Right time for China’s ‘common prosperity’ drive (Cai Fang, East Asia Forum)

September 19, 2021

Two hands run the Chinese economy, the market and the government. Market forces overwhelmingly allocate resources, after getting prices and incentives right. Government regulates competition, corrects market failures and safeguards fairness of distribution. China’s political leadership proposes and frames principal policy concepts to signal new policy directions to the people and direct various levels of government on policy priorities.

Right time for China’s ‘common prosperity’ drive | East Asia Forum

Marco Emanuele

Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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