How does an authoritarian donor's domestic political economy shape its aid practices? We probe into the case of China, the largest authoritarian donor in the world, and contend that the regime survival imperative drives China's aid policies to prioritize commercial interests and sustain the...

This paper examines the evolution of industrial structure change of China in a long run from 2008 to 2020 based on the analysis of stock and sector networks. First, by analyzing the stock network of China, we find that stocks with great impact on the market usually belong to industries that are...

What motivates front-line officials to curtail corruption? We contend that performance management can reinforce top-down accountability in authoritarian governments and help contain corruption at the local level. Drawing on a nationally representative panel data of approximately 120 villages in...

China has become the world's biggest consumer of gold in recent years. After only several years of operation, the Chinese gold futures market is now one of the largest globally. This paper studies the price discovery process for the Chinese gold markets. Since the financial crisis in 2007, gold...

A great challenge for capitalist development under authoritarian regimes is to effectively constrain predatory behavior. Beyond existing frameworks of the dictator's time horizon and institutionalized power sharing, we introduce an alternative perspective - elite cleavage. We argue that the...