Culture of a society reflects its social values. So, through Chinese experience, we want to show that institutional change is not only an economic or a political process but fundamentally a cultural one. It is therefore based on a change in values and mentalities. Like in a chemical reaction, we discern initial conditions, factors which triggered the reaction, catalysts and elements of synthesis. Chinese institutional change per se derived from a cultural shock induced by the Chinese economic, political and cultural opening which acts as trigger. The remain paper deals with the other elements of the process.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
8739.
Find related papers by JEL classification: P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform Z10 - Other Special Topics - - Cultural Economics - - - General P51 - Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
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