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Institutional change and economic transition: market-enhancing governance, Chinese-style

This study introduces a coherent comparative concept of governance, applies it to China, and elaborates to what extent the Chinese institutional matrix exhibits characteristics of a market-enhancing governance structure (MEGS). It is argued that a subtle interplay of political and economic instituti...

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Published in:	The European journal of comparative economics : EJCE 2006-06, Vol.3 (1), p.75-102
Main Authors:	Ahrens, Joachim, Mengeringhaus, Philipp
Format:	Article
Language:	English
Subjects:	China Corporate governance Democratization Economic aspects Economic conditions Economic growth Economic policy Economic reform Economic structure Enforcement GDP Governance Gross Domestic Product institution building Institutional change Institutional economics Market market-enhancing governance Policy making policy reform Political economy Public policy Public sector Reform Studies transition Transition economies
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container_title	The European journal of comparative economics : EJCE
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creator	Ahrens, Joachim Mengeringhaus, Philipp
description	This study introduces a coherent comparative concept of governance, applies it to China, and elaborates to what extent the Chinese institutional matrix exhibits characteristics of a market-enhancing governance structure (MEGS). It is argued that a subtle interplay of political and economic institutions created a stable and viable politico-institutional foundation which made China's unorthodox transition strategy politically feasible and economically effective. The paper concludes with an assessment of the quality of the overall Chinese governance structure and its expected implications for the future transition process. [PUBLICATION ABSTRACT]
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source	EconLit s plnými texty; International Bibliography of the Social Sciences (IBSS); Business Source Ultimate; ABI/INFORM global; Publicly Available Content Database
subjects	China Corporate governance Democratization Economic aspects Economic conditions Economic growth Economic policy Economic reform Economic structure Enforcement GDP Governance Gross Domestic Product institution building Institutional change Institutional economics Market market-enhancing governance Policy making policy reform Political economy Public policy Public sector Reform Studies transition Transition economies
title	Institutional change and economic transition: market-enhancing governance, Chinese-style
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