How China’s Development Success and Innovative Economic Thinking Contribute to the Global Development
By Grzegorz W. Kolodko  Publisher: Prunus Press USA
Paper Back
2022-05-01 | ISBN: 9781616121518
Rights Manager: Zhou Jia
Phone: 65856782

Chinism, a term coined by Grzegorz W. Kołodko, encapsulates the dynamic fusion of  two powerful regulatory forces across economic, social, and political landscapes: state power (i.e., the “visible hand”) and the market (i.e., the “invisible hand”). The synergistic interaction between the two regulatory forces, coupled with an elite political system that emphasizes rational decision-making, has the capacity to catalyze historic leaps in the development of civilization.