From Accelerated Accumulation to Socialist Market Economy in China: Economic Discourse and Development from 1953 to the Present

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Brill, 2017 - Business & Economics - 217 pages
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In From Accelerated Accumulation to Socialist Market Economy in China, Kjeld Erik Brødsgaard and Koen Rutten examine China's indigenous economic discourse and its relation to both economic policy-making and the overall trajectory of development from the First Five Year Plan in 1953 to 2016. In so doing, this volume demonstrates that although the form of the current economic system and its theoretical underpinnings bear scant resemblance to those of the planned economy, economic policy-making still relies on the principle of accelerated accumulation, which lay at the heart of the economic development project in the early years of the People's Republic.

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About the author (2017)

Kjeld Erik Brødsgaard is Professor, Ph.D. (1990), at the Department of International Economics and Management and Director of the China Policy Program at the Copenhagen Business School. His many books and journal publications include Chinese Politics as Fragmented Authoritarianism (2017).

Koen Rutten, Ph.D. (2014), Asia Research Centre, Copenhagen Business School, has spent his academic career studying the development of the Chinese Economy through various institutional perspectives. From Accelerated Accumulation to Socialist Market Economy is his first book-length publication.

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