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Economic and Management Education in China: The Pros and Cons of Emulating the US Model

In: Innovation in Business Education in Emerging Markets

Author

Listed:
  • Penelope B. Prime

    (Georgia State University)

Abstract

In the early 1980s, China began its transition away from a planned economic system to a market-oriented economy. Marx and Mao Zedong thought were still taught, but the transition to Paul Samuelson and Michael Porter had begun. Today, three mainland business schools rank in the top global tier of MBA programs (Financial Times, 2012), and the hottest part of the job market at the American Economic Association is the Chinese universities hiring many of the best and brightest new PhDs. In 2007,14 schools attended to recruit 80 faculty positions (Li, 2010), and this market has grown since.

Suggested Citation

  • Penelope B. Prime, 2013. "Economic and Management Education in China: The Pros and Cons of Emulating the US Model," Palgrave Macmillan Books, in: Ilan Alon & Victoria Jones & John R. McIntyre (ed.), Innovation in Business Education in Emerging Markets, chapter 7, pages 113-124, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-29296-4_8
    DOI: 10.1057/9781137292964_8
    as

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