Double Paradox

Double Paradox
Author: Andrew H. Wedeman
Publisher: Cornell University Press
Total Pages: 273
Release: 2012-03-15
Genre: Political Science
ISBN: 0801464749


Download Double Paradox Book in PDF, Epub and Kindle

According to conventional wisdom, rising corruption reduces economic growth. And yet, between 1978 and 2010, even as officials were looting state coffers, extorting bribes, raking in kickbacks, and scraping off rents at unprecedented rates, the Chinese economy grew at an average annual rate of 9 percent. In Double Paradox, Andrew Wedeman seeks to explain why the Chinese economy performed so well despite widespread corruption at almost kleptocratic levels. Wedeman finds that the Chinese economy was able to survive predatory corruption because corruption did not explode until after economic reforms had unleashed dynamic growth. To a considerable extent corruption was also a by-product of the transfer of undervalued assets from the state to the emerging private and corporate sectors and a scramble to capture the windfall profits created by their transfer. Perhaps most critically, an anti-corruption campaign, however flawed, has proved sufficient to prevent corruption from spiraling out of control. Drawing on more than three decades of data from China—as well as examples of the interplay between corruption and growth in South Korea, Taiwan, Equatorial Guinea, and other nations in Africa and the Caribbean—Wedeman cautions that rapid growth requires not only ongoing and improved anticorruption efforts but also consolidated and strengthened property rights.


Double Paradox
Language: en
Pages: 273
Authors: Andrew H. Wedeman
Categories: Political Science
Type: BOOK - Published: 2012-03-15 - Publisher: Cornell University Press

GET EBOOK

According to conventional wisdom, rising corruption reduces economic growth. And yet, between 1978 and 2010, even as officials were looting state coffers, extor
Paradox
Language: en
Pages: 242
Authors: A. J. Paquette
Categories: Amnesia
Type: BOOK - Published: 2013 - Publisher: Random House Books for Young Readers

GET EBOOK

Fans of James Dashner's Maze Runner series are sure to love this post-apocalyptic adventure about a girl who must survive an alien planet in order to save the E
The Abilene Paradox and Other Meditations on Management
Language: en
Pages: 168
Authors: Jerry B. Harvey
Categories: Business & Economics
Type: BOOK - Published: 1988-07-15 - Publisher: Jossey-Bass

GET EBOOK

Do you sometimes feel that your office isn't a place of business but a madhouse in disguise? Is risk-taking so discouraged that mediocrity becomes the order of
The Prosperity Paradox
Language: en
Pages: 415
Authors: Clayton M. Christensen
Categories: Business & Economics
Type: BOOK - Published: 2019-01-15 - Publisher: HarperCollins

GET EBOOK

Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times bestseller How Will You Measure Your Life, and
The Paradox Men
Language: en
Pages: 159
Authors: Charles L. Harness
Categories: English fiction
Type: BOOK - Published: 1953 - Publisher:

GET EBOOK