China's Gilded Age
China's Gilded Age

Author: Yuen Yuen Ang

Publisher: Cambridge University Press

Published: 2020-05-28

Total Pages: 275

ISBN-13: 1108802389

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Why has China grown so fast for so long despite vast corruption? In China's Gilded Age, Yuen Yuen Ang maintains that all corruption is harmful, but not all types of corruption hurt growth. Ang unbundles corruption into four varieties: petty theft, grand theft, speed money, and access money. While the first three types impede growth, access money - elite exchanges of power and profit - cuts both ways: it stimulates investment and growth but produces serious risks for the economy and political system. Since market opening, corruption in China has evolved toward access money. Using a range of data sources, the author explains the evolution of Chinese corruption, how it differs from the West and other developing countries, and how Xi's anti-corruption campaign could affect growth and governance. In this formidable yet accessible book, Ang challenges one-dimensional measures of corruption. By unbundling the problem and adopting a comparative-historical lens, she reveals that the rise of capitalism was not accompanied by the eradication of corruption, but rather by its evolution from thuggery and theft to access money. In doing so, she changes the way we think about corruption and capitalism, not only in China but around the world.

Red Roulette
Red Roulette

Author: Desmond Shum

Publisher: Simon and Schuster

Published: 2021-09-07

Total Pages: 320

ISBN-13: 1982156155

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"THE BOOK CHINA DOESN'T WANT YOU TO READ."--CNN​ A riveting insider's story of how the Party and big money work in China today, by a man who, with his wife, Whitney Duan, rose to the zenith of power and wealth--and then fell out of favor. She was disappeared four years ago. News of this book led to a phone call from Whitney, proof that she's alive. As Desmond Shum was growing up impoverished in China, he vowed his life would be different. Through hard work and sheer tenacity he earned an American college degree and returned to his native country to establish himself in business. There, he met his future wife, the highly intelligent and equally ambitious Whitney Duan who was determined to make her mark within China's male-dominated society. Whitney and Desmond formed an effective team and, aided by relationships they formed with top members of China's Communist Party, the so-called red aristocracy, he vaulted into China's billionaire class. Soon they were developing the massive air cargo facility at Beijing International Airport, and they followed that feat with the creation of one of Beijing's premier hotels. They were dazzlingly successful, traveling in private jets, funding multi-million-dollar buildings and endowments, and purchasing expensive homes, vehicles, and art. But in 2017, their fates diverged irrevocably when Desmond, while residing overseas with his son, learned that his now ex-wife Whitney had vanished along with three coworkers. This is both Desmond's story and Whitney's, because she has not been able to tell it herself.

Double Paradox
Double Paradox

Author: Andrew H. Wedeman

Publisher: Cornell University Press

Published: 2012-03-15

Total Pages: 273

ISBN-13: 0801464749

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According to conventional wisdom, rising corruption reduces economic growth. And yet, between 1978 and 2010, even as officials were looting state coffers, extorting bribes, raking in kickbacks, and scraping off rents at unprecedented rates, the Chinese economy grew at an average annual rate of 9 percent. In Double Paradox, Andrew Wedeman seeks to explain why the Chinese economy performed so well despite widespread corruption at almost kleptocratic levels. Wedeman finds that the Chinese economy was able to survive predatory corruption because corruption did not explode until after economic reforms had unleashed dynamic growth. To a considerable extent corruption was also a by-product of the transfer of undervalued assets from the state to the emerging private and corporate sectors and a scramble to capture the windfall profits created by their transfer. Perhaps most critically, an anti-corruption campaign, however flawed, has proved sufficient to prevent corruption from spiraling out of control. Drawing on more than three decades of data from China—as well as examples of the interplay between corruption and growth in South Korea, Taiwan, Equatorial Guinea, and other nations in Africa and the Caribbean—Wedeman cautions that rapid growth requires not only ongoing and improved anticorruption efforts but also consolidated and strengthened property rights.

How China Escaped the Poverty Trap
How China Escaped the Poverty Trap

Author: Yuen Yuen Ang

Publisher: Cornell University Press

Published: 2016-09-06

Total Pages: 345

ISBN-13: 1501706403

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WINNER OF THE 2017 PETER KATZENSTEIN BOOK PRIZE "BEST OF BOOKS IN 2017" BY FOREIGN AFFAIRS WINNER OF THE 2018 VIVIAN ZELIZER PRIZE BEST BOOK AWARD IN ECONOMIC SOCIOLOGY "How China Escaped the Poverty Trap truly offers game-changing ideas for the analysis and implementation of socio-economic development and should have a major impact across many social sciences." ― Zelizer Best Book in Economic Sociology Prize Committee Acclaimed as "game changing" and "field shifting," How China Escaped the Poverty Trap advances a new paradigm in the political economy of development and sheds new light on China's rise. How can poor and weak societies escape poverty traps? Political economists have traditionally offered three answers: "stimulate growth first," "build good institutions first," or "some fortunate nations inherited good institutions that led to growth." Yuen Yuen Ang rejects all three schools of thought and their underlying assumptions: linear causation, a mechanistic worldview, and historical determinism. Instead, she launches a new paradigm grounded in complex adaptive systems, which embraces the reality of interdependence and humanity's capacity to innovate. Combining this original lens with more than 400 interviews with Chinese bureaucrats and entrepreneurs, Ang systematically reenacts the complex process that turned China from a communist backwater into a global juggernaut in just 35 years. Contrary to popular misconceptions, she shows that what drove China's great transformation was not centralized authoritarian control, but "directed improvisation"—top-down directions from Beijing paired with bottom-up improvisation among local officials. Her analysis reveals two broad lessons on development. First, transformative change requires an adaptive governing system that empowers ground-level actors to create new solutions for evolving problems. Second, the first step out of the poverty trap is to "use what you have"—harnessing existing resources to kick-start new markets, even if that means defying first-world norms. Bold and meticulously researched, How China Escaped the Poverty Trap opens up a whole new avenue of thinking for scholars, practitioners, and anyone seeking to build adaptive systems.

China’s Crony Capitalism
China’s Crony Capitalism

Author: Minxin Pei

Publisher: Harvard University Press

Published: 2016-10-03

Total Pages: 376

ISBN-13: 0674737296

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China’s efforts to modernize yielded a kleptocracy characterized by corruption, wealth inequality, and social tensions. Rejecting conventional platitudes about the resilience of Party rule, Minxin Pei gathers unambiguous evidence that beneath China’s facade of ever-expanding prosperity and power lies a Leninist state in an advanced stage of decay.

Corruption in Transitional China
Corruption in Transitional China

Author: Qingli Meng

Publisher: Wolf Legal Publishers

Published: 2013

Total Pages: 0

ISBN-13: 9789462400023

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This is an invaluable and informative study for anyone interested in corruption issues and anti-corruption policies, not only in China but applicable elsewhere. The book is the first-ever work offering quantitative and qualitative analyses of the manifestation and determinants of corruption throughout China between 1979 and 2012. Among other observations, the evolutionary process in the nature and forms of corruption are closely related to changes in the Chinese government's economic and fiscal policies. Comprehensive in scope, the book can be used as a reference work while parts of it read like a novel as the author illustrates types of corruption with typical cases. Covering all 31 provinces of China, the study is based on years of personal painstaking research by the author to gather 33 years' worth of data, from Procuratorate Year Books and Working Reports, as well as other official announcements and proclamations by the central government agencies. The book clearly identifies three stages of social, economic, and political evolution, as well as three stages of corruption, each having identifiable patterns with different dominant corruption types and law enforcement anti-corruption effects.

America Second
America Second

Author: Isaac Stone Fish

Publisher: Knopf

Published: 2022-02-15

Total Pages: 289

ISBN-13: 0525657711

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A timely, provocative exposé of American political and business leadership’s deep ties to China: a network of people who believe they are doing the right thing—at a profound and often hidden cost to U.S. interests. The past few years have seen relations between China and the United States shift, from enthusiastic economic partners, to wary frenemies, to open rivals. Americans have been slow to wake up to the challenges posed by the Chinese Communist Party. Why did this happen? And what can we do about it? In America Second, Isaac Stone Fish traces the evolution of the Party’s influence in America. He shows how America’s leaders initially welcomed China’s entry into the U.S. economy, believing that trade and engagement would lead to a more democratic China. And he explains how—although this belief has proved misguided--many of our businesspeople and politicians have become too dependent on China to challenge it. America Second exposes a deep network of Beijing’s influence in America, built quietly over the years through prominent figures like former secretaries of state Henry Kissinger and Madeleine Albright, Disney chairman Bob Iger, and members of the Bush family. And it shows how to fight that influence–without being paranoid, xenophobic, or racist. This is an authoritative and important story of corruption and good intentions gone wrong, with serious implications not only for the future of the United States, but for the world at large.

Cadres and Corruption
Cadres and Corruption

Author: Xiaobo Lü

Publisher: Stanford University Press

Published: 2000

Total Pages: 388

ISBN-13: 0804764484

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The most up-to-date and comprehensive analysis of corruption and change in the Chinese Communist Party, "Cadres and Corruption" reveals the long history of the party's inability to maintain a corps of committed and disciplined cadres. Contrary to popular understanding of China's pervasive corruption as an administrative or ethical problem, the author argues that corruption is a reflection of political developments and the manner in which the regime has evolved. Based on a wide range of previously unpublished documentary material and extensive interviews conducted by the author, the book adopts a new approach to studying political corruption by focusing on organizational change within the ruling party. In so doing, it offers a fresh perspective on the causes and changing patterns of official corruption in China and on the nature of the Chinese Communist regime. By inquiring into the developmental trajectory of the party's organization and its cadres since it came to power in 1949, the author argues that corruption among Communist cadres is not a phenomenon of the post-Mao reform period, nor is it caused by purely economic incentives in the emerging marketplace. Rather, it is the result of a long process of what he calls organizational involution that began as the Communist party-state embarked on the path of Maoist "continuous revolution." In this process, the Chinese Communist Party gradually lost its ability to sustain officialdom with either the Leninist-cadre or the Weberian-bureaucratic mode of integration. Instead, the party unintentionally created a neotraditional ethos, mode of operation, and set of authority relations among its cadres that have fostered official corruption.

Narrating China's Governance
Narrating China's Governance

Author: Department of Commentary People's Daily

Publisher: Springer Nature

Published: 2019-11-20

Total Pages: 282

ISBN-13: 9813291788

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This open access book captures and elaborates on the skill of storytelling as one of the distinct leadership features of Xi Jinping, the General Secretary of the Communist Party of China and the President of the People’s Republic of China. It gathers the stories included in Xi’s speeches on various occasions, where they conveyed the essence of China’s history and culture, its reform and development, and the principles of China’s participating in global governance and cooperating with other countries to build a community of common destiny. The respective stories not only convey abstract and profound concepts of governance in comparatively straightforward language, but also create an immediate emotional connection between the narrator and the listener. In addition to the original stories, extensive additional materials are provided to convey the original context in which each was told, including when and to whom Xi told it, helping readers attain a deeper, intuitive understanding of their relevance.