The Butterfly Effect in China's Economic Growth

"The Butterfly Effect in China's Economic Growth" is a comprehensive analysis of China's economic development from 1978 to 2018, focusing on the concept of the butterfly effect. The book highlights how a small change, such as the introduction of the market mechanism by Deng Xiaoping, had far-reaching and transformative effects on the Chinese economy. During this period, China experienced remarkable economic growth that improved the living conditions of hundreds of millions of people and made the country the second-largest economy in the world. The author, Wei-Bin Zhang, provides an in-depth examination of the economic structures and political decisions that led to this transformation. The book is aimed at economists, China scholars, and historians who seek to gain a better understanding of the dynamics of economic development in one of the most populous countries in the world.