China's Rise, Russia's Fall

1. Front Matter

   Pages i-x

   PDF

2. Introduction

   • Peter Nolan

   Pages 1-9

3. Economic Performance during the Reform Period in China and Russia

   • Peter Nolan

   Pages 10-23

4. The Need for Reform of the Chinese and Soviet Systems of Political Economy

   • Peter Nolan

   Pages 24-53

5. The Transition Orthodoxy and its Problems

   • Peter Nolan

   Pages 54-109

6. ‘Catch-up’ Capabilities Compared

   • Peter Nolan

   Pages 110-159

7. Reform in China

   • Peter Nolan

   Pages 160-229

8. Reform in Russia

   • Peter Nolan

   Pages 230-301

9. Conclusions

   • Peter Nolan

   Pages 302-320

10. Back Matter

    Pages 321-360

    PDF

'A lively and well written comparison of economic transformation in China and the USSR/Russia, combining a good knowledge of the Chinese economy with a radical critique of Western transition orthodoxy, this very topical and very controversial book will be useful reading for students, administrators in many countries and international agencies, and business people.' - Michael Ellman, University of Amsterdam `Peter Nolan makes a pungent challenge to conventional wisdom by arguing that the Chinese approach to system reform has been vastly more successful than the shock therapy applied to Russia. His book is based on extensive comparison and deep insight into the political economy of both countries.' - John Toye, Institute of Development Studies, Sussex This book is the first attempt to analyse systematically the dramatic contrast in the results of post-Stalinist reform in China and Russia. It argues that there emerged a 'transition orthodoxy' about how to reform the communist systems of political economy. However, it was deeply flawed. The advice which flowed from this orthodoxy was the primary cause of the Soviet disaster. The decision not to follow it was the main reason for China's enormous success in its reform programme.

• development
• political economy
• transition

• Jesus College, Cambridge, UK

  Peter Nolan

PETER NOLAN

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