Aditya Bharadwaj

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In particular, this chapter will highlight the reconfiguration of pre-existing personal and informal networks and communist modes of political organization to stimulate capitalist investments. Chapter 4 recounted the harnessing of high-powered incentives embedded in prebendal practices (i.e., allowing public agents to collect a share of public revenue generated rather than paying them fixed formal salaries) to motivate bureaucratic self-financing and entrepreneurism. Chapter 7 will explore the role of communal affiliations, noncodified public financing, and rampant piracy in market building in ...more
How China Escaped the Poverty Trap
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