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Home > Business & Economics > Economics > Economic History > Between Politics and Markets-eBook

Between Politics and Markets

Lin, Yi-min

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Between Politics and Markets

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.

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Title of ebook: Between Politics and Markets
ISBN: 9780511034244
Publisher: Cambridge University Press
Internet download file size: 4894 kb
Released online for download: 01-23-1998
Author of eBook: Lin, Yi-min