in the world. On the one hand, the fail to understand Chinese reforms, including political ones under Deng, on the other hand, they are biased. We discussed why traditional contributions such as those by Acemoglu and Robinson cannot explain the success of China’s reform. Her book explains what went right in China and how other developing countries could follow a similar approach to reform and institutional transition. We started with the origin of her book and a brief definition of ‘poverty trap’. It is also an important contribution to political economy and to development economics. This is a very original and non-conformist book on China. She published in 2016 a great new book How China Escaped the Poverty Trap (Cornell University Press, 2016). I spoke with Dr Yuen Yuen Ang, Associate Professor of Political Science at the University of Michigan, Ann Arbor. ![]()
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