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In many respects, the specifically Chinese way of transition from the planned to the market economy contradicts … the Chinese transition followed a trajectory which maintained high levels of coordination efficiency, in particular with …
Persistent link: https://www.econbiz.de/10014054018
The concepts of quot;social capitalquot; and quot;networksquot; gain increasing acceptance even in core branches of economics as growth theory and international trade. International organizations have begun to condition credit approval on the availability of social capital in lender communities....
Persistent link: https://www.econbiz.de/10012726811
The concept of path-dependence is applied on the Chinese transition to the market economy, bearing the questions in … case of gradualism as opposed to "big bang" transition. I introduce three different types of path-dependence and argue that …
Persistent link: https://www.econbiz.de/10014054007