Unmaking China's Development: The Function and Credibility of Institutions - Image 1

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Cambridge University Press Unmaking China's Development: The Function and Credibility of Institutions

Name: Unmaking China's Development: The Function and Credibility of Institutions
Brand: Cambridge University Press
Price: 45.0 GBP
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Why would the removal of authoritarian institutions in some developing countries lead to sustained socio-economic crisis, while others experience explosive growth despite 'persisting' informal, insecure and rent-seeking institutional arrangements? A key to solving this enigma lies in understanding China, a country where the paradoxes of development are highly visible. Peter Ho argues that understanding China's economy necessitates an analytical refocusing from Form to Function, detached from normative assumptions about institutional appearance and developing instead a 'Credibility Thesis'. In this reading, once institutions endogenously emerge and persist through actors' conflicting interactions, they are credible. Ho develops this idea theoretically, methodologically, and empirically by examining institutions around the sector that propelled, yet, simultaneously destabilizes development: real estate - land, housing and natural resources. Ho shows how this sector can further both our understanding of institutions and issues of capital, labor, infrastructure and technology.

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Brand: Cambridge University Press
Format: hardcover
ASIN: 1107094100
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 26 October 2017
Listed Since: 01 March 2017

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Cambridge University Press Unmaking China's Development: The Function and Credibility of Institutions

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