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Victor Nee and Sonja Opper, Capitalism from Below: Markets and Institutional Change in China
Published in Springer Nature
2015
Volume: 20
   
Issue: 4
Pages: 487 - 488
Abstract

This book offers an excellent analysis of economic reform and opening up in China, with an exclusive and in depth focus on the various ‘bottom up’ forces that shaped the origin and growth of the private sector in the Yangzi delta region. The authors completed extensive surveys in the Yangzi delta with the help of Chinese academic collaborators, including firm-level surveys. The authors contend that entrepreneurs in the Yangzi delta adopted an approach of ‘crossing the river by feeling the stones’ and invented new sets of informal institutions that over a period of time were successful in shaping the agenda of economic policy making in China.

Among the various approaches to studying China, this particular work seems to fall in the realm of the ‘society centered’ approach. Prior to this study, scholars like Lynn Whyte III put forward the thesis of ‘unstately power’, and Kate Xiao Zhou examined the phenomena of society transgressing state boundaries. Nee and Opper’s work is yet another...

About the journal
JournalData powered by TypesetJournal of Chinese Political Science
PublisherData powered by TypesetSpringer Nature
ISSN1080-6954
Open AccessNo