Unterschiede in den Wirtschaftsreformen der VR China und denen Osteuropas und der Sowjetunion. Die chinesischen Organisationsstrukturen basierten auf einem territorialen Prinzip, so daß die Abhängigkeit zwischen regionalen Wirtschaften nicht so stark sind wie in Osteuropa und jede Region...

The case of China seems to present a counterexample to the literature on economic institutions as its private enterprises have achieved spectacular growth despite poor protection of private properties and difficulties in accessing external finance. In this study, we address this apparent puzzle...

Chinese local governments wield their enormous political power and administrative capacity to provide “special deals” for favored private firms. We argue that China's extraordinary economic growth comes from these special deals. Local political leaders do so because they derive personal...

Chinese local governments wield their enormous political power and administrative capacity to provide “special deals” for favored private firms. We argue that China's extraordinary economic growth comes from these special deals. Local political leaders do so because they derive personal...