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Double Paradox
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Double Paradox: Rapid Growth and Rising Corruption in China

Andrew Wedeman

Abstract

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. This book seeks to explain why the Chinese economy performed so well despite widespread corruption at almost kleptocratic levels. The book finds that the Chinese economy was able to survive predatory corruption because corruption did not explode until after economic reforms had unleashed dynam ... More

Keywords: corruption, economic growth, Chinese economy, predatory corruption, anticorruption measures, economic reforms

Bibliographic Information

Print publication date: 2012 Print ISBN-13: 9780801450464
Published to Cornell Scholarship Online: August 2016 DOI:10.7591/cornell/9780801450464.001.0001

Authors

Affiliations are at time of print publication.

Andrew Wedeman, author
Professor of Political Science, the University of Nebraska-Lincoln