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Review of Isabella M. Weber, How China Escaped Shock Therapy

Routledge, May 2021.

Isabella M. Weber’s “How China Escaped Shock Therapy” is a painstakingly researched but fundamentally flawed account of one key thread of the economic reform debates that took place in China during the 1980’s. For those who are already familiar with those debates it is a useful and often engrossing account of the nitty gritty details of the process by which price policy was determined. For those who are not familiar, the flawed underlying argument of the book poses the risk of creating considerable misunderstanding.

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PAST Book Launch: How China Escaped Shock Therapy

When:  27 May 2021, 2:00-3:30pm US EDT(GMT-4)

Author:  Isabella M. Weber, University of Massachusetts Amherst

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