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https://hdl.handle.net/10419/55399
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DC Field | Value | Language |
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dc.contributor.author | Ahrens, Joachim | en |
dc.contributor.author | Jünemann, Patrick | en |
dc.date.accessioned | 2012-02-14 | - |
dc.date.accessioned | 2012-02-16T16:50:34Z | - |
dc.date.available | 2012-02-16T16:50:34Z | - |
dc.date.issued | 2010 | - |
dc.identifier.uri | http://hdl.handle.net/10419/55399 | - |
dc.description.abstract | The paper focuses on institutional change and institution building as integral parts of economic transition in China. China's success, particularly compared with other advanced transition economies, implies a puzzling observation: China did not apply theoretically-derived policy recommendations. Instead, authorities followed a gradual, pragmatic approach to reform, decentralize, and transform the economy. Notable examples of non-orthodox policy measures, which worked effectively in China, include so-called transitional institutions such as the dual-track approach to industrial restructuring, anonymous banking, the establishment of special economic zones or the priority given to create competitive structures while postponing large-scale privatization of state-owned enterprises. Hence, it is not evident what kind of market economy will emerge in China in the long run. The paper aims at (i) applying the Varieties-of-Capitalism (VoC) framework to China and assessing its suitability in a transition context; (ii) addressing the question of what kind of market economy is emerging in China; (iii) analyzing the impact which the emerging type of capitalism will have on the economy's allocative and dynamic efficiency; and (iv) elaborating policy implications which may help generate or strengthen potential institutional complementarities in the long run. | en |
dc.language.iso | eng | en |
dc.publisher | |aOrdnungsPolitisches Portal (OPO) |cs.l. | en |
dc.relation.ispartofseries | |aOrdnungspolitische Diskurse |x2010-11 | en |
dc.subject.jel | H0 | en |
dc.subject.jel | O53 | en |
dc.subject.jel | P2 | en |
dc.subject.jel | P3 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | institute | en |
dc.subject.keyword | China | en |
dc.subject.keyword | capitalism | en |
dc.subject.stw | Varieties of Capitalism | en |
dc.subject.stw | Systemtransformation | en |
dc.subject.stw | Institutioneller Wandel | en |
dc.subject.stw | Kapitalismus | en |
dc.subject.stw | Staatliche Einflussnahme | en |
dc.subject.stw | China | en |
dc.title | Transitional institutions, institutional complementarities and economic performance in China: A 'Varieties of Capitalism' approach | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 685236498 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:opodis:201011 | en |
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