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Transforming Rural China: How Local Institutions Shape Property Rights in China



Transforming Rural China: How Local Institutions Shape Property Rights in China
Since the introduction of economic reforms in the late 1970s, rural China has undergone a profound and at times devastating transformation from a state-run economy and society to one of private ownership. In Transforming Rural China, Chen shows that this transformation has not necessarily taken the form of free market capitalism, as many believe, but in fact has assumed different forms in differen... more details

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Features
Author Chih-Jou Jay Chen
Format Hardcover
ISBN 9780415196727
Publisher Routledge
Manufacturer Routledge
Description
Since the introduction of economic reforms in the late 1970s, rural China has undergone a profound and at times devastating transformation from a state-run economy and society to one of private ownership. In Transforming Rural China, Chen shows that this transformation has not necessarily taken the form of free market capitalism, as many believe, but in fact has assumed different forms in different parts of the country. Based on years of extensive research in villages in the Yangtze Delta region and Southern Fujian, Chen provides shocking insight into the workings of Chinas local economy and society -- how party officials have become entrepreneurs, building economic success on the backs of workers and peasants, and how and why entrepreneurs have been assimilated into the party. What emerges is a disturbing picture of property rights transformation lying far outside of the aims and control of the central government, and is wrapped in the utter disharmony of particular local institutions.

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