In This Review
China's Modern Economy in Historical Perspective

China's Modern Economy in Historical Perspective

Edited by Dwight H. Perkins

Stanford University Press, 1975, 344 pp.

An interesting collection of papers argues that Chinese historical experience and the Chinese cultural value system have facilitated economic growth-on the mainland, with its revolution, and equally in Hong Kong, Thailand, and Taiwan without one. (Ironically, it was only 15 years ago that the same factors were being used to explain the lack of development in China.)