Why Have Chinese Reforms Come to a Halt? The Political Economic Logic of Unfinished Transformation

References

• Acemoglu, D. & Robinson, J. A. (2012) Why Nations Fail: The Origins of Power, Prosperity, and Poverty (New York, NY, Crown Publishers).
   Google Scholar
• Borst, N. (2014) ‘Flying Blind. How Shadow Banks in Emerging Markets Have Become the Global Economy’s Greatest Threat’, The World Economy, Winter.
   Google Scholar
• Brandt, L. & Rawski, T. G. (eds) (2008) China’s Great Economic Transformation (New York, NY, Cambridge University Press).
   Google Scholar
• Chai, H. & Song, X. (2013) ‘The Adaptive State—Understanding Political Reform in China’, Policy Studies, 34, 1.
   Web of Science ®Google Scholar
• Chu, W. (2010) ‘Market Socialism, Chinese Style: Bringing Development back into Economic Theory’, China Economic Journal, 3, 3.
   Google Scholar
• Csanádi, M. (2005) ‘Reforms and Transformation Paths in Comparative Perspective: Challenging Comparative Views on East European and Chinese Reforms’, Acta Oeconomica, 55, 2.
   Google Scholar
• Deng, F. (2013) ‘Land Development Right and Collective Ownership in China’, Post-Communist Economies, 25, 2.
   Web of Science ®Google Scholar
• Duckett, J. (1998) The Entrepreneurial State in China: Real Estate and Commerce Departments in the Reform Era in Tianjin (New York, NY, Routledge).
   Google Scholar
• Fan, J., Morck, R. & Yeung, B. (2011) Capitalizing China, NBER Working Paper No. 17687, December.10.3386/w17687
   Google Scholar
• Fu, X. & Balasubramanyam, V. N. (2002) Township and Village Enterprises in China, Working Paper, 001 (Lancaster, Lancaster University Management School).
   Google Scholar
• Fu, X. & Balasubramanyam, V. N. (2005) ‘Exports, Foreign Direct Investment and Employment: The Case of China’, The World Economy, 28, 4.
   Web of Science ®Google Scholar
• Guo, S. (2003) ‘The Ownership Reform in China: What Direction and How Far?’, Journal of Contemporary China, 12, 36.
   Google Scholar
• Hellman, J. S. (1998) ‘Winners Take All: The Politics of Partial Reform in Postcommunist Transitions’, World Politics, 50, 2.
   Web of Science ®Google Scholar
• Ho, W. Ch. (2013) ‘The New “Comprador Class”: The Re-emergence of Bureaucratic Capitalists in post-Deng China’, Journal of Contemporary China, 22, 83.
   Web of Science ®Google Scholar
• Hong, Y. (2014) ‘The Ascendency of State-owned Enterprises in China: Development, Controversy and Problems’, Journal of Contemporary China, 23, 85.
   Web of Science ®Google Scholar
• Hu, J. (2014) ‘Is China Headed for a Debt Crisis?’, China Today, June.
   Google Scholar
• Huang, Y. (2008) Capitalism with Chinese Characteristics. Entrepreneurship and the State (New York, NY, Cambridge University Press).10.1017/CBO9780511754210
   Google Scholar
• Huang, Y. (2013) ‘Democratize or Die. Why China’s Communists Face Reform or Revolution’, Foreign Affairs, 92, 1, January/February.
   Web of Science ®Google Scholar
• Huo, S. (1995) ‘The Company Law of the People’s Republic of China’, UCLA Pacific Basin Law Journal, 13, 2.
   Google Scholar
• Kitschelt, H. & Wilkinson, S. I. (eds) (2007) Patrons, Clients, and Policies. Patterns of Democratic Accountability and Political Competition (Cambridge, Cambridge University Press).
   Google Scholar
• Kornai, J. (1992) The Socialist System. The Political Economy of Communism (Oxford, Clarendon Press).10.1093/0198287763.001.0001
   Google Scholar
• Kornai, J. (2000) ‘What the Change of System From Socialism to Capitalism Does and Does Not Mean’, Journal of Economic Perspectives, 14, 1.
   Web of Science ®Google Scholar
• Lau, L. J., Qian, Y. & Roland, G. (2000) ‘Reform without Losers: An Interpretation of China’s Dual-Track Approach to Transition’, Journal of Political Economy, 108, 1.
   Web of Science ®Google Scholar
• Lo, C. (2013) ‘What Ponzi Scheme? The Risks of China’s Shadow Banking System are Manageable’, The International Economy, Summer.
   Google Scholar
• Lu, X. (2000) ‘Booty Socialism, Bureau-Preneurs, and the State in Transition: Organizational Corruption in China’, Comparative Politics, 32, 3.
   Web of Science ®Google Scholar
• Lu, X. & Gore, L. (1999) ‘The Communist Legacy in Post-Mao Economic Growth’, China Journal, 41.
   Web of Science ®Google Scholar
• Malmgren, K. P. (2014) ‘China Under Attack. An Economy Amazingly Vulnerable to Bad News’, The World Economy, Winter.
   Google Scholar
• McGregor, J. (2012) No Ancient Wisdom, No Followers. The Challenges of Chinese Authoritarian Capitalism (Westport, CT, Prospecta Press).
   Google Scholar
• Meisner, M. (1996) The Deng Xiaoping Era: An Inquiry into the Fate of Chinese Socialism, 1978–1994 (New York, NY, Hill and Wang).
   Google Scholar
• Mu, R. & Zhang, X. (2014) ‘Do Elected Leaders in a Limited Democracy have Real Power? Evidence from Rural China’, Journal of Development Economics, 107, March.
   Web of Science ®Google Scholar
• Nathan, A. (2003) ‘Authoritarian Resilience’, Journal of Democracy, 14, 1.
   Web of Science ®Google Scholar
• Naughton, B. (2007) The Chinese Economy. Transitions and Growth (Cambridge, MA, The MIT Press).
   Google Scholar
• Naughton, B. (2008) ‘A Political Economy of China’s Economic Transition’, in Brandt, L. & Rawski, T. G. (eds).
   Google Scholar
• Nolan, P. (2004) Transforming China: Globalization, Transition and Development (London, Anthem Press).
   Google Scholar
• North, D. C. (1990) Institutions, Institutional Change, and Economic Performance (Cambridge, Cambridge University Press).10.1017/CBO9780511808678
   Google Scholar
• North, D. C., Wallis, J. J. & Weingast, B. R. (2009) Violence and Social Orders. A Conceptual Framework for Interpreting Recorded Human History (Cambridge, Cambridge University Press).10.1017/CBO9780511575839
   Google Scholar
• OECD (2010) OECD Economic Surveys: China 2010 (Paris, OECD Publishing).
   Google Scholar
• OECD (2013) OECD Economic Surveys: China 2013 (Paris, OECD Publishing).
   Google Scholar
• Ong, L. H. & Göbel, C. (2014) ‘Social Unrest in China’, in Brown, K. (ed.) China and the EU in Context. Insights for Business and Investors (New York, NY, Palgrave Macmillan).
   Google Scholar
• Pei, M. (2006) China’s Trapped Transition. The Limits of Developmental Autocracy (Cambridge, MA, Harvard University Press).10.4159/9780674041981
   Google Scholar
• Pei, M. (2007) China’s Trapped Transition Reconsidered (Oxford, The Foundation for Law, Justice and Society, Rule of Law in China publications), available at: http://www.fljs.org/sites/www.fljs.org/files/publications/Pei_pb10%25231%2523.pdf, accessed 31 January 2018.
   Google Scholar
• Pei, M. (2014) ‘The Chinese Political Order: Resilience or Decay?’, Modern China Studies, 21, 1.
   Google Scholar
• Redding, G. & Witt, M. A. (2007) The Future of Chinese Capitalism: Choices and Chances (Oxford, Oxford University Press).
   Google Scholar
• Redding, G. & Witt, M. A. (eds) (2014a) The Oxford Handbook of Asian Business Systems (Oxford, Oxford University Press).
   Google Scholar
• Redding, G. & Witt, M. A. (2014b) ‘China: Authoritarian Capitalism’, in Redding, G. & Witt, M. A. (eds).
   Google Scholar
• Ross, J. (2014) ‘Why China Won’t Suffer a “Debt Crisis”’, China Today, June.
   Google Scholar
• Sargeson, S. (2013) ‘Violence as Development: Land Expropriation and China’s Urbanization’, The Journal of Peasant Studies, 40, 6.
   Web of Science ®Google Scholar
• Shambaugh, D. (2013) ‘Assessing China’s New Leadership One Year On’, paper prepared for the conference Cross-Strait Developments in 2013: New Trends & Prospects, Washington, DC, Carnegie Endowment for International Peace, 3–4 October.
   Google Scholar
• Shambaugh, D. (2016) China’s Future (Cambridge, Polity Press).
   Google Scholar
• Shih, V. C. (2008) Faction and Finance in China. Elite Conflict and Inflation (Cambridge, Cambridge University Press).
   Google Scholar
• Shirk, S. L. (1993) The Political Logic of Economic Reform in China (Berkeley, CA, University of California Press).
   Google Scholar
• Shirk, S. L. (2007) China, Fragile Superpower (New York, NY, Oxford University Press).
   Google Scholar
• Sicular, T. (2013) ‘The Challenge of High Inequality in China’, Inequality in Focus, 2, 2 (Washington, DC, The World Bank), available at: http://documents.worldbank.org/curated/en/254081468218393028/pdf/825220BRI0Ineq00Box379865B00PUBLIC0.pdf, accessed 23 November 2017.
   Google Scholar
• Szamosszegi, A. & Kyle, C. (2011) ‘An Analysis of State‐owned Enterprises and State Capitalism in China’, U.S.–China Economic and Security Review Commission, 26 October (Washington, DC, Capital Trade, Incorporated), available at: https://www.uscc.gov/sites/default/files/Research/10_26_11_CapitalTradeSOEStudy.pdf, accessed 31 January 2018.
   Google Scholar
• Tang, S. (2011) A General Theory of Institutional Change (New York, NY, Routledge).
   Google Scholar
• Tsai, K. S. (2006) ‘Adaptive Informal Institutions and Endogenous Institutional Change in China’, World Politics, 59, 1.
   Web of Science ®Google Scholar
• Tsai, K. S. (2007) Capitalism Without Democracy. The Private Sector in Contemporary China (Ithaca, NY, Cornell University Press).
   Google Scholar
• Walter, C. E. & Howie, F. J. T. (2011) Red Capitalism. The Fragile Financial Foundation of China’s Extraordinary Rise (Singapore, John Wiley & Sons).
   Google Scholar
• Wong, C. M. (2013) ‘Beijing seeks to pop ballooning NPLs’, Asiamoney, September.
   Google Scholar
• Woo, W. T. (2012) ‘China Meets the Middle-Income Trap: The Large Potholes in the Road to Catching-up’, Journal of Chinese Economic and Business Studies, 10, 4.
   Google Scholar
• World Bank (2002) Global Development Finance, 2001: Building Coalitions for Effective Development Finance, Vol. 1 (Washington, DC, The World Bank).
   Google Scholar
• Wu, J. (2005) Understanding and Interpreting Chinese Economic Reform (Mason, OH, Texere Thomson).
   Google Scholar
• Wu, J. & Ma, G. (2016) Whither China? Restarting the Reform Agenda (New York, NY, Oxford University Press).
   Google Scholar
• Xiao, G. (2004) People’s Republic of China’s Round-tripping FDI: Scale, Causes and Implications, Working Papers Series, No. 1137, July (Hong-Kong, HIEBS).
   Google Scholar
• Xie, Y. (2008) ‘Party Adaptation and the Prospects for Democratization in Authoritarian China’, Issues & Studies, 44, 2.
   Google Scholar
• Xu, C. (2011) ‘The Fundamental Institutions of China’s Reforms and Development’, Journal of Economic Literature, 49, 4.
   Web of Science ®Google Scholar
• Yeh, A. G. O., Xu, J. & Liu, K. (2011) ‘China’s Post-Reform Urbanization: Retrospect, Policies and Trends’, Urbanization and Emerging Population Issues, 5, May (London, Human Settlements Group, IIED).
   Google Scholar
• Yuen, S. (2014) ‘China’s New Rural Land Reform? Assessment and Prospects’, China Perspectives, 1.
   Google Scholar
• Zheng, Y. & Chen, M. (2009) ‘China’s State-Owned Enterprise Reform and Its Discontents’, Problems of Post-Communism, 56, 2.
   Web of Science ®Google Scholar