States, Intergovernmental Relations, and Market Development : Comparing Capitalist Growth in Contemporary China and 19th Century United States (Governing China in the 21st Century)

Cheng, Jinhua

Palgrave Macmillan（2018/05発売）

• 製本 Hardcover:ハードカバー版／ページ数 233 p.
• 言語 ENG
• 商品コード 9781137590916
• DDC分類 320

Full Description

This book is a theoretical and empirical analysis of institutional foundation of long-term economic growth from the perspective of state-market and central-local relations. The book argues that, in order to safeguard sustainable market development, it is necessary to centralize certain functions of the state to overcome local predatory governmental rulings, and to decentralize others to increase local governmental market incentives, simultaneously. This institutional approach is conceptualized as "Dual Intergovernmental Transformation for Market Development" (DITMD). This book develops the DITMD model through an in-depth empirical comparison on contemporary China and the 19th-century United States.

Contents

1. Introduction.- 2. Decentralization for Economic Growth: A Critical Review.- 3. Dual Intergovernmental Transformation for Market Development.- 4. Federalism and the Rise of the Corporate Economy in the Nineteenth-Century United States.- 5. Central-Local Relations and the Rise of the Corporate Economy in Contemporary China.- 6. DITMD Versus MPF: Conclusion and Implications.