Structural uncertainty and policy making for a mega public project in communist China: the case of Three Gorges Dam
Fu-Lai Tony Yu and
Diana S. Kwan
International Journal of Economics and Business Research, 2017, vol. 14, issue 2, 151-173
Abstract:
As an alternative to the cost and benefit analysis adopted by scholars in neoclassical economics, this paper utilises an evolutionary approach to understand the policy making of the Three Gorges Dam project. We argue that the decision on constructing the Three Gorges project and its implementation are largely the result of the interactions of different levels of public agents and special interest groups who attempt to pursue their self-interest in the policy making process. This paper focuses on three levels of governmental interaction, namely central leadership, provincial officials and local cadres. Under uncertainty, the construction of the world's largest dam is the result of clashes in private interests, bargaining and consensus building among all levels of governments and special interest groups. The policy making process often produces an unintended consequence in which the players do not know in advance. This paper concludes that the outcome of the Three Gorges Dam today could not be known in advance.
Keywords: Three Gorges Dam project; structural uncertainty; policy making process; public administration; totalitarian state; Austrian economics; China. (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.inderscience.com/link.php?id=86703 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ids:ijecbr:v:14:y:2017:i:2:p:151-173
Access Statistics for this article
More articles in International Journal of Economics and Business Research from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().