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Capitalism from Below: Markets and Institutional Change in China
More than 630 million Chinese have escaped poverty since the 1980s, reducing the fraction remaining from 82 to 10 percent of the population. This astonishing decline in poverty, the largest in history, coincided with the rapid growth of a private enterprise economy. Yet private enterprise in China emerged in spite of impediments set up by the Chinese government. How did pr ...more
Hardcover, 431 pages
Published June 19th 2012 by Harvard University Press
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Capitalism from below is rather interesting in the conclusions it draws. Challenging the commonly held assumption that the PRC government was the main driving factor of Chinese economic moderization and success, Nee and Opper advance a theory of economic advancement through informal social and familial relationships that operated outside the scope of the Chinese Communist Party's bureaucracy. Overall, the argument is a bit too sociological for my tastes. A lot of development literature is big on ...more
Frank and Rosa Rhodes Professor and Director of the Center for the Study of Economy and Society at Cornell University. He is also a visiting professor of Social Research and Public Policy at New York University Abu Dhabi. He earned his Ph.D. in Sociology at Harvard University in 1977. Nee received the John Simon Guggenheim Fellowship in 2007, and has been a visiting fellow at the Russell Sage Foun ...more