From Mao to market: rent seeking, local protectionism, and marketization in China
Andrew Wedemen argues that China succeeded in moving from a Maoist command economy to a market economy because the central government failed to prevent local governments from forcing prices to market levels. Having partially decontrolled the economy in the early 1980s, economic reformers baulked at...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Cambridge
Cambridge University Press
2003
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Schriftenreihe: | Cambridge modern China series
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Schlagworte: | |
Online-Zugang: | BSB01 UBG01 Volltext |
Zusammenfassung: | Andrew Wedemen argues that China succeeded in moving from a Maoist command economy to a market economy because the central government failed to prevent local governments from forcing prices to market levels. Having partially decontrolled the economy in the early 1980s, economic reformers baulked at price reform, opting instead for a hybrid system wherein commodities had two prices, one fixed and one floating. Depressed fixed prices led to 'resource wars', as localities battled each other for control over undervalued commodities while inflated consumer goods prices fuelled a headlong investment boom that saturated markets and led to the erection of import barriers. Although local rent seeking and protectionism appeared to carve up the economy, in reality they had not only pushed prices to market levels and cleared the way for sweeping reforms in the 1980s, they had also pushed China past the 'pitfalls' of reform that entrapped other socialist economies |
Beschreibung: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
Beschreibung: | 1 online resource (xi, 277 pages) |
ISBN: | 9780511510434 |
DOI: | 10.1017/CBO9780511510434 |
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Datensatz im Suchindex
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any_adam_object | |
author | Wedeman, Andrew Hall 1958- |
author_facet | Wedeman, Andrew Hall 1958- |
author_role | aut |
author_sort | Wedeman, Andrew Hall 1958- |
author_variant | a h w ah ahw |
building | Verbundindex |
bvnumber | BV043921361 |
classification_rvk | QF 686 |
collection | ZDB-20-CBO |
contents | 1. The Pitfalls of Reform -- 2. Policy and Institutional Change -- 3. Rent Seeking and Local Protectionism -- 4. Export Protectionism -- 5. Import Protectionism -- 6. Marketization -- 7. Escaping from the Pitfalls |
ctrlnum | (ZDB-20-CBO)CR9780511510434 (OCoLC)967402452 (DE-599)BVBBV043921361 |
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dewey-ones | 330 - Economics |
dewey-raw | 330.951 |
dewey-search | 330.951 |
dewey-sort | 3330.951 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
doi_str_mv | 10.1017/CBO9780511510434 |
era | Geschichte 1980-2000 gnd |
era_facet | Geschichte 1980-2000 |
format | Electronic eBook |
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geographic | China / Economic policy / 1976-2000 China (DE-588)4009937-4 gnd |
geographic_facet | China / Economic policy / 1976-2000 China |
id | DE-604.BV043921361 |
illustrated | Not Illustrated |
indexdate | 2024-07-10T07:38:37Z |
institution | BVB |
isbn | 9780511510434 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-029330444 |
oclc_num | 967402452 |
open_access_boolean | |
owner | DE-12 DE-473 DE-BY-UBG |
owner_facet | DE-12 DE-473 DE-BY-UBG |
physical | 1 online resource (xi, 277 pages) |
psigel | ZDB-20-CBO ZDB-20-CBO BSB_PDA_CBO ZDB-20-CBO UBG_PDA_CBO |
publishDate | 2003 |
publishDateSearch | 2003 |
publishDateSort | 2003 |
publisher | Cambridge University Press |
record_format | marc |
series2 | Cambridge modern China series |
spelling | Wedeman, Andrew Hall 1958- Verfasser aut From Mao to market rent seeking, local protectionism, and marketization in China Andrew H. Wedeman Cambridge Cambridge University Press 2003 1 online resource (xi, 277 pages) txt rdacontent c rdamedia cr rdacarrier Cambridge modern China series Title from publisher's bibliographic system (viewed on 05 Oct 2015) 1. The Pitfalls of Reform -- 2. Policy and Institutional Change -- 3. Rent Seeking and Local Protectionism -- 4. Export Protectionism -- 5. Import Protectionism -- 6. Marketization -- 7. Escaping from the Pitfalls Andrew Wedemen argues that China succeeded in moving from a Maoist command economy to a market economy because the central government failed to prevent local governments from forcing prices to market levels. Having partially decontrolled the economy in the early 1980s, economic reformers baulked at price reform, opting instead for a hybrid system wherein commodities had two prices, one fixed and one floating. Depressed fixed prices led to 'resource wars', as localities battled each other for control over undervalued commodities while inflated consumer goods prices fuelled a headlong investment boom that saturated markets and led to the erection of import barriers. Although local rent seeking and protectionism appeared to carve up the economy, in reality they had not only pushed prices to market levels and cleared the way for sweeping reforms in the 1980s, they had also pushed China past the 'pitfalls' of reform that entrapped other socialist economies Geschichte 1980-2000 gnd rswk-swf Wirtschaftspolitik Protectionism / China Marktwirtschaft (DE-588)4037653-9 gnd rswk-swf Wirtschaftsreform (DE-588)4066512-4 gnd rswk-swf Protektionismus (DE-588)4127791-0 gnd rswk-swf Handelspolitik (DE-588)4023248-7 gnd rswk-swf China / Economic policy / 1976-2000 China (DE-588)4009937-4 gnd rswk-swf China (DE-588)4009937-4 g Wirtschaftsreform (DE-588)4066512-4 s Handelspolitik (DE-588)4023248-7 s Geschichte 1980-2000 z 1\p DE-604 Marktwirtschaft (DE-588)4037653-9 s Protektionismus (DE-588)4127791-0 s 2\p DE-604 Erscheint auch als Druckausgabe 978-0-521-10015-1 Erscheint auch als Druckausgabe 978-0-521-80960-3 https://doi.org/10.1017/CBO9780511510434 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
spellingShingle | Wedeman, Andrew Hall 1958- From Mao to market rent seeking, local protectionism, and marketization in China 1. The Pitfalls of Reform -- 2. Policy and Institutional Change -- 3. Rent Seeking and Local Protectionism -- 4. Export Protectionism -- 5. Import Protectionism -- 6. Marketization -- 7. Escaping from the Pitfalls Wirtschaftspolitik Protectionism / China Marktwirtschaft (DE-588)4037653-9 gnd Wirtschaftsreform (DE-588)4066512-4 gnd Protektionismus (DE-588)4127791-0 gnd Handelspolitik (DE-588)4023248-7 gnd |
subject_GND | (DE-588)4037653-9 (DE-588)4066512-4 (DE-588)4127791-0 (DE-588)4023248-7 (DE-588)4009937-4 |
title | From Mao to market rent seeking, local protectionism, and marketization in China |
title_auth | From Mao to market rent seeking, local protectionism, and marketization in China |
title_exact_search | From Mao to market rent seeking, local protectionism, and marketization in China |
title_full | From Mao to market rent seeking, local protectionism, and marketization in China Andrew H. Wedeman |
title_fullStr | From Mao to market rent seeking, local protectionism, and marketization in China Andrew H. Wedeman |
title_full_unstemmed | From Mao to market rent seeking, local protectionism, and marketization in China Andrew H. Wedeman |
title_short | From Mao to market |
title_sort | from mao to market rent seeking local protectionism and marketization in china |
title_sub | rent seeking, local protectionism, and marketization in China |
topic | Wirtschaftspolitik Protectionism / China Marktwirtschaft (DE-588)4037653-9 gnd Wirtschaftsreform (DE-588)4066512-4 gnd Protektionismus (DE-588)4127791-0 gnd Handelspolitik (DE-588)4023248-7 gnd |
topic_facet | Wirtschaftspolitik Protectionism / China Marktwirtschaft Wirtschaftsreform Protektionismus Handelspolitik China / Economic policy / 1976-2000 China |
url | https://doi.org/10.1017/CBO9780511510434 |
work_keys_str_mv | AT wedemanandrewhall frommaotomarketrentseekinglocalprotectionismandmarketizationinchina |