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CeMEAS Lecture Series: How China Escaped the Poverty Trap !!! Cancelled !!!
1. November 2016, 18:00 - 20:00
Yuen Yuen Ang, Assistant Professor of Political Science, University of Michigan
Before markets opened in 1978, China was an impoverished planned economy governed by a Maoist bureaucracy. In just three decades it evolved into the world’s second-largest economy and is today guided by highly entrepreneurial bureaucrats. What explains this amazing metamorphosis?