Ten Crises: The Political Economy of China’s Development (1949-2020) (Global University for Sustainability Book Series)

This open access handbook, Ten Crises systematically traces the economic history of China from 1949 to 2020, unravelling the complex domestic and global factors leading to the cyclical crises identified by WEN and his research team, and examining the corresponding counteracting policies and measures by the government to resolve or defer the crises. The book offers profound insights into China’s endeavours and predicaments on the path of modernization, and contemplates opportunities and lessons for the forging of alternative trajectories not only for China but also for the global south: to reconstruct rural communities for integrated cooperation and governance, and to revitalize ecological civilization. https://directory.doabooks.org/handle/20.500.12854/71306 This open access book contextualizes China's 70 years of contemporary history against one coherent backdrop: a late developing country endeavoring at all costs to industrialize, whether it was in the name of socialism or capitalism. This path is even more complicated by China's getting caught in the geo-political confrontation of two superpowers in the 20th century: the Soviet Union and the USA. The author argues that China could only cope with these costs by internalizing them. As one of the leading scholars of agrarian issues in China, the author emphasizes the role of rural sector having been a source of surplus extraction for industrialization and the receptor of cost of development being transferred by the urban sector. This book is the first volume of the Global University for Sustainability Book Series published with Palgrave Macmillan This open access handbook, __Ten Crises__ systematically traces the economic historyleading to the cyclical crises identified by WEN and his research team, andgovernment to resolve or defer the crises. The book offers profound insights intocontemplates opportunities and lessons for the forging of alternative trajectoriesfor integrated cooperation and governance, and to revitalize ecological civilization.