Demystifying the Chinese Miracle: The Rise and Future of Relational Capitalism - Softcover

Yongqin, Wang

9781138915275: Demystifying the Chinese Miracle: The Rise and Future of Relational Capitalism

Softcover

ISBN 10: 1138915270 ISBN 13: 9781138915275

Verlag: Routledge, 2015

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The book attempts to explain China’s phenomenal economic miracle and to predict its future through a theoretical framework which accounts for the dynamic relationship between economic development and institutions. It unravels China’s economic miracle in light of the theory introduced.

The book presents the theory of interlinked relational contract, the workhorse model of the book. The theory highlights that effective governance is a function of market extent and market completeness.

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�ber die Autorin bzw. den Autor

Yongqin Wang is currently Associate Professor at the China Center for Economic Studies (CCES), Fudan University, and has held visiting position at Yale University (2008-2010). He received his Phd in Economics from Fudan University in 2004 and has also visited Queen’s University (Kingston, Canada) and IDEI, University of Toulouse 1 (Toulouse, France) as a visiting scholar. His main research interests include microeconomic theory, financial economics, development economics, and Chinese economy.

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