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Double Paradox : Rapid Growth and Rising Corruption in China /

According to conventional wisdom, rising corruption reduces economic growth. And yet, between 1978 and 2010, even as officials were looting state coffers, extorting bribes, raking in kickbacks, and scraping off rents at unprecedented rates, the Chinese economy grew at an average annual rate of 9 per...

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Detalles Bibliográficos
Autor principal: Wedeman, Andrew Hall, 1958-
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Ithaca : Cornell University Press, 2012.
Colección:Book collections on Project MUSE.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Wedeman, Andrew Hall,  |d 1958- 
245 1 0 |a Double Paradox :   |b Rapid Growth and Rising Corruption in China /   |c Andrew Wedeman. 
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264 4 |c ©2012. 
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505 0 |a Double Paradox -- Contents -- Preface and Acknowledgments -- 1. A Double Paradox -- 2. Developmental Corruption -- 3. Degenerative Corruption -- 4. Sequencing and Corruption -- 5. Systemic Transition and Corruption -- 6. Anticorruption and Corruption -- 7. Controlling Corruption and Sustaining Rapid Growth -- Notes -- Index 
520 |a According to conventional wisdom, rising corruption reduces economic growth. And yet, between 1978 and 2010, even as officials were looting state coffers, extorting bribes, raking in kickbacks, and scraping off rents at unprecedented rates, the Chinese economy grew at an average annual rate of 9 percent. In Double Paradox, Andrew Wedeman seeks to explain why the Chinese economy performed so well despite widespread corruption at almost kleptocratic levels. Wedeman finds that the Chinese economy was able to survive predatory corruption because corruption did not explode until after economic reforms had unleashed dynamic growth. To a considerable extent corruption was also a by-product of the transfer of undervalued assets from the state to the emerging private and corporate sectors and a scramble to capture the windfall profits created by their transfer. Perhaps most critically, an anticorruption campaign, however flawed, has proved sufficient to prevent corruption from spiraling out of control. Drawing on more than three decades of data from China-as well as examples of the interplay between corruption and growth in South Korea, Taiwan, Equatorial Guinea, and other nations in Africa and the Caribbean-Wedeman cautions that rapid growth requires not only ongoing and improved anticorruption efforts but also consolidated and strengthened property rights. 
546 |a In English. 
588 |a Description based on print version record. 
650 7 |a Wirtschaftsentwicklung.  |2 idszbz 
650 7 |a Korruption.  |2 idszbz 
650 7 |a Politik.  |2 idszbz 
650 7 |a Korruption  |2 gnd 
650 7 |a Wirtschaftsentwicklung  |2 gnd 
650 7 |a Political corruption.  |2 fast  |0 (OCoLC)fst01069240 
650 7 |a Economic history.  |2 fast  |0 (OCoLC)fst00901974 
650 7 |a Economic development.  |2 fast  |0 (OCoLC)fst00901785 
650 7 |a Corruption.  |2 fast  |0 (OCoLC)fst01352550 
650 7 |a SOCIAL SCIENCE  |x Criminology.  |2 bisacsh 
650 7 |a POLITICAL SCIENCE  |x Political Economy.  |2 bisacsh 
650 6 |a Corruption (Politique)  |z Chine. 
650 6 |a Developpement economique  |z Chine. 
650 6 |a Corruption  |z Chine. 
650 0 |a Political corruption  |z China. 
650 0 |a Economic development  |z China. 
650 0 |a Corruption  |z China. 
651 7 |a China.  |2 idszbz 
651 7 |a China  |2 gnd 
651 7 |a China.  |2 fast  |0 (OCoLC)fst01206073 
651 6 |a Chine  |x Conditions economiques  |y 1949- 
651 0 |a China  |x Economic conditions  |y 1949- 
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