Capitalism from Below

Capitalism from Below

Author: Victor Nee

Publisher: Harvard University Press

Published: 2012-06-19

Total Pages: 450

ISBN-13: 0674065395

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Over 630 million Chinese escaped poverty since the 1980s, the largest decrease in poverty in history. Studying 700 manufacturing firms in the Yangzi region, the authors argue that the engine of China’s economic miracle—private enterprise—did not originate at the top but bubbled up from below, overcoming initial obstacles set up by the government.


Empirical Studies in Institutional Change

Empirical Studies in Institutional Change

Author: Lee J. Alston

Publisher: Cambridge University Press

Published: 1996-07-28

Total Pages: 380

ISBN-13: 9780521557436

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Empirical Studies in Institutional Change is a collection of nine empirical studies by fourteen scholars. Dealing with issues ranging from the evolution of secure markets in seventeenth-century England to the origins of property rights in airport slots in modern America, the contributors analyse institutions and institutional change in various parts of the world and at various periods of time. The volume is a contribution to the new economics of institutions, which emphasises the role of transaction costs and property rights in shaping incentives and results in the economic arena. To make the papers accessible to a wide audience, including students of economics and other social sciences, the editors have written an introduction to each study and added three theoretical essays to the volume, including Douglass North's Nobel Prize address, which reflect their collective views as to the present status of institutional analysis and where it is headed.


Institutions and Institutional Change in China

Institutions and Institutional Change in China

Author: F. Wang

Publisher: Springer

Published: 2016-01-18

Total Pages: 246

ISBN-13: 0230505961

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Wang proposes and applies an innovative analytical framework to study the institutional continuity and changes in China. More specifically, this study examines and explains the peculiar premodernity and the profound modernization process of China. On the track of a state-led modernization, the dragon of China is found to be institutionally entering the nets of the market economy. An inquiry of China's labour allocation patterns and their changes serves as the indicator for the institutional analysis.


The Treaty Port Economy in Modern China

The Treaty Port Economy in Modern China

Author: Ramon Hawley Myers

Publisher:

Published: 2011

Total Pages: 0

ISBN-13: 9781557291547

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"Through eight empirical studies, this volume explores the interplay between institutional change and economic performance in a constructed model of the treaty port economy in late-Qing and Republican China"--Provided by publisher.


Systemic Cycle and Institutional Change

Systemic Cycle and Institutional Change

Author: Josip Lučev

Publisher: Springer Nature

Published: 2021-03-27

Total Pages: 324

ISBN-13: 3030660532

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This book explores endogenous institutional change and the global, cyclical, and power-based drivers that underpin it. A metatheoretical framework is presented to highlight the influence of path dependence, systemic cycle driven power relations, and institutional design on the development of labor institutions. The framework is applied to the USA, Germany, and China to provide a comparative economic perspective. Systemic Cycle and Institutional Change: Labor Markets in the USA, Germany and China aims to examine endogenous institutional change through analyzing the systemic cycle and bringing together global and national conceptions of capitalism. It is relevant to students and researchers interested in comparative economics, political economy, and labor economics.


Remade in China

Remade in China

Author: Scott Wilson

Publisher: Oxford University Press

Published: 2009-09-11

Total Pages: 305

ISBN-13: 0199736758

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Since opening to foreign investment in 1979, China has emerged as the leading investment site for multinational corporations. Remade in China looks beyond the macroeconomic effects of China's investment boom to analyze how foreign investors from the US, Japan, and other nations are shaping China's legal, labor, and business reforms. Wilson draws on interviews with nearly 100 foreign and local managers, attorneys, workers, and members of the business community to explain why Chinese laborers and firms have gravitated toward foreign models, especially US businesses and their institutions. Wilson uses the term "state-guided globalization" to describe how China has used foreign engagement to advance its domestic reform objectives and to enhance its role in international society. Rather than undermining state power, globalization actually has allowed China's state to push through difficult labor and legal reforms. Wilson concludes that Chinese policy makers drew lessons from foreign investors and foreign legal experts on how to introduce difficult labor market reforms in its state-owned enterprises and how to promote rule of law. Remade in China examines globalization and foreign investment in a different light, showing how these developments have helped to chart China's entry into international society. China's WTO accession agreement and international norms have established parameters by which to judge Chinese legal and business reforms. Although China's rise is a grave concern to the world, Remade in China asserts that Chinese leaders now see compliance with international rules as a means to secure more investment and to enhance their international legitimacy. Wilson provides a lucid and insightful analysis of how foreign and domestic actors, from political leaders to average laborers, have contributed to remaking China's institutions.


Institutional Change And Adaptive Efficiency: A Study Of China's Hukou System Evolution

Institutional Change And Adaptive Efficiency: A Study Of China's Hukou System Evolution

Author: Tony J Saich

Publisher: World Scientific

Published: 2023-11-06

Total Pages: 238

ISBN-13: 9811278482

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Since the 1990s, neo-institutionalists have posited that 'institutions matter'. However, they overlook one important issue: the ways institutions change also matters. Numerous academic studies have identified 'good' and 'bad' institutions, but little has been written about effective methods of transforming 'bad' institutions so that they enhance economic performance. To fill this gap, this book reframes the approach of neo-institutional economics to analyze institutions' role and evolution, focusing on the interaction between the household registration (hukou) system evolution and economic transformation.The authors apply an endogenous and dynamic perspective. First, the theory of endogenous institutional change illustrates how the drivers of hukou system evolution differ in the pre-reform and reform eras. Second, the theory of adaptive efficiency evaluates the evolution of the system's institutional efficiency. Finally, the authors were able to test the impact of the hukou reform on urban economic growth by examining local experimentation, helping explain the current 'stickiness' of the system.At the heart of hukou reform lies the question of how to deal with the link between hukou and welfare provision. This book will offer policymakers a better understanding of institutional change in dynamic economic contexts, helping them enhance economic performance.


Social Transformation and State Governance in China

Social Transformation and State Governance in China

Author: Xianglin Xu

Publisher: Springer Nature

Published: 2020-06-08

Total Pages: 285

ISBN-13: 9811540217

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This volume is a selection of Chinese political scholar Xianglin Xu’s published works spanning nearly 20 years of research that explore and discuss the socio-economic transition in China under state political reform. Contextualized within the decades following the 80s, the author analyzes patterns observed from empirical studies, and breaks down the underlining reasoning, conditions and functionalities behind the incremental reform policies pushed forward by the Party and government. The collection is broken up into four sections: the first provides a general framework and theoretical / historical introduction to social transition research in the case of China; the second section discusses the underpinning logic behind political reform in China and practical concerns; the third section follows with discussions on reform policy practices within China including application and trajectory; the final section concludes with an analysis of reform within state institutional infrastructure and policy innovation.


The Rise of the People’s Bank of China

The Rise of the People’s Bank of China

Author: Stephen Bell

Publisher: Harvard University Press

Published: 2013-06-10

Total Pages: 360

ISBN-13: 0674073614

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With $4.5 trillion in total assets, the People’s Bank of China now surpasses the U.S. Federal Reserve as the world’s biggest central bank. The Rise of the People’s Bank of China investigates how this increasingly authoritative institution grew from a Leninist party-state that once jealously guarded control of banking and macroeconomic policy. Relying on interviews with key players, this book is the first comprehensive and up-to-date account of the evolution of the central banking and monetary policy system in reform China. Stephen Bell and Hui Feng trace the bank’s ascent to Beijing’s policy circle, and explore the political and institutional dynamics behind its rise. In the early 1990s, the PBC—benefitting from political patronage and perceptions of its unique professional competency—found itself positioned to help steer the Chinese economy toward a more liberal, market-oriented system. Over the following decades, the PBC has assumed a prominent role in policy deliberations and financial reforms, such as fighting inflation, relaxing China’s exchange rate regime, managing reserves, reforming banking, and internationalizing the renminbi. Today, the People’s Bank of China confronts significant challenges in controlling inflation on the back of runaway growth, but it has established a strong track record in setting policy for both domestic reform and integration into the global economy.