China’s Crony Capitalism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook China’s Crony Capitalism write by Minxin Pei. This book was released on 2016-10-03. China’s Crony Capitalism available in PDF, EPUB and Kindle. China’s efforts to modernize yielded a kleptocracy characterized by corruption, wealth inequality, and social tensions. Rejecting conventional platitudes about the resilience of Party rule, Minxin Pei gathers unambiguous evidence that beneath China’s facade of ever-expanding prosperity and power lies a Leninist state in an advanced stage of decay.
China's Crony Capitalism
China's Crony Capitalism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook China's Crony Capitalism write by Minxin Pei. This book was released on 2016. China's Crony Capitalism available in PDF, EPUB and Kindle. "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."--
China's Gilded Age
China's Gilded Age - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook China's Gilded Age write by Yuen Yuen Ang. This book was released on 2020-05-28. China's Gilded Age available in PDF, EPUB and Kindle. Why has China grown so fast for so long despite vast corruption? In China's Gilded Age, Yuen Yuen Ang maintains that all corruption is harmful, but not all types of corruption hurt growth. Ang unbundles corruption into four varieties: petty theft, grand theft, speed money, and access money. While the first three types impede growth, access money - elite exchanges of power and profit - cuts both ways: it stimulates investment and growth but produces serious risks for the economy and political system. Since market opening, corruption in China has evolved toward access money. Using a range of data sources, the author explains the evolution of Chinese corruption, how it differs from the West and other developing countries, and how Xi's anti-corruption campaign could affect growth and governance. In this formidable yet accessible book, Ang challenges one-dimensional measures of corruption. By unbundling the problem and adopting a comparative-historical lens, she reveals that the rise of capitalism was not accompanied by the eradication of corruption, but rather by its evolution from thuggery and theft to access money. In doing so, she changes the way we think about corruption and capitalism, not only in China but around the world.
Russia's Crony Capitalism
Russia's Crony Capitalism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Russia's Crony Capitalism write by Anders Aslund. This book was released on 2019-05-23. Russia's Crony Capitalism available in PDF, EPUB and Kindle. A penetrating look into the extreme plutocracy Vladimir Putin has created and its implications for Russia’s future This insightful study explores how the economic system Vladimir Putin has developed in Russia works to consolidate control over the country. By appointing his close associates as heads of state enterprises and by giving control of the FSB and the judiciary to his friends from the KGB, he has enriched his business friends from Saint Petersburg with preferential government deals. Thus, Putin has created a super wealthy and loyal plutocracy that owes its existence to authoritarianism. Much of this wealth has been hidden in offshore havens in the United States and the United Kingdom, where companies with anonymous owners and black money transfers are allowed to thrive. Though beneficial to a select few, this system has left Russia’s economy in untenable stagnation, which Putin has tried to mask through military might.
Crony Comprador Capitalism
Crony Comprador Capitalism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Crony Comprador Capitalism write by Jianyong Yue. This book was released on . Crony Comprador Capitalism available in PDF, EPUB and Kindle.
