Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/55399 
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dc.contributor.authorAhrens, Joachimen
dc.contributor.authorJünemann, Patricken
dc.date.accessioned2012-02-14-
dc.date.accessioned2012-02-16T16:50:34Z-
dc.date.available2012-02-16T16:50:34Z-
dc.date.issued2010-
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
dc.language.isoengen
dc.publisher|aOrdnungsPolitisches Portal (OPO) |cs.l.en
dc.relation.ispartofseries|aOrdnungspolitische Diskurse |x2010-11en
dc.subject.jelH0en
dc.subject.jelO53en
dc.subject.jelP2en
dc.subject.jelP3en
dc.subject.ddc330en
dc.subject.keywordinstituteen
dc.subject.keywordChinaen
dc.subject.keywordcapitalismen
dc.subject.stwVarieties of Capitalismen
dc.subject.stwSystemtransformationen
dc.subject.stwInstitutioneller Wandelen
dc.subject.stwKapitalismusen
dc.subject.stwStaatliche Einflussnahmeen
dc.subject.stwChinaen
dc.titleTransitional institutions, institutional complementarities and economic performance in China: A 'Varieties of Capitalism' approach-
dc.typeWorking Paperen
dc.identifier.ppn685236498en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:opodis:201011en

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