“But of course many individual economic reforms require the state to give up some power. Streamlining the SOEs means a big reduction in the state’s ownership of assets. Financial liberalization means cutting the government’s ability to direct capital to its… — Arthur R. Kroeber Copy Share Image
“Between 1978 and 1983, the entire basis of the agricultural economy was changed by the adoption of the “household responsibility system.” The origins of… — Arthur R. Kroeber Copy Share Image
“The “East Asian development model” is an adaptation of the strategy advocated by German economist Friedrich List (1789–1846), which in turn drew inspiration from… — Arthur R. Kroeber Copy Share Image
“But of course many individual economic reforms require the state to give up some power. Streamlining the SOEs means a big reduction in the… — Arthur R. Kroeber Copy Share Image
“China, almost uniquely among modern authoritarian regimes, has achieved three successive transfers of power from one living leader to another unrelated one. (Only Vietnam… — Arthur R. Kroeber Copy Share Image
“in the international arena, national power is a direct result of economic might.” — Arthur R. Kroeber Copy Share Image
“Deng’s judgment about the importance of strong economic growth was later validated by a series of studies of the collapse of the USSR conducted… — Arthur R. Kroeber Copy Share Image
“The basic reason why poor countries are poor is that they lack the technological capital that rich countries have, which makes output per worker… — Arthur R. Kroeber Copy Share Image
