000 02511cam a2200301 i 4500
001 on1144725514
003 OCoLC
007 ta
008 210202s2020 enka b 001 0 eng
020 _a9781108478601 (hbk.)
020 _a1108478603 (hbk.)
035 _a(OCoLC)1144725514
050 _aJQ1509.5.C6
_bA54 2020
100 1 _aAng, Yuen Yuen,
_d1979-
245 1 0 _aChina's gilded age :
_bthe paradox of economic boom and vast corruption /
_cYuen Yuen Ang.
260 _aCambridge, UK :
_bCambridge University Press,
_c2020.
300 _axv, 257 p. :
_bill. (black and white)
504 _aIncludes bibliographical references and index.
505 0 _aIntroduction : China's gilded age -- Unbundling corruption across countries -- Unbundling corruption over time -- Profit-sharing, Chinese style Corrupt & Competent -- All the king's men -- Rethinking nine big questions.
520 _a"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 varieties: 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 ways: 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 anticorruption 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, not only in China but around the world."--
650 4 _aPolitical corruption
_xEconomic aspects
_zChina.
650 4 _aCorruption
_xEconomic aspects
_zChina.
650 4 _aEconomic development
_xMoral and ethical aspects
_zChina.
650 4 _aCapitalism
_xMoral and ethical aspects
_zChina.
651 4 _aChina
_xPolitics and government
_y2002-
651 4 _aChina
_xEconomic conditions
_y2000-
942 _2lcc
_cBK
999 _c191
_d191