Over the past three decades, China has undergone a historic transformation. Once illegal, its private business sector now comprises 30 million businesses employing more than 200 million people and accounting for half of China's Gross Domestic Product. Yet despite the optimistic predictions of political observers and global business leaders, the triumph of capitalism has not led to substantial democratic reforms.
In Capitalism without Democracy, Kellee S. Tsai focuses on the activities and aspirations of the private entrepreneurs who are driving China's economic growth. The...
Over the past three decades, China has undergone a historic transformation. Once illegal, its private business sector now comprises 30 million busi...
Over the past three decades, China has undergone a historic transformation. Once illegal, its private business sector now comprises 30 million businesses employing more than 200 million people and accounting for half of China's Gross Domestic Product. Yet despite the optimistic predictions of political observers and global business leaders, the triumph of capitalism has not led to substantial democratic reforms.
In Capitalism without Democracy, Kellee S. Tsai focuses on the activities and aspirations of the private entrepreneurs who are driving China's economic growth. The...
Over the past three decades, China has undergone a historic transformation. Once illegal, its private business sector now comprises 30 million busi...
Kellee S. Tsai draws upon her unparalleled fieldwork in China's world of shadow finance to challenge conventional ideas about the political economy of development. Business owners in China, she shows, have mobilized local social and political resources in innovative ways despite the absence of state-directed credit or a well defined system of private property rights. Entrepreneurs and local officials have been able to draw on the uncertainly of formal political and economic institutions to enhance local prosperity.
Kellee S. Tsai draws upon her unparalleled fieldwork in China's world of shadow finance to challenge conventional ideas about the political economy of...
