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.
Details e-book China's Gilded Age
🗸 Author(s): Yuen Yuen Ang
🗸 Title: China's Gilded Age
🗸 Rating : 4.3 from 5 stars (65 reviews)
🗸 Languange: English
🗸 Format ebook: PDF, EPUB, Kindle, Audio, HTML and MOBI
🗸 Supported Devices: Android, iOS, PC and Amazon Kindle
Readers' opinions about China's Gilded Age by Yuen Yuen Ang
This gripping thriller takes readers on a rollercoaster ride through the dark alleys of a crime-ridden city, where the protagonists must unravel a complex web of deceit to solve a murder. The plot twists are relentless, keeping readers on the edge of their seats until the final revelation. With its well-developed characters and gritty atmosphere, this book is a must-read for fans of the genre.
Embark on a thrilling adventure with this gripping mystery novel that keeps readers guessing until the very end. Set in a picturesque village plagued by secrets and lies, the story follows a determined detective as he unravels the truth behind a series of baffling crimes. With its clever plot twists and compelling characters, this book is a must-read for fans of the genre.
Delve into the pages of this thought-provoking philosophical treatise, where the author grapples with some of life's most profound questions. From the nature of existence to the meaning of morality, each chapter offers a fresh perspective on the human condition. With its rigorous logic and elegant prose, this book is sure to spark lively debate and introspection.
Related ebooks of China's Gilded Age
The Hidden Universe: An Investigation into Non-Human Inte...
From aliens or ghosts to the djinn, electric-voice phenomenon and UFO abductions, this book is the most comprehensive and enlightening survey ever made of encounters with the Others.Since our very beginnings, human beings from all civilisations across the globe have encountered the Others - intelligent, self-motivated beings that are clearly not human in their origins. This book offers the most comprehensive survey ever made of such otherworldly visitors, from gods, angels, demons and djinns to…
In this award-winning sequel to Chickadee, acclaimed author Louise Erdrich continues her celebrated Birchbark House series with the story of an Ojibwe family in nineteenth-century America. Named for the Ojibwe word for little bear, Makoons and his twin, Chickadee, have traveled with their family to the Great Plains of Dakota Territory.There they must learn to become buffalo hunters and once again help their people make a home in a new land. But Makoons has had a vision…
Book 3 in the Dark Imperium series.The paths of Roboute Guilliman and his fallen brother Mortarion bring them inexorably together on Iax. Once a jewel of the Imperium, the garden world is dying, as the plans of the Lord of Death to use it as a fulcrum to drag the stellar realm of Ultramar into the warp come to deadly fruition. While Guilliman attempts to prevent the destruction of his kingdom, Mortarion schemes to…
Help with Worry Help with Anxiety Help with Trying New Things Help with Stress Help with Milestones Book Title Wilma Jean the Worry Machine The Anti-Test Anxiety Society Don't Be Afraid to Drop I'm Stretched Jumping Into Kindergarten Description Kids are given tools to help them control their anxiety and worrying thoughts. BB’s teacher comes to the rescue by inviting her to become a member of the Anti-Test Anxiety Society. She tells BB that TEST…
Stealing Home (A Sweet Magnolias Novel, 1) The Song of the Jade Lily: A Novel BigTime Piano Hits: Level 4 Responsive Literacy: A Comprehensive Framework A Child Left Behind Folk Around and Find Out (Good Folk: Modern Folktales) 30 Beautiful Values to Learn From The Quran: (Islamic books for kids) (30 Days of Islamic Learning | Ramadan books for kids) It’s All Greek to Me: Transform Your Health the Mediterranean Way with My Family’s Century-Old Recipes Counseling Children and Adolescents Meditation for Beginners: The Ultimate and Easy Guide to Learn How to Be Peaceful and Relieve Stress, Anxiety And Depression (Meditation, Mindfulness, Stress Management, Relieve Anxiety, Yoga)
