Economic boom, poverty reduction and corruption in China — Yuen Yuen Ang

China has not only achieved impressive economic growth in recent decades, but has also managed to lift hundreds of millions people out of poverty. How was this possible? What role did Chinese institutions, leaders and bureaucrats play in achieving this impressive result? And how and why China has managed to grow so fast for so long despite pervasive corruption?Yuen Yuen Ang is a professor of political science and an expert on China at the University of Michigan. She has written two award-winning books.In her first book, How China Escaped the Poverty Trap (2016), she explains how policymakers in China were able to design national reform packages and were thus able to create an adaptive environment around the bureaucracy. Local governments also played a key role in achieving poverty reduction. Yuen argues that China’s rise was not the result of top-down control, but rather of so-called “directed improvisation” within a single-party regime.Yuen's most recent book is China’s Gilded Age: the Paradox of Economic Boom & Vast Corruption (2020), where she challenges the conventional wisdom that rich countries became rich by first eradicating corruption. She argues that dominant type of corruption in China is not petty bribery or outright looting but access money – that is elite exchanges of power and wealth. Follow Yuen Yuen Ang on TwitterFollow Dan Banik and In Pursuit of Development on Twitter  Host:Professor Dan Banik, Centre for Global Sustainability, University of OsloSubscribe:Apple Spotify YouTubehttps://globaldevpod.substack.com/