
China's Gilded Age: The Paradox of Economic Boom and Vast Corruption book by Yuen Yuen Ang
By Yuen Yuen AngChina's Gilded Age: The Paradox of Economic Boom and Vast Corruption book by Yuen Yuen Ang
Why has China grown so fast for so long despite vast corruption? In China's Gilded Age, Yuen Yuen Ang argues that not all types of corruption hurt growth, nor do they cause the same kind of harm. Ang unbundles corruption into four 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 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.
Book details
- Paperback
- 275 pages
- English
- 1108478603
- 9781108478601
About Yuen Yuen Ang
yuen yuen ang is an andrew carnegie fellow and the inaugural recipient of the theda skocpol prize for emerging scholar, awarded by the american political s Read More about Yuen Yuen Ang
More Books By Yuen Yuen Ang
People who bought this also bought
Red: A Biography of Red Smith, The Life & Times of a Great American Writer book by Ira Berkow
Used Book
SynchroDestiny: Harnessing the Infinite Power of Coincidence to Create Miracles book by Deepak Chopra
Used Book
The Shroud and the Grail: A Modern Quest for the True Grail book by Noel Currer-Briggs
Used Book
Trillion Dollar Coach: The Leadership Playbook of Silicon Valley's Bill Campbell book by Eric Schmidt , Jonathan Rosenberg , Alan Eagle
New Book
The Best of Robert Murray McCheyne : 120 Daily Devotions to Nurture Your Spirit and Refresh Your Soul
Used Book
Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage
New Book
The Story of Western Science: From the Writings of Aristotle to the Big Bang Theory book by Susan Wise Bauer
New Book
The world atlas of wine; a complete guide to the wines and spirits of the world
Used Book
Blood Relations/the Exclusive Inside Story of the Benson Family Murders book by John Greenya
Used Book
Preparing Your Son for Every Man's Battle: Honest Conversations About Sexual Integrity book by Stephen F. Arterburn
New Book
Unmanned: Drones, Data, and the Illusion of Perfect Warfare book by William M. Arkin
New Book
Company of One: Why Staying Small Is the Next Big Thing for Business book by Paul Jarvis
New Book
Greater: Dream Bigger. Start Smaller. Ignite God's Vision for Your Life. book by Steven Furtick
New Book
My Life in Full: Work, Family, and Our Future book by Indra Nooyi
New Book
The Happiness Hypothesis: Finding Modern Truth in Ancient Wisdom book by Jonathan Haidt
New Book
Pocket Guide: Birds of East Africa book by Dave Richards
New Book
African Laughter: Four Visits to Zimbabwe book by Doris Lessing
New Book
Nomad: From Islam to America: A Personal Journey Through the Clash of Civilizations book by Ayaan Hirsi Ali
New Book
Male Daughters, Female Husbands: Gender and Sex in an African Society book by Ifi Amadiume
New Book
The Tell-Tale Brain: A Neuroscientist's Quest for What Makes Us Human book by V.S. Ramachandran
New Book
Surrounded by Narcissists : Or, How to Stop Other People's Egos Ruining Your Life
New Book