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Rural China Takes Off: Institutional Foundations of Economic Reform

Rural China Takes Off: Institutional Foundations of Economic Reform

Hardcover

Series: Contemporary Eastern Studies

EconomicsGeneral Political Science

ISBN13: 9798887190754
Publisher: Academic Studies Press
Published: Nov 1 2022
Pages: 386
Weight: 1.51
Height: 0.88 Width: 6.00 Depth: 9.00
Language: Russian
In this incisive analysis of one of the most spectacular economic breakthroughs in the Deng era, Jean C. Oi shows how and why Chinese rural-based industry has become the fastest growing economic sector not just in China but in the world. Oi argues that decollectivization and fiscal decentralization provided party officials of the localities-counties, townships, and villages-with the incentives to act as entrepreneurs and to promote rural industrialization in many areas of the Chinese countryside. As a result, the corporatism practiced by local officials has become effective enough to challenge the centrality of the national state.

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