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Did Government Decentralization Cause China's Economic Miracle?
by
Treisman, Daniel
, Cai, Hongbin
in
Bank loans
/ Beijing, Peoples Republic of China
/ Budget constraint
/ Budget constraints
/ China
/ Competition
/ Corporations
/ Decentralization
/ Economic competition
/ Economic conditions
/ Economic Development
/ Economic growth
/ Economic performance
/ Economic Policy
/ Economic reform
/ Economics
/ Experiments
/ Federalism
/ Financial liberalization
/ Fiscal policy
/ GDP
/ Gross Domestic Product
/ International politics
/ Intervention
/ Liberalization
/ Local government
/ Market
/ Peoples Republic of China
/ Political reform
/ Politics
/ Public officials
/ Reform
/ Reforms
2006
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Did Government Decentralization Cause China's Economic Miracle?
by
Treisman, Daniel
, Cai, Hongbin
in
Bank loans
/ Beijing, Peoples Republic of China
/ Budget constraint
/ Budget constraints
/ China
/ Competition
/ Corporations
/ Decentralization
/ Economic competition
/ Economic conditions
/ Economic Development
/ Economic growth
/ Economic performance
/ Economic Policy
/ Economic reform
/ Economics
/ Experiments
/ Federalism
/ Financial liberalization
/ Fiscal policy
/ GDP
/ Gross Domestic Product
/ International politics
/ Intervention
/ Liberalization
/ Local government
/ Market
/ Peoples Republic of China
/ Political reform
/ Politics
/ Public officials
/ Reform
/ Reforms
2006
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Do you wish to request the book?
Did Government Decentralization Cause China's Economic Miracle?
by
Treisman, Daniel
, Cai, Hongbin
in
Bank loans
/ Beijing, Peoples Republic of China
/ Budget constraint
/ Budget constraints
/ China
/ Competition
/ Corporations
/ Decentralization
/ Economic competition
/ Economic conditions
/ Economic Development
/ Economic growth
/ Economic performance
/ Economic Policy
/ Economic reform
/ Economics
/ Experiments
/ Federalism
/ Financial liberalization
/ Fiscal policy
/ GDP
/ Gross Domestic Product
/ International politics
/ Intervention
/ Liberalization
/ Local government
/ Market
/ Peoples Republic of China
/ Political reform
/ Politics
/ Public officials
/ Reform
/ Reforms
2006
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Did Government Decentralization Cause China's Economic Miracle?
Journal Article
Did Government Decentralization Cause China's Economic Miracle?
2006
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Overview
Many scholars attribute China's market reforms and the remarkable economic performance they have fostered in part to the country's political and fiscal decentralization. Political decentralization is said to have stimulated local policy experiments and restrained predatory central interventions. Fiscal decentralization is thought to have motivated local officials to promote development and harden enterprises' budget constraints. The locally diversified structure of the prereform economy is said to have facilitated liberalization. Reexamining these arguments, the authors find that none establishes a convincing link between political or fiscal decentralization and China's successes. They suggest an alternative view of the reform process in which growth-enhancing policies emerged from competition between promarket and conservative factions in Beijing.
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