China's Gilded Age
eBook - PDF

China's Gilded Age

The Paradox of Economic Boom and Vast Corruption

Yuen Yuen Ang

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

China's Gilded Age

The Paradox of Economic Boom and Vast Corruption

Yuen Yuen Ang

Book details
Table of contents
Citations

About This Book

Why has China grown so fast for so long despite vast corruption? In China's Gilded Age, Yuen Yuen Ang maintains that all corruption is harmful, but not all types of corruption hurt growth. 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 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.

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Information

Publisher
Cambridge University Press
Year
2020
ISBN
9781108804493
Topic
Politique et relations internationales
Subtopic
Politique

Table of contents

  1. Cover
  2. Half-title page
  3. Title page
  4. Copyright page
  5. Dedication
  6. Contents
  7. List of Figures
  8. List of Tables
  9. Acknowledgments
  10. Chapter 1 Introduction: China’s Gilded Age
  11. Chapter 2 Unbundling Corruption across Countries
  12. Chapter 3 Unbundling Corruption over Time
  13. Chapter 4 Profit-Sharing, Chinese-Style
  14. Chapter 5 Corrupt and Competent
  15. Chapter 6 All the King’s Men
  16. Chapter 7 Rethinking Nine Big Questions
  17. Appendix
  18. References
  19. Index
Citation styles for China's Gilded Age

APA 6 Citation

Ang, Y. Y. (2020). China’s Gilded Age ([edition unavailable]). Cambridge University Press. Retrieved from https://www.perlego.com/book/4223289 (Original work published 2020)

Chicago Citation

Ang, Yuen Yuen. (2020) 2020. China’s Gilded Age. [Edition unavailable]. Cambridge University Press. https://www.perlego.com/book/4223289.

Harvard Citation

Ang, Y. Y. (2020) China’s Gilded Age. [edition unavailable]. Cambridge University Press. Available at: https://www.perlego.com/book/4223289 (Accessed: 26 June 2024).

MLA 7 Citation

Ang, Yuen Yuen. China’s Gilded Age. [edition unavailable]. Cambridge University Press, 2020. Web. 26 June 2024.