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http://hdl.handle.net/10419/55399
  

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dc.contributor.authorAhrens, Joachimen_US
dc.contributor.authorJ√ľnemann, Patricken_US
dc.date.accessioned2012-02-14en_US
dc.date.accessioned2012-02-16T16:50:34Z-
dc.date.available2012-02-16T16:50:34Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/55399-
dc.description.abstractThe paper focuses on institutional change and institution building as integral parts of economic transition in China. China's success, particularly compared with other advanced transition economies, implies a puzzling observation: China did not apply theoretically-derived policy recommendations. Instead, authorities followed a gradual, pragmatic approach to reform, decentralize, and transform the economy. Notable examples of non-orthodox policy measures, which worked effectively in China, include so-called transitional institutions such as the dual-track approach to industrial restructuring, anonymous banking, the establishment of special economic zones or the priority given to create competitive structures while postponing large-scale privatization of state-owned enterprises. Hence, it is not evident what kind of market economy will emerge in China in the long run. The paper aims at (i) applying the Varieties-of-Capitalism (VoC) framework to China and assessing its suitability in a transition context; (ii) addressing the question of what kind of market economy is emerging in China; (iii) analyzing the impact which the emerging type of capitalism will have on the economy's allocative and dynamic efficiency; and (iv) elaborating policy implications which may help generate or strengthen potential institutional complementarities in the long run.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesOrdnungspolitische Diskurse 2010-11en_US
dc.subject.jelH0en_US
dc.subject.jelO53en_US
dc.subject.jelP2en_US
dc.subject.jelP3en_US
dc.subject.ddc330en_US
dc.subject.keywordinstituteen_US
dc.subject.keywordChinaen_US
dc.subject.keywordcapitalismen_US
dc.subject.stwVarieties of Capitalismen_US
dc.subject.stwSystemtransformationen_US
dc.subject.stwInstitutioneller Wandelen_US
dc.subject.stwKapitalismusen_US
dc.subject.stwStaatliche Einflussnahmeen_US
dc.subject.stwChinaen_US
dc.titleTransitional institutions, institutional complementarities and economic performance in China: A 'Varieties of Capitalism' approachen_US
dc.typeWorking Paperen_US
dc.identifier.ppn685236498en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:opodis:201011-
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