Why some party-states collapse and others don't? Why some transformations are accompanied by economic crisis while others by economic growth? Are first political or economic transformation strategic alternatives? This paper comprises the essence of the author’s comparative research on...

Why some party-states collapse and others don't? Why some transformations are accompanied by economic crisis while others by economic growth? Are first political or economic transformation strategic alternatives? This paper comprises the essence of the author's comparative research on...

Why some party-states collapse and others don't? Why some transformations are accompanied by economic crisis while others by economic growth? Are first political or economic transformation strategic alternatives? This paper comprises the essence of the author's comparative research on...

The notion of policy experimentation was proposed to explain China’s adaptability in policy-making process. Heilmann (2008a) proposed ‘decentralised experimentation with ad hoc interference’ as the central feature of policy experimentation. Through installing ‘experimental points’ at...

During the coronavirus pandemic, international companies operating in China intensified discussions about relocating their businesses to another country. This has caused by the closed borders and virtually stagnant economy. At the same time, companies operating in different countries have...

Beliefs about whether effort pays off govern some of the most fundamental choices individuals make. This paper uses China's Cultural Revolution to understand how these beliefs can be affected, how they impact behavior, and how they are transmitted across generations. During the Cultural...

This paper surveys China's legal system in the economic reform era. We analyze the role of law in the economy, assessing whether China's formal legal system contributed to those expectations of stable and predictable rights of property and contract that are prerequisites for growth. The paper...

From the start of China's "corporatization without privatization" process in the late 1980s, a Chinese corporate governance regime apparently shareholder-empowering and determined by enabling legal norms has been altered by mandatory governance mechanisms imposed by a state administrative...