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China has created a distinct economic system. Yet despite a growing literature with valuable contributions on the … institutional arrangements under 'capitalism with Chinese characteristics', the precise economic mechanisms underpinning China …'s state-market relations remain undertheorised. In this paper we develop a conceptual framework of what we call China's state …
Persistent link: https://www.econbiz.de/10012793578
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and investment overheating in China. These two phenomena emerged between 2008 and 2011 as a direct consequence of an … characteristics of transforming economy in China as actors in the private sphere were mobilized by the increased input demand of those …
Persistent link: https://www.econbiz.de/10010212541
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Motivated by growing concerns about the risks and instability of China's financial system, this article reviews several … commonly perceived financial risks and discusses their roots in China's politico-economic institutions. We emphasize the need … to evaluate these risks within China's unique economic and financial systems, in which the state and non-state sectors …
Persistent link: https://www.econbiz.de/10012453483
Motivated by growing concerns about the risks and instability of China's financial system, this article reviews several … commonly perceived financial risks and discusses their roots in China's politico-economic institutions. We emphasize the need … to evaluate these risks within China's unique economic and financial systems, in which the state and non-state sectors …
Persistent link: https://www.econbiz.de/10012929553
Motivated by growing concerns about the risks and instability of China's financial system, this article reviews several … commonly perceived financial risks and discusses their roots in China's politico-economic institutions. We emphasize the need … to evaluate these risks within China's unique economic and financial systems, in which the state and non-state sectors …
Persistent link: https://www.econbiz.de/10012900225
This paper examines the role of political affiliation in the extension of trade credit by Chinese firms. Using a data-set of over 70,000 firms over the period 2000-2007, we find that, because they benefit from easier access to short-term external funding, politically affiliated firms can extend...
Persistent link: https://www.econbiz.de/10013117961