Name: Authoritarian Markets: The Politics of China's Banking Explosion (en Inglés)
Price: 48190.00 CLP
Availability: InStock
Author: Liu, Adam Y.
ISBN: 9781501787591

portada Authoritarian Markets: The Politics of China's Banking Explosion (en Inglés)

Authoritarian Markets: The Politics of China's Banking Explosion (en Inglés)

Formato

Libro Físico

Editorial

Cornell University Press

Autor

Liu, Adam Y.

Idioma

Inglés

N° páginas

228

Encuadernación

Tapa Blanda

ISBN13

9781501787591

Authoritarian Markets: The Politics of China's Banking Explosion (en Inglés)

Liu, Adam Y. (Autor) · Cornell University Press · Tapa Blanda

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Reseña del libro "Authoritarian Markets: The Politics of China's Banking Explosion (en Inglés)"

Authoritarian Markets explores the political foundations of China's banking boom and its far-reaching impact on the Chinese economy. In 1978 China had no commercial banks. Today it commands the world's largest banking system, with assets equal to 40 percent of global GDP. Adam Y. Liu argues that this rise was not the product of market reforms but of political bargains and bureaucratic mobilization. In the 1990s, Beijing issued bank licenses as bargaining chips--securing cooperation from local governments as it pushed through painful reforms. The result was a sprawling, competitive banking market built not in spite of authoritarian rule but because of it.Drawing on interviews, spatial data, census records, surveys, and experiments, Liu reveals how local state banks became both engines of China's growth and incubators of its current economic risks. Eye-opening and persuasive, Authoritarian Markets offers fresh insight into the political logic of market development in China and authoritarian states worldwide.