Managed Chaos: The Fragility of the Chinese Miracle

Overview

Managed Chaos reads into the resounding events of Chinese politics and economy, ending the schizophrenia that the readers have lived with. It delves deep into both elements: the economic narrative that China has sustained a near 10 percent growth rate for 30 years and the political narrative that China is an increasingly fragile state, trapped in an incomplete transition from a totalitarian to a democratic market economy. For the first time, in his reading of China, the author consolidates this paradox by ...
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Overview

Managed Chaos reads into the resounding events of Chinese politics and economy, ending the schizophrenia that the readers have lived with. It delves deep into both elements: the economic narrative that China has sustained a near 10 percent growth rate for 30 years and the political narrative that China is an increasingly fragile state, trapped in an incomplete transition from a totalitarian to a democratic market economy. For the first time, in his reading of China, the author consolidates this paradox by inferring that the cause behind both the growth and the political discontent is the politics of China.
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Editorial Reviews

Business India

[The author] has written this book to convey the reader how the Chinese state functions. For this, he has widened the scope of enquiry to include the interaction of China’s economic system with its political system, and made a fairly good job of explaining the past pattern of its development…. Jha has blended the story quite skillfully and it will be worthwhile for one to fully read this book.

IDSA

The incisive analysis of the vulnerabilities of the Chinese economy presented in this book is supported by a mass of statistics and data. Jha’s research is thorough and derives from Western and Chinese studies. Managing Chaos is a serious work. The book is essential reading for those trying to understand the Chinese economic miracle.

Freedom First

The book gives a balanced view of China's politi­cal economy and is highly recommended for China watchers.

Tehelka

I would definitely recommend that you pick up a copy of Jha’s book. Brilliantly researched, it delves deep into both: the country’s economic narrative that helped China sustain a near 10 percent growth rate for more than three decades and the political narrative that China is an increasingly fragile state that remains wrapped in what economists say is nothing but an incomplete transition from a totalitarian to a democratic market economy.

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Product Details

  • ISBN-13: 9788132100768
  • Publisher: SAGE Publications
  • Publication date: 6/3/2009
  • Pages: 204
  • Product dimensions: 5.60 (w) x 8.50 (h) x 0.60 (d)

Meet the Author

Prem Shankar Jha has taught as a Visiting Professor at the Indian Institute of Management Calcutta. He has also been a Visiting Fellow at Nuffi eld College, Oxford, 1976–77; Visiting Fellow of the Centre for International Studies, Harvard University 1995, and of the Fairbank Center for East Asian Research, 2006–07. He has also been Visiting Professor at the University of Virginia (Government department) from 1997 to 2000.

Prem Shankar Jha did an MA in Philosophy, Politics and Economics from Magdalen College, Oxford, UK in 1961. After working for fi ve years for the United Nations Development Programme, in New York, Damascus and Syria, he returned to India to pursue a career in journalism. He has been the Editor of The Economic Times, The Financial Express, and Delhi’s main paper, The Hindustan Times. He was Economic Editor of the Times of India from 1981 to 1986.

In 1990, he was the Information Adviser to the Prime Minister of India, V. P. Singh. Currently, he is a columnist for Outlook; The Hindustan Times, The Deccan Herald and Dainik Bhaskar (Hindi). He is a prolifi c author with many books to his right: India: A Political Economy of Stagnation (1980); In the Eye of the Cyclone: The Crisis in Indian Democracy (1993); A Jobless Future: Political Causes of Economic Crisis (India) (2002); The Perilous Road to the Market: A Political Economy of Reform in Russia, India and China (2002); Kashmir 1947- The Origins of a Dispute (2003). His most recent book, The Twilight of the Nation State: Globalisation Chaos and War was published in 2006, by Pluto Press, London, Sage Publications, India and the University of Michigan Press, Ann Arbour, Michigan, US.

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Table of Contents

Preface
Mixed Feelings
Conflicting Views on China's Development
Double Digit Growth?
'Friction-free' Growth?
'Cadre' Capitalism
Why Purely Economic Remedies Have Not Worked
An Ancient Struggle in a New Guise
Recession and the Birth of Class Conflict
The Emergence of a Predatory State
Retaining the Mandate of Heaven
The Challenge Ahead
Notes
References
Index
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