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The Resource China's crony capitalism : the dynamics of regime decay, Minxin Pei

China's crony capitalism : the dynamics of regime decay, Minxin Pei

Creator
Summary
"When Deng Xiaoping launched his economic reforms in the late 1970s, he vowed to build "socialism with Chinese characteristics." Three and half decades later, behind its rapid growth and glitzy façade, modernization under one-party rule has spawned a form of rapacious crony capitalism characterized by endemic corruption, an incipient kleptocracy, record income inequality, and high social tensions. This book traces the origin of China's crony capitalism to a set of incomplete reforms of property rights in the post-Tiananmen era that have decentralized the control of public property without clarifying its ownership. This combination has created an ideal environment for political and economic elites to collude and amass private wealth through systematic theft of nominally state-owned property, in particular land, natural resources, and state-owned enterprises (SOEs). Based on illuminating details from 260 well-researched cases of corruption involved multiple officials and businessmen since the early 1990s, this study investigates how collusion among elites has penetrated the vital sectors of the Chinese political and economic systems. These cases reveal a well-developed illicit market for power inside the Chinese party-state, in which bribes and official appointments are surreptitiously but routinely traded. They also document the widespread theft inside Chinese SOEs and collusion between law enforcement officials and organized crime. Above all, through its in-depth analysis of the exchange of money for favors between government officials and private businessmen, the study shines a spotlight on the dark world of crony capitalism in China - and a Leninist regime in late-stage decay."--
Language
eng
Work
Publication
Extent
365 pages
Contents
  • The origin of crony capitalism: how institutional changes incentivize corruption
  • The soil of crony capitalism: where corruption thrives
  • Public office for sale: an illicit market for political power
  • Cronyism in action: collusion between officials and businessmen
  • Stealing from the state: collusive corruption in state-owned enterprises
  • In bed with the mafia: collusion between law enforcement and organized crime
  • The spread of collusion: the party-state in decay
Isbn
9780674737297
Instance
Label
China's crony capitalism : the dynamics of regime decay
Title
China's crony capitalism
Title remainder
the dynamics of regime decay
Statement of responsibility
Minxin Pei
Creator
Subject
Language
eng
Summary
"When Deng Xiaoping launched his economic reforms in the late 1970s, he vowed to build "socialism with Chinese characteristics." Three and half decades later, behind its rapid growth and glitzy façade, modernization under one-party rule has spawned a form of rapacious crony capitalism characterized by endemic corruption, an incipient kleptocracy, record income inequality, and high social tensions. This book traces the origin of China's crony capitalism to a set of incomplete reforms of property rights in the post-Tiananmen era that have decentralized the control of public property without clarifying its ownership. This combination has created an ideal environment for political and economic elites to collude and amass private wealth through systematic theft of nominally state-owned property, in particular land, natural resources, and state-owned enterprises (SOEs). Based on illuminating details from 260 well-researched cases of corruption involved multiple officials and businessmen since the early 1990s, this study investigates how collusion among elites has penetrated the vital sectors of the Chinese political and economic systems. These cases reveal a well-developed illicit market for power inside the Chinese party-state, in which bribes and official appointments are surreptitiously but routinely traded. They also document the widespread theft inside Chinese SOEs and collusion between law enforcement officials and organized crime. Above all, through its in-depth analysis of the exchange of money for favors between government officials and private businessmen, the study shines a spotlight on the dark world of crony capitalism in China - and a Leninist regime in late-stage decay."--
Assigning source
Provided by publisher
Cataloging source
MH/DLC
http://library.link/vocab/creatorName
Pei, Minxin
Index
index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Zhongguo gong chan dang
  • Zhongguo gong chan dang
  • Political corruption
  • Capitalism
  • Elite (Social sciences)
  • Power (Social sciences)
  • China
  • China
  • China
  • China
Label
China's crony capitalism : the dynamics of regime decay, Minxin Pei
Instantiates
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
The origin of crony capitalism: how institutional changes incentivize corruption -- The soil of crony capitalism: where corruption thrives -- Public office for sale: an illicit market for political power -- Cronyism in action: collusion between officials and businessmen -- Stealing from the state: collusive corruption in state-owned enterprises -- In bed with the mafia: collusion between law enforcement and organized crime -- The spread of collusion: the party-state in decay
Control code
ocn937368077
Dimensions
22 cm
Extent
365 pages
Isbn
9780674737297
Lccn
2016002392
Media category
unmediated
Media MARC source
rdamedia
System control number
(OCoLC)937368077
Label
China's crony capitalism : the dynamics of regime decay, Minxin Pei
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
The origin of crony capitalism: how institutional changes incentivize corruption -- The soil of crony capitalism: where corruption thrives -- Public office for sale: an illicit market for political power -- Cronyism in action: collusion between officials and businessmen -- Stealing from the state: collusive corruption in state-owned enterprises -- In bed with the mafia: collusion between law enforcement and organized crime -- The spread of collusion: the party-state in decay
Control code
ocn937368077
Dimensions
22 cm
Extent
365 pages
Isbn
9780674737297
Lccn
2016002392
Media category
unmediated
Media MARC source
rdamedia
System control number
(OCoLC)937368077

Subject

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