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From Mao to Market: Rent Seeking, Local Protectionism, and Marke
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Located in: South East, United Kingdom
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eBay item number:394329343972
Item specifics
- Condition
- Book Title
- From Mao to Market: Rent Seeking, Local Protectionism, and Marke
- ISBN
- 9780521809603
- EAN
- 9780521809603
- Publication Year
- 2003
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Publication Name
- From Mao to Market: Rent Seeking, Local Protectionism, and Marketization in China
- Item Height
- 229mm
- Publisher
- Cambridge University Press
- Item Width
- 152mm
- Subject
- Economics, Government
- Item Weight
- 600g
- Number of Pages
- 294 Pages
About this product
Product Information
Andrew Wedemen argues that China succeeded in moving from a Maoist command economy to a market economy because the central government failed to prevent local governments from forcing prices to market levels. Having partially decontrolled the economy in the early 1980s, economic reformers balked at price reform, opting instead for a hybrid system wherein commodities had two prices, one fixed and one floating. Depressed fixed prices led to 'resource wars', as localities battled each other for control over undervalued commodities while inflated consumer goods prices fueled a headlong investment boom that saturated markets and led to the erection of import barriers. Although local rent seeking and protectionism appeared to carve up the economy, in reality they had not only pushed prices to market levels and cleared the way for sweeping reforms in the 1980s, they had also pushed China past the 'pitfalls' of reform that entrapped other socialist economies.
Product Identifiers
Publisher
Cambridge University Press
ISBN-13
9780521809603
eBay Product ID (ePID)
87820853
Product Key Features
Publication Name
From Mao to Market: Rent Seeking, Local Protectionism, and Marketization in China
Format
Hardcover
Language
English
Subject
Economics, Government
Publication Year
2003
Type
Textbook
Number of Pages
294 Pages
Dimensions
Item Height
229mm
Item Width
152mm
Item Weight
600g
Additional Product Features
Series Title
Cambridge Modern China Series
Country/Region of Manufacture
United Kingdom
Item description from the seller
Business seller information
Value Added Tax Number:
- GB 724498118
Seller assumes all responsibility for this listing.
eBay item number:394329343972
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South East, United Kingdom
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