Format:
1 online resource (144 pages)
Edition:
1st ed.
ISBN:
9780415681070
,
9781135015053
Content:
The book attempts to explain China's phenomenal economic miracle and to predict its future through a theoretical framework which accounts for the dynamic relationship between economic development and institutions. It unravels China's economic miracle in light of the theory introduced. The book presents the theory of interlinked relational contract, the workhorse model of the book. The theory highlights that effective governance is a function of market extent and market completeness
Note:
Cover -- Demystifying the Chinese Miracle -- Title Page -- Copyright Page -- Table of Contents -- List of figures and tables -- Acknowledgements -- 1 Introduction -- Motivations and questions -- Contributions and conclusions -- Structure of the book -- 2 Interlinking markets, relational contracts and economic transition -- Single-market relational contracts: a benchmark case -- Interlinking markets and relational contracts -- Relational contracts and the underlying mechanism of economic transition: China versus Russia -- Concluding remarks -- 3 Markets, contracts and economic growth -- Market expansion decision and economic growth -- Capital accumulation, economic growth and market expansion -- Transaction cost, factor complementarity and growth: the past and the present -- By way of conclusion: market size, division of labor and contractual forms -- 4 Interlinked contracts and development: where do we stand? -- Contractual structure in a traditional society -- The rationale and advantages of interlinked contracts -- Limitations of interlinked contracts -- Concluding remarks: development and dynamics of interlinked relational contracts -- 5 Unraveling the Chinese miracle: a perspective of interlinked relational contracts -- Economic development and governance: an analytical framework -- The township and village enterprise as an interlinked contract -- Reform in the financial sector reconsidered -- Reform of state-owned enterprises reconsidered -- Concluding remarks -- 6 The East Asian Development Model reconsidered with implications for China -- State and economic development: industrial policies as an interlinked relational contract -- How industrial policies were implemented -- Law, social norm and economic development -- Transition of the East Asian Developmental Model -- General lessons from the EADM
,
7 Costs and benefits of relational contracting in China's transition -- Relational society in China: a historical account -- The role of relational governance in China's transition -- The role of relational governance in transition: a theoretical summary -- Economic development and the gradual dismantling of relational governance -- Concluding remarks -- Notes -- References -- Index
Additional Edition:
Print version Yongqin, Wang Demystifying the Chinese Miracle Oxford : Taylor & Francis Group,c2013 ISBN 9780415681070
Language:
English
Keywords:
Electronic books
URL:
FULL
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