To save content items to your account,
please confirm that you agree to abide by our usage policies.
If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account.
Find out more about saving content to .
To save content items to your Kindle, first ensure firstname.lastname@example.org
is added to your Approved Personal Document E-mail List under your Personal Document Settings
on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part
of your Kindle email address below.
Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations.
‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi.
‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
On 9 August 1945 the United States dropped an atomic bomb on Nagasaki, a port city of Japan. Sumiteru Taniguchi was sixteen at the time, delivering post about a mile from ground zero. The force of the explosion threw him from his bicycle, melting his cotton shirt and searing the skin off his back and one arm. But Taniguchi survived, one of the fortunate few who did. Many thousands in Nagasaki and Hiroshima, the first city to be bombed, were not as fortunate. Japan surrendered six days later, thereby ending the Second World War.
Just like Taniguchi, who would become a lifelong advocate for the prohibition of nuclear weapons, Japan was left badly scarred after the war. But to understand the extent of the devastation, it helps to briefly discuss what came before the Second World War.
The introduction first provides the general background and motivation for the book. Catching up to America was an explicit development goal for China set by Mao Zedong in the 1950s. But Mao’s approach to economic development ended in disaster. Since 1978 when Deng Xiaoping launched economic reform, China has experienced arguably the most rapid economic rise in world history. The introduction then raises the main questions to be addressed in the book. What has led to China’s rapid economic rise? When may China overtake the United States to become the largest economy? Is there a China model of development that can be emulated by other developing countries? Why is China’s economy slowing down? Will deteriorating US–China relations slow it down even further? The introduction then points out that the real puzzle with Chinese growth is not why China has grown faster than all developed countries, but why it has grown so much faster than other low- and middle-income developing countries. Next, it lays out the content and structure of the book chapter by chapter. Lastly, it describes the global comparative perspective the book has adopted in its analysis of China’s economic rise.
In contrast to a widespread view that wealth creation is only a productive process followed by the distribution of wealth, the chapter emphasizes that the generation of wealth includes a distributive dimension, which permeates all of its stages from the preconditions to the generation process, the outcome and the use for and allocation within consumption and investment. The productive and the distributive dimension are inseparably connected. The chapter highlights the importance of the distributive dimension by briefly reviewing three important books on inequality: Piketty (2014), Stiglitz (2012) and Wilkinson & Pickett (2009). The eight High-Performing Asian Economies (Japan, Hong Kong, Republic of Korea, Singapore, Taiwan, Indonesia, Malaysia and Thailand) created “The East Asian Miracle” from 1960 to 1990 and can illustrate how the productive and distributive dimensions of economic growth are closely interconnected.
Email your librarian or administrator to recommend adding this to your organisation's collection.