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Between Politics and Markets

Between Politics and Markets - 93 edition

ISBN13: 978-0511034244

Cover of Between Politics and Markets 93 (ISBN 978-0511034244)
ISBN13: 978-0511034244
ISBN10: 0511034245
Edition: 93
Copyright: 2001
Publisher: Cambridge University Press
Published: 2001
International: No

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Between Politics and Markets - 93 edition

ISBN13: 978-0511034244

Yi-Min Lin

ISBN13: 978-0511034244
ISBN10: 0511034245
Edition: 93
Copyright: 2001
Publisher: Cambridge University Press
Published: 2001
International: No
USED
Sold Out
NEW
Sold Out
Summary

Between Politics and Markets examines how the decline of central planning in post-Mao China was related to the rise of two markets - an economic market for the exchange of products and factors, and a political market for the diversion to private interests of state assets and authorities. Lin reveals their concurrent development through an account of how industrial firms competed their way out of the plan through exchange relations with one another and with state agents. He argues that the two markets were mutually accommodating, that the political market grew also from a decay of the state s self-monitoring capacity, and that economic actors competition for special favors from state agents constituted a major driving force of economic institutional change.