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Dancing with the Devil: The Political Economy of Privatization in China
Yi-Min Lin
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Description for Dancing with the Devil: The Political Economy of Privatization in China
paperback. Dancing with the Devil explains why public ownership has declined in post-Mao China. Focusing on the behavior of political actors under changing incentives and constraints, the book illustrates how growing concerns about jobs and revenue have forced the country's communist rulers to change their policies toward private capital. Num Pages: 288 pages. BIC Classification: JPA; KCM; KCP; KCS; KFFD; KFFK. Category: (G) General (US: Trade). Dimension: 235 x 156. .
From 1978 through the turn of the century, China was transformed from a state-owned economy into a predominantly private economy. This fundamental change took place under the Chinese Communist Party (CCP), which has been ideologically and politically predisposed to suppress private ownership. In Dancing with the Devil, Yi-min Lin explains how and why such a paradoxical reality came about. He shows that private ownership became a necessary evil for the CCP because the public sector was increasingly unable to address two essential concerns for regime survival: employment and revenue. Focusing on political actors as major change agents, Lin examines ... Read more
From 1978 through the turn of the century, China was transformed from a state-owned economy into a predominantly private economy. This fundamental change took place under the Chinese Communist Party (CCP), which has been ideologically and politically predisposed to suppress private ownership. In Dancing with the Devil, Yi-min Lin explains how and why such a paradoxical reality came about. He shows that private ownership became a necessary evil for the CCP because the public sector was increasingly unable to address two essential concerns for regime survival: employment and revenue. Focusing on political actors as major change agents, Lin examines ... Read more
Product Details
Format
Paperback
Publication date
2017
Publisher
Oxford University Press United Kingdom
Number of pages
288
Condition
New
Number of Pages
288
Place of Publication
New York, United States
ISBN
9780190682835
SKU
V9780190682835
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-17
About Yi-Min Lin
Lin
Reviews for Dancing with the Devil: The Political Economy of Privatization in China
Yi-min Lin's study illuminates the underlying economic and political forces that led the Chinese Communist Party to tolerate and even encourage the growth of private businesses, which he estimates accounted for about two-thirds of China's economic activity by 2014.
Nicholas R. Lardy, Anthony M Solomon Senior Fellow, Peterson Institute for International Economics
This carefully researched book offers a ... Read more
Nicholas R. Lardy, Anthony M Solomon Senior Fellow, Peterson Institute for International Economics
This carefully researched book offers a ... Read more