The lecture reflects upon the nature of Chinese authoritarianism and argues that the core process of political and economic change in China is state-building in the longue durée. In particular, this involves the interaction between the central and the local state. The market is a means to shift...

In many respects, the specifically Chinese way of transition from the planned to the market economy contradicts conventional wisdom of economics. This paper proposes an institutionalist explanation of the seeming paradox, which starts out from the structural diversity of the Chinese economy and...