TY - BOOK AU - Wen,Tiejun ED - SpringerLink (Online service) TI - Ten Crises: The Political Economy of China's Development (1949-2020) T2 - Global University for Sustainability Book Series, SN - 9789811604553 U1 - 330.9 23 PY - 2021/// CY - Singapore PB - Springer Nature Singapore, Imprint: Palgrave Macmillan KW - Economic history KW - Finance, Public KW - Development economics KW - Econometrics KW - Macroeconomics KW - Economy-wide Country Studies KW - Public Economics KW - Economic History KW - Development Economics KW - Quantitative Economics KW - Macroeconomics and Monetary Economics N1 - Chapter 1: The First Crisis 1949-1950 -- Chapter 2: The Second to Fourth Crises 1958-1976 -- Chapter 3: The Fifth to Seventh Crises 1978-1996 -- Chapter 4: The Eighth and Ninth Crises 1997 and 2008 -- Chapter 5: The Tenth Crisis 2013-the present; Open Access N2 - This open access book contextualizes China's 70 years of contemporary history against one coherent backdrop: a late developing country endeavoring at all costs to industrialize, whether it was in the name of socialism or capitalism. This path is even more complicated by China's getting caught in the geo-political confrontation of two superpowers in the 20th century: the Soviet Union and the USA. The author argues that China could only cope with these costs by internalizing them. As one of the leading scholars of agrarian issues in China, the author emphasizes the role of rural sector having been a source of surplus extraction for industrialization and the receptor of cost of development being transferred by the urban sector. This book is the first volume of the Global University for Sustainability Book Series published with Palgrave Macmillan UR - https://doi.org/10.1007/978-981-16-0455-3 ER -