Incentives and corruption in chinese economic reform
AbstractThis paper argues that, given the legacy of Chinese communism and its political structure, corruption, together with the threat of punishment for corruption and the selective enforcement of this threat, serves as a method of compensation that both satisfies the political objectives of the Communist Party and provides an effective inducement to local officials to promote economic reform.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Journal of Economic Policy Reform.
Volume (Year): 4 (2001)
Issue (Month): 3 ()
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Other versions of this item:
- C. Simon Fan & Herschel I. Grossman, 1998. "Incentives and Corruption in Chinese Economic Reform," Working Papers 98-8, Brown University, Department of Economics, revised Sep 1998.
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