State Capitalism, Institutional Adaptation, and the Chinese Miracle 2015
DOI: 10.1017/cbo9781139962858.007
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Explaining the Dynamics of Change: Transformation and Evolution of China's Public Economy through War, Revolution, and Peace, 1928–2008

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Cited by 7 publications
(7 citation statements)
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“…Did elements of the new institutional arrangements that took shape during the 1950s contribute to enterprise reform in the late 1970s and early 1980s? I have asked and addressed some of these questions here and elsewhere (Bian, 2011; Bian, forthcoming), but more studies are needed before we can provide satisfactory answers. Equally important, this study points to the need to explore changes that occur over a longer temporal span and to examine the emergence, growth, breakdown, and replacement of the connective tissues that constitute the institutional fabric of society so that we can better understand the nature and dynamics of change.…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…Did elements of the new institutional arrangements that took shape during the 1950s contribute to enterprise reform in the late 1970s and early 1980s? I have asked and addressed some of these questions here and elsewhere (Bian, 2011; Bian, forthcoming), but more studies are needed before we can provide satisfactory answers. Equally important, this study points to the need to explore changes that occur over a longer temporal span and to examine the emergence, growth, breakdown, and replacement of the connective tissues that constitute the institutional fabric of society so that we can better understand the nature and dynamics of change.…”
Section: Discussionmentioning
confidence: 99%
“…While key ingredients of the CCP ideology of economic development—an overwhelming emphasis on state-owned heavy industry, national defense, and a planned socialist economic system—predated the Chinese Revolution (Bian, 2005; Bian, forthcoming), China did try to adopt the Soviet model during the 1950s (Brugger, 1976; Guo, 2003; Kaple, 1994; Li, 2006), including the Soviet model of enterprise management. Soviet-inspired changes were already under way in Guizhou’s regional state enterprises in early 1950.…”
Section: Transplanting the Soviet Economic Accounting Systemmentioning
confidence: 99%
“…China's introduction of market mechanisms exhibits some similarities with market-capitalist processes typically observed in the West and in other East Asian societies, but the differences are pronounced as well (see, e.g., Bian, 2015;Li & Chan, 2017;Pearson, 2015;Yeh et al, 2015;Zhou et al, 2019). 4 Various terms have been put forth to describe the political economy that has evolved in China, including "state capitalism," "authoritarian capitalism," and "market socialism" (Zhou et al, 2019, p. 35).…”
Section: Marketization and China's "Institutional Balance Of Power"mentioning
confidence: 96%
“…Nevertheless, China's marketization has been “incomplete” in significant respects (Li & Chan, 2017, p. 46), which is consistent with longstanding political dynamics in modern China. Over the course of much of the twentieth century, the Chinese political leaders have found ways to repurpose institutions to meet changing objectives, but the legitimacy of planned development has remained “relatively constant” (Bian, 2015, p. 220). The CCP has thus retained its central role in guiding the economy during the economic reform while adopting an “instrumental embrace of markets”—using market instruments to promote national development and enhance stability (Gallagher, 2016, p. 248; see also Pearson, 2015).…”
Section: Institutional and Cultural Dynamics Of Crime In Chinamentioning
confidence: 99%
“…In 1932, the Nationalist government set up the National Resources Commission (NRC) and made it responsible for industrial planning and managing state‐owned enterprises (SOEs hereafter). Staffed by technocrats instead of political appointees, the NRC reported directly to the supreme leader Chiang Kai‐shek and enjoyed a high political standing (Bian, 2015; Kirby, 2000). Among the plans, it had drawn up but came into fruition only during the Communist era include the Three Gorges Dam and the development of heavy industries in the inland provinces.…”
Section: The Republican Era (1912–1949)mentioning
confidence: 99%