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Rent Seeking in China

Author: Tak-Wing Ngo

Publisher: Routledge

Published: 2008-12-04

Total Pages: 395

ISBN-13: 1134034407

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In China, rent seeking has been linked to the idea of the local developmental state in which rapid economic development is explained in terms of the promotion of village and township enterprises by local cadres who wants to maximize revenue. At the same time, the rent-seeking state is also seen as the root of corrupt practices and in the creation of a political market where state assets and authorities are diverted into private interests. Despite the prevalence of rent seeking practices in present day China, no systematic study of the phenomenon across different regions and economic sectors has yet been undertaken and as such what accounts for the occurrence of the phenomenon, what range of activities are related to rent seeking practices and, more importantly, how rent seeking shapes political and economic development are barely understood. Rent Seeking in China seeks to address these questions using case studies from across economics sectors including primary industry, strategic industry, heavy industry, and light industry. It will be invaluable reading for students and scholars of Chinese politics, comparative politics and Chinese economic and business management.

Book Synopsis Rent Seeking in China by : Tak-Wing Ngo

Download or read book Rent Seeking in China written by Tak-Wing Ngo and published by Routledge. This book was released on 2008-12-04 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: In China, rent seeking has been linked to the idea of the local developmental state in which rapid economic development is explained in terms of the promotion of village and township enterprises by local cadres who wants to maximize revenue. At the same time, the rent-seeking state is also seen as the root of corrupt practices and in the creation of a political market where state assets and authorities are diverted into private interests. Despite the prevalence of rent seeking practices in present day China, no systematic study of the phenomenon across different regions and economic sectors has yet been undertaken and as such what accounts for the occurrence of the phenomenon, what range of activities are related to rent seeking practices and, more importantly, how rent seeking shapes political and economic development are barely understood. Rent Seeking in China seeks to address these questions using case studies from across economics sectors including primary industry, strategic industry, heavy industry, and light industry. It will be invaluable reading for students and scholars of Chinese politics, comparative politics and Chinese economic and business management.

Rent-seeking and the Two-track Price System in China

Author: Leong H. Liew

Publisher:

Published: 1990

Total Pages: 21

ISBN-13: 9780732503079

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Book Synopsis Rent-seeking and the Two-track Price System in China by : Leong H. Liew

Download or read book Rent-seeking and the Two-track Price System in China written by Leong H. Liew and published by . This book was released on 1990 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:

From Mao to Market

Author: Andrew H. Wedeman

Publisher: Cambridge University Press

Published: 2003-07-10

Total Pages: 296

ISBN-13: 1139437852

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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.

Book Synopsis From Mao to Market by : Andrew H. Wedeman

Download or read book From Mao to Market written by Andrew H. Wedeman and published by Cambridge University Press. This book was released on 2003-07-10 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Rent Seeking and Development

Author: Christine Ngoc Ngo

Publisher: Routledge

Published: 2020-03-25

Total Pages: 219

ISBN-13: 1317328213

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Rent seeking continues to be a topic of much discussion and debate within the political economy. This new study challenges previous assumptions and sets out a new analysis of the dynamics of rent and rent seeking in development, using Vietnam as a case study. This book provides an alternative approach to the study of economic development and illuminates new perspectives in a contemporary context. It argues that not only has there been an incomplete understanding of Vietnam’s industrial development over the last three decades, but that neoclassical economics do not adequately address many of the issues endangering Vietnam’s development. A significant observation of the Vietnamese experience is the analytical view that rents can be developmental and growth enhancing if the configuration of rent management incentivizes industrial upgrade and conditions firm performance. Underlining the need to reexamine how economic actors and the state collaborate through formal and informal institutions, this study fills a gap in the scholarship of the political economy of rent and rent seeking and how rents might be used for developmental purposes.

Book Synopsis Rent Seeking and Development by : Christine Ngoc Ngo

Download or read book Rent Seeking and Development written by Christine Ngoc Ngo and published by Routledge. This book was released on 2020-03-25 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rent seeking continues to be a topic of much discussion and debate within the political economy. This new study challenges previous assumptions and sets out a new analysis of the dynamics of rent and rent seeking in development, using Vietnam as a case study. This book provides an alternative approach to the study of economic development and illuminates new perspectives in a contemporary context. It argues that not only has there been an incomplete understanding of Vietnam’s industrial development over the last three decades, but that neoclassical economics do not adequately address many of the issues endangering Vietnam’s development. A significant observation of the Vietnamese experience is the analytical view that rents can be developmental and growth enhancing if the configuration of rent management incentivizes industrial upgrade and conditions firm performance. Underlining the need to reexamine how economic actors and the state collaborate through formal and informal institutions, this study fills a gap in the scholarship of the political economy of rent and rent seeking and how rents might be used for developmental purposes.

RENT SEEKING AND GOVERNMENT OWNERSHIP OF FIRMS: AN APPLICATION TO CHINA'S TOWNSHIP- VILLAGE ENTERPRISES

Author: JIAHUA CHE

Publisher:

Published: 2002

Total Pages: 35

ISBN-13:

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Book Synopsis RENT SEEKING AND GOVERNMENT OWNERSHIP OF FIRMS: AN APPLICATION TO CHINA'S TOWNSHIP- VILLAGE ENTERPRISES by : JIAHUA CHE

Download or read book RENT SEEKING AND GOVERNMENT OWNERSHIP OF FIRMS: AN APPLICATION TO CHINA'S TOWNSHIP- VILLAGE ENTERPRISES written by JIAHUA CHE and published by . This book was released on 2002 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Empirical Analysis on Income Inequality of Chinese Residents

Author: Yunbo Zhou

Publisher: Springer Science & Business Media

Published: 2012-04-30

Total Pages: 217

ISBN-13: 3642249515

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The subject of this book is discussing the income inequality of Chinese residents, its change and the factors that impact it. In this book all kinds of quantitative methods, including decomposing Gini Coefficients method, Fei-Ranis method, two-sectors model and other econometric models. Some special features are that in this book, a two-sectors model was set up to analyze the impact of population migration from urban areas to rural areas on income inequality of total residents, and the inverted U hypothesis was tested by time-series regression model. The inverted U hypothesis is supported by the change of income inequality of Chinese total residents which is different from the conclusion of present reaches. In additional, the impact of rent-seeking income on inequality was discussed, an economic mode was founded to explain the causes of rent-seeking activities in China’s present stage.

Book Synopsis Empirical Analysis on Income Inequality of Chinese Residents by : Yunbo Zhou

Download or read book Empirical Analysis on Income Inequality of Chinese Residents written by Yunbo Zhou and published by Springer Science & Business Media. This book was released on 2012-04-30 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: The subject of this book is discussing the income inequality of Chinese residents, its change and the factors that impact it. In this book all kinds of quantitative methods, including decomposing Gini Coefficients method, Fei-Ranis method, two-sectors model and other econometric models. Some special features are that in this book, a two-sectors model was set up to analyze the impact of population migration from urban areas to rural areas on income inequality of total residents, and the inverted U hypothesis was tested by time-series regression model. The inverted U hypothesis is supported by the change of income inequality of Chinese total residents which is different from the conclusion of present reaches. In additional, the impact of rent-seeking income on inequality was discussed, an economic mode was founded to explain the causes of rent-seeking activities in China’s present stage.

Rents, Rent-Seeking and Economic Development

Author: Mushtaq Husain Khan

Publisher: Cambridge University Press

Published: 2000-09-07

Total Pages: 358

ISBN-13: 9780521788663

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The concepts of rents and rent-seeking are central to any discussion of the processes of economic development. Yet conventional models of rent-seeking are unable to explain how it can drive decades of rapid growth in some countries, and at other times be associated with spectacular economic crises. This book argues that the rent-seeking framework has to be radically extended by incorporating insights developed by political scientists, institutional economists and political economists if it is to explain the anomalous role played by rent-seeking in Asian countries. It includes detailed analysis of Thailand, Malaysia, the Philippines, the Indian sub-continent, Indonesia and South Korea. This new critical and multidisciplinary approach has important policy implications for the debates over institutional reform in developing countries. It brings together leading international scholars in economics and political science, and will be of great interest to readers in the social sciences and Asian studies in general.

Book Synopsis Rents, Rent-Seeking and Economic Development by : Mushtaq Husain Khan

Download or read book Rents, Rent-Seeking and Economic Development written by Mushtaq Husain Khan and published by Cambridge University Press. This book was released on 2000-09-07 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concepts of rents and rent-seeking are central to any discussion of the processes of economic development. Yet conventional models of rent-seeking are unable to explain how it can drive decades of rapid growth in some countries, and at other times be associated with spectacular economic crises. This book argues that the rent-seeking framework has to be radically extended by incorporating insights developed by political scientists, institutional economists and political economists if it is to explain the anomalous role played by rent-seeking in Asian countries. It includes detailed analysis of Thailand, Malaysia, the Philippines, the Indian sub-continent, Indonesia and South Korea. This new critical and multidisciplinary approach has important policy implications for the debates over institutional reform in developing countries. It brings together leading international scholars in economics and political science, and will be of great interest to readers in the social sciences and Asian studies in general.

From the Grabbing Hand to the Helping Hand

Author: Jiahua Che

Publisher:

Published: 2002

Total Pages: 34

ISBN-13:

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Book Synopsis From the Grabbing Hand to the Helping Hand by : Jiahua Che

Download or read book From the Grabbing Hand to the Helping Hand written by Jiahua Che and published by . This book was released on 2002 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Entrepreneurial State in China

Author: Jane Duckett

Publisher: Routledge

Published: 2006-10-19

Total Pages: 374

ISBN-13: 1134661746

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Jane Duckett describes in detail new state business activities in China and explains why they have appeared. Using research on the northern city of Tianjin during the 1990s, she argues that individual departments, within the Chinese state, are involved in the market economy through the establishment of their own businesses. The book demonstrates that many of these businesses are genuinely entrepreneurial in the sense of profit-seeking, risk-taking and productive, rather than rent-seeking, speculative or profiteering. This entrepreneurialism is an important new dimension of state activity in China with implications for our understanding of the Chinese state. This book develops an alternative to the local government state model and emphasises instead the State's dynamic, entrepreneurial role in the process of economic reform.

Book Synopsis The Entrepreneurial State in China by : Jane Duckett

Download or read book The Entrepreneurial State in China written by Jane Duckett and published by Routledge. This book was released on 2006-10-19 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jane Duckett describes in detail new state business activities in China and explains why they have appeared. Using research on the northern city of Tianjin during the 1990s, she argues that individual departments, within the Chinese state, are involved in the market economy through the establishment of their own businesses. The book demonstrates that many of these businesses are genuinely entrepreneurial in the sense of profit-seeking, risk-taking and productive, rather than rent-seeking, speculative or profiteering. This entrepreneurialism is an important new dimension of state activity in China with implications for our understanding of the Chinese state. This book develops an alternative to the local government state model and emphasises instead the State's dynamic, entrepreneurial role in the process of economic reform.

The Evolving Role of China in the Global Economy

Author: Yin-Wong Cheung

Publisher: MIT Press

Published: 2013

Total Pages: 473

ISBN-13: 0262018233

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China is now the world's second largest economy and may soon overtake the United States as the world's largest. This book offers a systematic analysis of four factors in China's rapid economic growth: exchange rate policy, savings and investment, monetary policy and capital controls, and foreign direct investment.

Book Synopsis The Evolving Role of China in the Global Economy by : Yin-Wong Cheung

Download or read book The Evolving Role of China in the Global Economy written by Yin-Wong Cheung and published by MIT Press. This book was released on 2013 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is now the world's second largest economy and may soon overtake the United States as the world's largest. This book offers a systematic analysis of four factors in China's rapid economic growth: exchange rate policy, savings and investment, monetary policy and capital controls, and foreign direct investment.