Chinese Capitalism in the OECD Mirror

Carney, Richard (2007): Chinese Capitalism in the OECD Mirror.

Abstract

As China's economy grows and matures, is it developing institutional patterns that resemble those of other wealthy countries? By examining the origins of modern capitalist institutions among wealthy countries, and how interests structured them, I draw implications for China. Specifically, I find that China resembles continental European capitalism far more than Anglo-American capitalism, and that it is likely to remain this way for the foreseeable future.

• Item Type: MPRA Paper
• Language: English
• Keywords: China; political economy; economic development; capitalism
• Subjects: P - Economic Systems > P1 - Capitalist Systems > P10 - General; N - Economic History > N2 - Financial Markets and Institutions > N20 - General, International, or Comparative; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O57 - Comparative Studies of Countries

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