Reviews 221 Peter Nolan. China's Rise, Russia's Fall: Politics, Economics and Planning in the Transition from Stalinism. New York: St. Martin's Press, 1995. x, 360 pp. Hardcover $45.00, isbn 0-312-12714-6. This book is part of an increasingly significant trend in writing fhat regards China's incremental economic reforms as far more successful than the "big bang" or "shock therapy" approaches tried in Eastern Europe and the former Soviet Union. Peter Nolan rejects the minimalist role assigned to the state by free-market economists, sharing the view prominent in the literature on East Asian development that a strong state must be able to subordinate group interests to the national interest. The transition from a command to a market economy does not consist simply of relinquishing control; it must, in Nolan's view, be guided and planned ifit is to be successful. Nolan, it is important to note, goes beyond a general defense of fhe strong state in that he offers an unblushing defense in particular of Communist Party rule in China as essential to the project of reform. The case for this thesis was made several years ago in Wüliam Overholt's The Rise ofChina; here it is made in the form of
China Review International – University of Hawai'I Press
Published: Mar 30, 1997
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