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dc.contributor.authorHerrmann-Pillath, Carstenen_US
dc.date.accessioned2011-12-07en_US
dc.date.accessioned2011-12-09T12:30:22Z-
dc.date.available2011-12-09T12:30:22Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/52683-
dc.description.abstractBuilding on a new model of institutions proposed by Aoki and the systemic approach to economic civilizations outlined by Kuran, this paper attempts an analysis of the cultural foundations of recent Chinese economic development. I argue that the cultural impact needs to be conceived as a creative process that involves linguistic entities and other public social items in order to provide integrative meaning to economic interactions and identities to different agents involved. I focus on three phenomena that stand at the center of economic culture in China, networks, localism and modernism. I eschew the standard dualism of individualism vs. collectivism in favour of a more detailed view on the self in social relationships. The Chinese pattern of social relations, guanxi, is also a constituent of localism, i.e. a peculiar arrangement and resulting dynamics of central-local interactions in governing the economy. Localism is balanced by culturalist controls of the center, which in contemporary China builds on the worldview of modernism. Thus, economic modernization is a cultural phenomenon on its own sake. I summarize these interactions in a process analysis based on Aoki's framework.en_US
dc.language.isoengen_US
dc.publisherFrankfurt School of Finance & Management Frankfurt, M.en_US
dc.relation.ispartofseriesWorking paper series // Frankfurt School of Finance & Management 181en_US
dc.subject.jelB52en_US
dc.subject.jelP2en_US
dc.subject.jelZ1en_US
dc.subject.ddc330en_US
dc.subject.keywordAokien_US
dc.subject.keywordculture and the economyen_US
dc.subject.keywordemics/eticsen_US
dc.subject.keywordguanxien_US
dc.subject.keywordrelational collectivismen_US
dc.subject.keywordcentral/local government relationsen_US
dc.subject.keywordculturalismen_US
dc.subject.keywordpopulation qualityen_US
dc.subject.keywordconsumerismen_US
dc.titleMaking sense of institutional change in China: The cultural dimension of economic growth and modernizationen_US
dc.typeWorking Paperen_US
dc.identifier.ppn678803528en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:fsfmwp:181-
Appears in Collections:Frankfurt School - Working Paper Series, Frankfurt School of Finance and Management

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