Corvinus
Corvinus

Why have Chinese reforms come to a halt? The political economic logic of unfinished transformation

Székely-Doby, András (2018) Why have Chinese reforms come to a halt? The political economic logic of unfinished transformation. Europe-Asia Studies, 70 (2). pp. 277-296. DOI https://doi.org/10.1080/09668136.2018.1439453

[img]
Preview
PDF - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
771kB

Official URL: https://doi.org/10.1080/09668136.2018.1439453

open access (freely available online)

Abstract

This study approaches the Chinese reform process from a political-economic point of view, focusing primarily on institutional changes. Besides revealing the main factors behind the different phases of the reforms, it argues that in the framework of the current authoritarian regime, vested interests work against the continuation of the reforms, making it impossible to fully establish the institutional framework of a market economy. Current rents and privileges also deter the elite from implementing serious political reforms, leading to a trap that prevents the completion of the transition process.

Item Type:Article
Subjects:Economic policy
DOI:https://doi.org/10.1080/09668136.2018.1439453
ID Code:3741
Deposited By: Veronika Vitéz
Deposited On:30 Oct 2018 14:58
Last Modified:30 Oct 2018 14:58

Repository Staff Only: item control page