Institutional Change and Economic Transition: Market-Enhancing Governance, Chinese-Style
AbstractThis study introduces a coherent comparative concept of governance, applies it to China, and elaborates to what extent the Chinese institutional matrix exhibits characteristics of a market-enhancing governance structure (MEGS). It is argued that a subtle interplay of political and economic institutions created a stable and viable politico-institutional foundation which made China's unorthodox transition strategy politically feasible and economically effective. The paper concludes with an assessment of the quality of the overall Chinese governance structure and its expected implications for the future transition process.
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Bibliographic InfoArticle provided by Cattaneo University (LIUC) in its journal The European Journal of Comparative Economics.
Volume (Year): 3 (2006)
Issue (Month): 1 (June)
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market-enhancing governance; transition; institution building; policy reform; China;
Find related papers by JEL classification:
- H70 - Public Economics - - State and Local Government; Intergovernmental Relations - - - General
- H83 - Public Economics - - Miscellaneous Issues - - - Public Administration
- P26 - Economic Systems - - Socialist Systems and Transition Economies - - - Political Economy
- P35 - Economic Systems - - Socialist Institutions and Their Transitions - - - Public Finance
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- Ahrens, Joachim & Stark, Manuel, 2012. "Unabhängige Organisationen in autoritären Regimes: Widerspruch in sich oder effektives Instrument von Developmental States?," PFH Forschungspapiere/Research Papers 2012/09, PFH Private University of Applied Sciences, Göttingen.
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