IDEAS home Printed from https://ideas.repec.org/a/bpj/ordojb/v63y2012i1p129-134n11.html
   My bibliography  Save this article

Ergänzende Anmerkungen zum chinesischen Wunder / Some Supplementary Comments on the Chinese Miracle

Author

Listed:
  • Weede Erich

Abstract

Feng, Ljungwall and Guo have demonstrated how the expansion of economic freedom contributed to persistent and rapid economic growth in China. Here, four additional items are discussed. First, the extreme restrictions of economic freedom before the reforms, under Mao and during the ‘great leap forward’, led China into catastrophe. Second, China′s economic performance should not only be explained by domestic determinants, but also by external determinants, in particular the advantages of backwardness which result from economic freedom in the West. Third, China′s economic performance since the reforms remains a ‘miracle’, because the Chinese economy does so well in spite of so insecure property rights and so little rule of law. Fourth, the one child policy may be regarded as the last ‘victory’ of social planning. It forebodes major problems.

Suggested Citation

  • Weede Erich, 2012. "Ergänzende Anmerkungen zum chinesischen Wunder / Some Supplementary Comments on the Chinese Miracle," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 63(1), pages 129-134, January.
    • Handle: RePEc:bpj:ordojb:v:63:y:2012:i:1:p:129-134:n:11
    DOI: 10.1515/ordo-2012-0111
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/ordo-2012-0111
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/ordo-2012-0111?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Weede, Erich, 2012. "Freiheit und Verantwortung, Aufstieg und Niedergang," Beiträge zur Ordnungstheorie und Ordnungspolitik, Mohr Siebeck, Tübingen;Walter Eucken Institut, Freiburg, Germany, edition 1, volume 127, number urn:isbn:9783161518331.
    2. Erich Weede, 2008. "Asia’s Giants in the World Economy: China and India," Chapters, in: Andreas Bergh & Rolf Höijer (ed.), Institutional Competition, chapter 10, Edward Elgar Publishing.
    3. Weingast, Barry R, 1995. "The Economic Role of Political Institutions: Market-Preserving Federalism and Economic Development," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 11(1), pages 1-31, April.
    4. Huang,Yasheng, 2008. "Capitalism with Chinese Characteristics," Cambridge Books, Cambridge University Press, number 9780521898102.
    5. Weede, Erich, 2012. "Freiheit und Verantwortung, Aufstieg und Niedergang," Beiträge zur Ordnungstheorie und Ordnungspolitik, Mohr Siebeck, Tübingen;Walter Eucken Institut, Freiburg, Germany, edition 1, volume 127, number urn:isbn:9783161520914.
    6. Meltzer, Allan H., 2012. "Why Capitalism?," OUP Catalogue, Oxford University Press, number 9780199859573.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Weede Erich, 2015. "Von Hayek lernen: Wissen und Freiheit, Recht und Gesetzgebung / Learning from Hayek: Knowledge and Liberty, Law and Legislation," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 66(1), pages 81-96, January.
    2. Zhang Wei & Li Ji, 2017. "Weak Law v. Strong Ties: An Empirical Study of Business Investment, Law and Political Connections in China," Review of Law & Economics, De Gruyter, vol. 13(1), pages 1-45, March.
    3. Paul Minard, 2020. "Institutions and China's comparative development," Papers 2001.02804, arXiv.org.
    4. Harris,Colin & Cai,Meina & Murtazashvili,Ilia & Murtazashvili,Jennifer Brick, 2020. "The Origins and Consequences of Property Rights," Cambridge Books, Cambridge University Press, number 9781108969055.
    5. Peter Bernholz, 2013. "The Slow and Hidden Road to Serfdom," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 14(02), pages 61-74, August.
    6. Peter Bernholz, 2013. "The Slow and Hidden Road to Serfdom," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 14(2), pages 61-74, August.
    7. Du, Jun & Mickiewicz, Tomasz, 2016. "Subsidies, rent seeking and performance: Being young, small or private in China," Journal of Business Venturing, Elsevier, vol. 31(1), pages 22-38.
    8. Eric Ip & Michael Law, 2011. "Decentralization, agency costs, and the new economic constitution of China," Constitutional Political Economy, Springer, vol. 22(4), pages 355-372, December.
    9. Weede Erich, 2012. "Wahrheit und Gewissheit; Klimaschutz und Politik / Truth and Certainty; Stabilizing the Climate and Politics," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 63(1), pages 385-402, January.
    10. Wubiao Zhou, 2014. "Regional institutional development, political connections, and entrepreneurial performance in China’s transition economy," Small Business Economics, Springer, vol. 43(1), pages 161-181, June.
    11. Haucap, Justus & Lange, Mirjam R. J. & Wey, Christian, 2012. "Nemo Omnibus Placet: Exzessive Regulierung und staatliche Willkür," DICE Ordnungspolitische Perspektiven 27, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    12. Septimiu-Rares SZABO, 2017. "The Empirical Relationship Between Fiscal Decentralization And Economic Growth: A Review Of Variables, Models And Results," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 9(2), pages 47-66, June.
    13. Ardanaz, Martín & Leiras, Marcelo & Tommasi, Mariano, 2012. "The Politics of Federalism in Argentina: Implications for Governance and Accountability," IDB Publications (Working Papers) 3977, Inter-American Development Bank.
    14. Kessing, Sebastian G. & Konrad, Kai A. & Kotsogiannis, Christos, 2006. "Federal tax autonomy and the limits of cooperation," Journal of Urban Economics, Elsevier, vol. 59(2), pages 317-329, March.
    15. William T. Allen & Han Shen, 2011. "Assessing China's Top-Down Securities Markets," NBER Working Papers 16713, National Bureau of Economic Research, Inc.
    16. Fiorino, Nadia & Galli, Emma, 2010. "An analysis of the determinants of corruption: Evidence from the Italian regions," POLIS Working Papers 148, Institute of Public Policy and Public Choice - POLIS.
    17. Guo Chen & Amy K Glasmeier & Min Zhang & Yang Shao, 2016. "Urbanization and Income Inequality in Post-Reform China: A Causal Analysis Based on Time Series Data," PLOS ONE, Public Library of Science, vol. 11(7), pages 1-16, July.
    18. Cao, Chunfang & Li, Xiaoyang & Xia, Changyuan, 2021. "The complicit role of local government authorities in corporate bribery: Evidence from a tax collection reform in China," China Economic Review, Elsevier, vol. 65(C).
    19. Ribstein Larry E., 2005. "Cross-Listing and Regulatory Competition," Review of Law & Economics, De Gruyter, vol. 1(1), pages 97-148, April.
    20. Fischer, Justina AV & Schneider, Friedrich, 2007. "Protestantism and Government Spending: a Negative Relationship? An Empirical Application to Swiss Cantons," SSE/EFI Working Paper Series in Economics and Finance 685, Stockholm School of Economics.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:ordojb:v:63:y:2012:i:1:p:129-134:n:11. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.