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China's age of abundance : origins, ascendance, and aftermath

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Between the 1980s and the present day, China has experienced one of the most consequential economic transformations in world history.

One-fifth of the Earth's population has left behind a life of scarcity and subsistence for one of abundance and material comfort, while their nation has emerged as a preeminent economic and political power.

In a systematic historical and sociological analysis of this unique juncture, Wang Feng charts the origins, forces, and consequences of this meteoric rise in living standards.

He shifts the focus away from institutions and policies to offer new perspectives based on consumption among poorer, rural populations as a driver of global economic change.

But is this 'Age of Abundance' coming to an end? Anticipating potential headwinds, including an aging population, increasing inequality, and intensifying political control, Wang explores whether this preeminence could be coming to a close.

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Published 30/04/2024
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Product Details
Cambridge University Press
1009444891 / 9781009444897
Hardback
330.951
30/04/2024
United Kingdom
English
286 pages