How China Escaped the Poverty Trap by Yuen Yuen Ang

Please visithttps://thebookvoice.com/podcasts/2/audible/41327to listen full audiobooks. Title: How China Escaped the Poverty Trap Author: Yuen Yuen Ang Narrator: Catherine Ho Format: mp3 Length: 11 hrs and 50 mins Release date: 11-22-22 Ratings: 4.5 out of 5 stars, 12 ratings Genres: Economics Publisher's Summary: How can poor and weak societies escape poverty traps? Political economists have traditionally offered three answers: "stimulate growth first," "build good institutions first," or "some fortunate nations inherited good institutions that led to growth." Yuen Yuen Ang rejects all three schools of thought and their underlying assumptions: linear causation, a mechanistic worldview, and historical determinism. Instead, she launches a new paradigm grounded in complex adaptive systems, which embraces the reality of interdependence and humanity's capacity to innovate.

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