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Welcome to the IEA Podcast. The Institute of Economic Affairs is the UK’s original free market think tank, founded in 1955. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems. Given the current economic challenges facing Britain and the wider global environment, it is more vital than ever that we promote the intellectual case for a free economy, low taxes, freedom in education, health and welfare and lower levels of regulation. We hope you enjoy listening!
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Friday Dec 03, 2021
Explaining China‘s Economic Miracle
Friday Dec 03, 2021
Friday Dec 03, 2021
The so called ‘Chinese economic miracle’ has been analysed by economists for decades. How was China, with 88 percent of it's population living in extreme poverty as recently as 1981, able to reduce this rate to less than one percent? Never in the history of the world have so many hundreds of millions of people risen from abject poverty to the middle class in such a short time.
To discuss the Chinese economic miracle, IEA Communications and Public Affairs Officer Kieran Neild-Ali was joined by Dr Rainer Zitelmann, a historian and sociologist. He is also a world-renowned author, successful businessman and real estate investor. He wrote for the IEA Blog on the Chinese economic miracle earlier this month, which you can read here.
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