The forces of globalization have transformed the world economically, but in the West politics is becoming increasingly fractured as living standards stagnate for all but the very wealthy. As a result, alienation and nationalism are on the rise. China, in the meantime, has become the most powerful economy in the world from the same forces of globalization which have imprisoned the west. Here, Grzegorz W. Kolodko parses the economic system in China and brings his uniquely clear and far sighted analysis to bear on the global economy. Through a qualitative and extensive quantitative economic analysis of the global economy, and it's tilt towards Asia, Kolodko offers prescriptions on how the west can learn from China's approach, and make globalization work for citizens once more. An essential book for scholars and students of political economy, from one of the West's most authoritative scholars and practitioners.
Meh ... no clear introduction and the author refers to “the South African Republic” (p13) when the standard way to refer to the country is “South Africa”. I can’t take anyone seriously who can’t get this basic thing right. I felt lost from the intro to the author launching into chapter 1 so I stopped reading and I will be sending the book back and asking for a refund.
It wasn’t what I was looking for and the writing wasn’t very engaging. It read much more like a thesis, which shouldn’t be a surprise but I was looking for something that might teach me more about China, rather than Economics.
I found the book not very informative. It was pro-china, pro regulated economies, anti West, anti Trump without any explainations. Stating an opinion is fine but it needs to describe why.