Synopses & Reviews
This book focuses on China's rural industries, offering an innovative, theoretical framework to explain insitutional change. Susan Whiting explores the complex interactions of individuals, institutions, and the broader political economy to examine variation and change in property rights and extractive institutions in China's rural industrial sector. Whiting explains why public ownership predominated during the early years of reform and why privatization is now taking place. This book will be of interest not only to students and scholars of Chinese economic development, but also of comparative politics and political economy more generally.
Focuses on China's rural industries, offering an innovative, theoretical framework to explain institutional change.
This study focuses on China's rural industries, offering a theoretical framework to explain institutional change.
Table of Contents
List of maps, figures, and tables; Preface; 1. Explaining institutional change; 2. The Maoist legacy in rural industry; 3. Incentive structures and local cadre behavior; 4. Incentives, constraints, and the evolution of property rights; 5. Statis and change in extractive institutions; 6. Credit allocation and collective organizational structures; 7. The political economy of institutional change; Appendix; Bibliography; Index.