The author focuses on Communist Party-management relations in large and medium-scale Chinese industries since the early 1980s. Analysing these relations in the context of current economic and political reforms, he explores the major problems, the policies that have been pursued to resolve them,...

Is politics a lucrative business? The question is approached in this paper, as one of few to quantify the monetary returns to holding political office in a typical developed democracy where parties are the main political actors. By applying a difference-in-difference setting with a carefully...