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China's Age of Abundance

Author(s): Feng Wang

ISBN: 9781009444927
Publication Date: 4/4/24
Pages: 272
Format: Paperback
Regular price £25.99 GBP
Regular price Sale price £25.99 GBP

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Between the 1980s and the present day, China has experienced one of the most consequential economic transformations in world history. One-fifth of the Earth's population has left behind a life of scarcity and subsistence for one of abundance and material comfort, while their nation has emerged as a preeminent economic and political power. In a systematic historical and sociological analysis of this unique juncture, Wang Feng charts the origins, forces, and consequences of this meteoric rise in living standards. He shifts the focus away from institutions and policies to offer new perspectives based on consumption among poorer, rural populations as a driver of global economic change. But is this 'Age of Abundance' coming to an end? Anticipating potential headwinds, including an aging population, increasing inequality, and intensifying political control, Wang explores whether this preeminence could be coming to a close.

  • A richly detailed case study of China's economic transformation
  • Analyzes the origins and forces of economic boom and social inequality
  • Situates China's experience in a comparative global context