From Mao to Market: Rent Seeking, Local Protectionism, and Marketization in Chin

Description: From Mao to Market by Andrew H. Wedeman Reform in China succeeded because government failed to prevent local officials from forcing prices to market levels. FORMAT Hardcover LANGUAGE English CONDITION Brand New Publisher Description 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 balked 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 fueled 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. Table of Contents 1. The pitfalls of reform; 2. Policy and institutional change; 3. Rent seeking and local protectionism; 4. Export protectionism; 5. Import protectionism; 6. Marketisation; 7. Escaping from the pitfalls. Review The book sheds light on an important political-economy issue in China under reform, namely, origins and effects of local protectionism ... This book excels in filling this void ... Rigour and logic carry the analysis in this book to a level few future works on local protectionism may achieve ... The writing is succinct, lively, yet remarkably concise. It helps deliver logical argument with clarity and rigour ... one will find this study of local protectionism insightful, elaborate, and informative. Journal of Political Science Wedemans book provides a nuanced explanation for why Chinese bureaucrats failed to stall the reform process. ... first-rate analysis ... a highly accessible style. Wedemans account also provides a sophisticated analysis of the impact of the economic reforms on the role of the central state. Wedemans clear exposition and vigorous analysis are major contributions to the scholarship on market transition and institutional change. Wedemans good use of a rationality paradigm in his analysis, combined with his meticulous reading of published materials, helps shed new light on the political economy of Chinas economic development. This is essential reading for all students of Chinas reforms. The China Journal Promotional This book argues that reform in China succeeded because government failed to prevent local officials from forcing prices to market levels. Review Quote Wedemans book provides a nuanced explanation for why Chinese bureaucrats failed to stall the reform process. ... first-rate analysis ... a highly accessible style. Wedemans account also provides a sophisticated analysis of the impact of the economic reforms on the role of the central state. Wedemans clear exposition and vigorous analysis are major contributions to the scholarship on market transition and institutional change. Wedemans good use of a rationality paradigm in his analysis, combined with his meticulous reading of published materials, helps shed new light on the political economy of Chinas economic development. This is essential reading for all students of Chinas reforms. The China Journal Promotional "Headline" This book argues that reform in China succeeded because government failed to prevent local officials from forcing prices to market levels. Description for Bookstore This book argues that China succeeded in moving from a Maoist command economy to a market economy because government failed to prevent local officials from forcing prices to market levels. The resource wars that resulted from partial price reform in the early 1980s cleared the way for sweeping reforms. Description for Library This book argues that China succeeded in moving from a Maoist command economy to a market economy because government failed to prevent local officials from forcing prices to market levels. The resource wars that resulted from partial price reform in the early 1980s cleared the way for sweeping reforms. Details ISBN0521809606 Author Andrew H. Wedeman Publisher Cambridge University Press Series Cambridge Modern China Series Year 2003 ISBN-10 0521809606 ISBN-13 9780521809603 Format Hardcover Imprint Cambridge University Press Subtitle Rent Seeking, Local Protectionism, and Marketization in China Place of Publication Cambridge Country of Publication United Kingdom Short Title FROM MAO TO MARKET Language English Media Book Pages 294 DEWEY 330.951 Affiliation University of Nebraska, Lincoln Illustrations 4 Tables, unspecified; 10 Line drawings, unspecified DOI 10.1604/9780521809603 UK Release Date 2003-07-10 Publication Date 2003-07-10 AU Release Date 2003-07-10 NZ Release Date 2003-07-10 Alternative 9780511510434 Audience Postgraduate, Research & Scholarly We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:91370471;

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