Demystifying the Chinese Miracle: The Rise and Future of Relational Capitalism 在线电子书 图书标签: 英文原版 经济学 社会学 海外中国研究 政治学 当代中国 2013 社会运动
发表于2024-12-22
Demystifying the Chinese Miracle: The Rise and Future of Relational Capitalism 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024
Yongqin Wang is currently Associate Professor at the China Center for Economic Studies (CCES), Fudan University, and has held visiting position at Yale University (2008-2010). He received his Phd in Economics from Fudan University in 2004 and has also visited Queen’s University (Kingston, Canada) and IDEI, University of Toulouse 1 (Toulouse, France) as a visiting scholar. His main research interests include microeconomic theory, financial economics, development economics, and Chinese economy.
The last three decades has witnessed miraculous economic growth of China. What has accounted for its miracle? What is the nature and future of the Chinese model? Is it unique?
This book presents an analytical framework to demystify China's economic growth miracle. The book suggests that interlinked and relational contracts between the agents (in particular, between the state and the business) can compensate for flawed markets to achieve high growth. This kind of relational capitalism is significant in the investment-based stage of development, when mobilization of resources to exploit the existing technologies is key for growth.
The book presents a general 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. The process of economic development and modernization can be looked at fruitfully from two perspectives: the markets and the institutions and their interactions. The book stresses the critical fit between the development stage and the governance for a country's economic transition and development and thus the idea of "appropriate institutions".
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Demystifying the Chinese Miracle: The Rise and Future of Relational Capitalism 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024