Chinese Capitalism in the OECD Mirror

Richard W. Carney ()

MPRA Paper from University Library of Munich, Germany

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.

Keywords: China; political economy; economic development; capitalism (search for similar items in EconPapers)
JEL-codes: P10 N20 O57 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cna, nep-dev and nep-tra
Date: 2007-03-14, Revised 2007-09-27
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http://mpra.ub.uni-muenchen.de/2432/ orginal version
http://mpra.ub.uni-muenchen.de/5144/ revised version

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Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:2432

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