Double Paradox: Rapid Growth and Rising Corruption in China
Andrew Wedeman
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Description for Double Paradox: Rapid Growth and Rising Corruption in China
Hardback. Num Pages: 272 pages, 23, 8 black & white tables, 15 charts. BIC Classification: JPZ. Category: (G) General (US: Trade). Dimension: 235 x 156 x 23. Weight in Grams: 499.
According to conventional wisdom, rising corruption reduces economic growth. And yet, between 1978 and 2010, even as officials were looting state coffers, extorting bribes, raking in kickbacks, and scraping off rents at unprecedented rates, the Chinese economy grew at an average annual rate of 9 percent. In Double Paradox, Andrew Wedeman seeks to explain why the Chinese economy performed so well despite widespread corruption at almost kleptocratic levels. Wedeman finds that the Chinese economy was able to survive predatory corruption because corruption did not explode until after economic reforms had unleashed dynamic growth. To a ... Read more
According to conventional wisdom, rising corruption reduces economic growth. And yet, between 1978 and 2010, even as officials were looting state coffers, extorting bribes, raking in kickbacks, and scraping off rents at unprecedented rates, the Chinese economy grew at an average annual rate of 9 percent. In Double Paradox, Andrew Wedeman seeks to explain why the Chinese economy performed so well despite widespread corruption at almost kleptocratic levels. Wedeman finds that the Chinese economy was able to survive predatory corruption because corruption did not explode until after economic reforms had unleashed dynamic growth. To a ... Read more
Product Details
Publisher
Cornell University Press
Format
Hardback
Publication date
2012
Condition
New
Weight
498g
Number of Pages
272
Place of Publication
Ithaca, United States
ISBN
9780801450464
SKU
V9780801450464
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Andrew Wedeman
Andrew Wedeman is Professor of Political Science at the University of Nebraska-Lincoln. He is the author of From Mao to Market: Rent Seeking, Local Protectionism, and Marketization in China and The East Wind Subsides: Chinese Foreign Policy and the Origins of the Cultural Revolution.
Reviews for Double Paradox: Rapid Growth and Rising Corruption in China
The central question of Double Paradox-how rapid economic development and widespread corruption coexist in China-is of major importance. Andrew Wedeman explains that the sequence of events is complex and worth careful scrutiny; there is considerable dynamism and simultaneity in any corruption/development relationship. By the end of Wedeman's book, we have learned a great deal about China, about the possible links ... Read more