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Book Synopsis

In this incisive analysis of one of the most spectacular economic breakthroughs in the Deng era, Jean C. Oi shows how and why Chinese rural-based industry has become the fastest growing economic sector not just in China but in the world. Oi argues that decollectivization and fiscal decentralization provided party officials of the localities—counties, townships, and villages—with the incentives to act as entrepreneurs and to promote rural industrialization in many areas of the Chinese countryside. As a result, the corporatism practiced by local officials has become effective enough to challenge the centrality of the national state.

Rural China Takes Off: Institutional Foundations

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A Hardback by Jean C. Oi, "Б2Б-Перевод" agency

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    View other formats and editions of Rural China Takes Off: Institutional Foundations by Jean C. Oi

    Publisher: Academic Studies Press
    Publication Date: 04/10/2022
    ISBN13: 9798887190754, 979-8887190754
    ISBN10: 9798887190754
    Also in:
    Economics of specific sectors Political economy

    Description

    Book Synopsis

    In this incisive analysis of one of the most spectacular economic breakthroughs in the Deng era, Jean C. Oi shows how and why Chinese rural-based industry has become the fastest growing economic sector not just in China but in the world. Oi argues that decollectivization and fiscal decentralization provided party officials of the localities—counties, townships, and villages—with the incentives to act as entrepreneurs and to promote rural industrialization in many areas of the Chinese countryside. As a result, the corporatism practiced by local officials has become effective enough to challenge the centrality of the national state.

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