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INSTITUTIONAL Change as Cultural Change. An Illustration by Chinese Postsocialist Transformation


  • EL KAROUNI, Ilyess


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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  • EL KAROUNI, Ilyess, 2007. "INSTITUTIONAL Change as Cultural Change. An Illustration by Chinese Postsocialist Transformation," MPRA Paper 8739, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:8739

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    References listed on IDEAS

    1. J. Kornai, 2000. "Ten Years After "The Road to a Free Economy": The Author's Self-evaluation," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 12.
    2. Steve Pejovich, 2003. "Understanding the transaction costs of transition: it's the culture, stupid," ICER Working Papers 24-2003, ICER - International Centre for Economic Research.
    3. Greif, Avner, 1994. "Cultural Beliefs and the Organization of Society: A Historical and Theoretical Reflection on Collectivist and Individualist Societies," Journal of Political Economy, University of Chicago Press, vol. 102(5), pages 912-950, October.
    4. Schlicht, Ekkehart, 1998. "On Custom in the Economy," OUP Catalogue, Oxford University Press, number 9780198292241.
    5. Lin, Justin Yifu & Yang, Dennis Tao, 1998. "On the causes of China's agricultural crisis and the great leap famine," China Economic Review, Elsevier, vol. 9(2), pages 125-140.
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    More about this item


    China; institutional change; culture; causality;

    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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