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The private sector in public office : selective property rights in China / Yue Hou.

Van Pelt Library JQ1509.5.B8 H68 2019
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Format:
Book
Author/Creator:
Hou, Yue, 1987- author.
Series:
Cambridge studies in comparative politics
Language:
English
Subjects (All):
Business and politics--China.
Business and politics.
Businesspeople--Political activity--China.
Businesspeople.
Entrepreneurship--Political aspects--China.
Entrepreneurship.
Free enterprise--Political aspects--China.
Free enterprise.
Right of property--China.
Right of property.
Businesspeople--Political activity.
China.
Legislative bodies--China.
Legislative bodies.
Local government--China.
Local government.
Political corruption--China.
Political corruption.
Physical Description:
xvii, 184 pages : illustrations (black and white), maps ; 24 cm.
Place of Publication:
Cambridge, United Kingdom ; New York : Cambridge University Press, 2019.
Summary:
This book addresses the long-standing puzzle of how China's private sector manages to grow without secure property rights, and proposes a new theory of selective property rights to explain this phenomenon. Drawing on rich empirical evidence including in-depth interviews, a unique national survey of private entrepreneurs, two original national audit experiments and secondary sources, Professor Yue Hou shows that private entrepreneurs in China actively seek opportunities within formal institutions to advance their business interests. By securing seats in the local legislatures, entrepreneurs use their political capital to deter local officials from demanding bribes, ad hoc taxes, and other types of informal payments. In doing so they create a system of selective, individualized, and predictable property rights. This system of selective property rights is key to understanding the private sector growth in the absence of the rule of law.
Contents:
Introduction
Selective property rights
Private entrepreneurs in legislative office
Motivations to run
Protection from predation
Legislator status and political capital
Conclusion.
Notes:
Includes bibliographical references and index.
ISBN:
9781108498159
1108498159
9781108705530
1108705537
OCLC:
1089258901

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