2013
DOI: 10.1111/1467-9248.12005
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How Proximate and ‘Meta-Institutional’ Contexts Shape Institutional Change: Explaining the Rise of the People's Bank of China

Abstract: This article charts and explains the rising authority of the People's Bank of China (PBC) within the steep hierarchy of the party state. The PBC's rise is explained by using a version of historical institutionalism which focuses on the dialectical or mutually shaping relationships between agents, institutions and wider contexts over time. Particular emphasis is placed on the way in which wider contexts such as crises, power distributions, ideational agendas and structural economic change shaped institutional c… Show more

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Cited by 29 publications
(20 citation statements)
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References 42 publications
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“…In this respect, the paper has shown that Streeck and Thelen's lenses of institutional change add significant value in terms of accounting for the multiple dimensions of change following a crisis over time. In moving forward, the paper suggests that assessments of reform following a crisis can be developed by making more explicit linkages with the conceptual insights of institutional literatures in order to conceptualize the multiple outcomes of crises over time and in terms of viewing crisis managers as situated institutional agents who interact with their meta‐institutional contexts (Bell et al., ).…”
Section: Resultsmentioning
confidence: 99%
See 1 more Smart Citation
“…In this respect, the paper has shown that Streeck and Thelen's lenses of institutional change add significant value in terms of accounting for the multiple dimensions of change following a crisis over time. In moving forward, the paper suggests that assessments of reform following a crisis can be developed by making more explicit linkages with the conceptual insights of institutional literatures in order to conceptualize the multiple outcomes of crises over time and in terms of viewing crisis managers as situated institutional agents who interact with their meta‐institutional contexts (Bell et al., ).…”
Section: Resultsmentioning
confidence: 99%
“…In terms of the 2001 foot and mouth crisis, the disease outbreak was not only an external shock because of the vulnerabilities associated with the illegal importation of infected pig swill to the UK (the most likely explanation for the outbreak), but reflected the institutionally ingrained inertia within Maff, which struggled to cope given the long shadow of the BSE crisis. In terms of this research agenda, there is evidence in the institutional change literature of the emergence of a review of the ‘sticky’ depictions of institutional life in that the institutional change literature should, when seeking to explain the patterns of crises and critical junctures, ‘consider the dialectical interactions over time between agents located within specific institutions and wider meta‐institutional contexts’ (Bell et al., ). This paper supports this position in terms of assessing the dynamics of situated agents as crisis managers and their politico‐bureaucratic contexts over time.…”
Section: Discussion: Developing the Existing Categorizations Of Post‐mentioning
confidence: 99%
“…This approach to studying agents, who in this instance are party leaders, to shape their environment can also be seen as having ties to historical institutionalism (HI). For instance, in the view of Bell (2011Bell ( , 2012 and Bell and Feng (2014), by avoiding 'sticky versions of HI' and instead by using an 'agents in context' approach to historical institutionalism, both exogenous and endogenous changes can be successfully explored. The approach of this article is to explore the context in which the ALP as an institution evolved, while recognising the importance of party leaders as central agents in these institutions.…”
Section: Introductionmentioning
confidence: 99%
“…Earlier versions of institutional theory and historical institutionalism in particular have been criticised for portraying institutions as overly constraining, deterministic and resistant to change (Schmidt, 2010: 2; Blyth, 1997: 230;Bell, 2011;Bell and Feng, 2014;Bell and Hindmoor, 2014). Thelen and Steinmo (1992: 16) argue that a "critical inadequacy of institutionalist analysis has been a tendency towards mechanical, static accounts that largely bracket the issue of change and sometimes lapse inadvertently into institutional determinism".…”
Section: Analytical Frameworkmentioning
confidence: 99%
“…As described in more detail in Chapter 3, Agents in Context Historical Institutionalism (AiC-HI) was developed by as a more flexible version of historical institutionalism that integrates a broader range of causal variables, including formal and informal agents, institutions, ideas, context and structure, but which does not privilege any one of these variables over another. To date, AiC-HI has primarily been applied as an analytical framework to better understand the subject area of banking and financial systems (see Bell and Hindmoor, 2014;Bell and Feng, 2014;Bell, 2012). This thesis therefore makes a theoretical contribution to knowledge by extending the application of AiC-HI to a new subject area.…”
Section: Contribution To Knowledgementioning
confidence: 99%