Demystifying the Chinese Miracle: The Rise and Future of Relational Capitalism

Demystifying the Chinese Miracle: The Rise and Future of Relational Capitalism

《Demystifying the Chinese Miracle: The Rise and Future of Relational Capitalism》是Routledge出版的圖書,作者是Wang Yongqin

基本介紹

  • 中文名:Demystifying the Chinese Miracle: The Rise and Future of Relational Capitalism
  • 作者:Wang Yongqin
  • 出版時間:2013年8月9日
  • 出版社:Routledge
  • 頁數:144 頁
  • ISBN:9780415681070
  • 裝幀:Hardcover
  • 原作品:大轉型:互聯的關係型契約理論與中國奇蹟
  • 叢書:Routledge Studies in the Modern World Economy
  • 售價:160.00 USD
內容簡介
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 an...展開全部) 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". 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 m...

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