Article: From fiefs to clans and network capitalism: explaining China's emerging economic order.

China has sustained a rapid rate of economic growth since the inauguration of its economic reform in 1979, with only short-lived interruptions. This success contrasts favorably with most other developing countries (Economist, 1995b) and prompts enquiry into the kind of economic organization that is facilitating such an impressive performance. China's growth has been stimulated by two main developments. The first is a shift in industrial ownership and property rights, with the state playing a diminishing role. The second is the increasing part played by market transactions, including a growing integration with the world economy. These developments would appear prima facie to ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!