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States, Intergovernmental Relations, and Market Development

Comparing Capitalist Growth in Contemporary China and 19th Century United States

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  • © 2019

Overview

Authors:
  1. Jinhua Cheng

    1. KoGuan Law School, Shanghai Jiao Tong University, Shanghai, China

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  • Provides an analysis of long-term economic growth from the perspective of state-market and central-local relations
  • Delves into safeguarding sustainable market development by centralizing certain state functions
  • Develops the DITMD model through comparing contemporary China and the 19th-century United States

Part of the book series: Governing China in the 21st Century (GC21)

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Table of contents (7 chapters)

  1. Front Matter

    Pages i-xvii
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  2. Introduction

    • Jinhua Cheng
    Pages 1-16

  3. Decentralization for Economic Growth: A Critical Review

    • Jinhua Cheng
    Pages 17-44

  4. Dual Intergovernmental Transformation for Market Development

    • Jinhua Cheng
    Pages 45-62

  5. Federalism and the Rise of the Corporate Economy in the Nineteenth-Century United States

    • Jinhua Cheng
    Pages 63-111

  6. Central-Local Relations and the Rise of the Corporate Economy in Contemporary China

    • Jinhua Cheng
    Pages 113-175

  7. DITMD Versus MPF: Conclusion and Implications

    • Jinhua Cheng
    Pages 177-192

  8. Correction to: States, Intergovernmental Relations, and Market Development

    • Jinhua Cheng
    Pages C1-C2

  9. Back Matter

    Pages 193-233
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Keywords

About this book

This book is a theoretical and empirical analysis of institutional foundation of long-term economic growth from the perspective of state-market and central-local relations. The book argues that, in order to safeguard sustainable market development, it is necessary to centralize certain functions of the state to overcome local predatory governmental rulings, and to decentralize others to increase local governmental market incentives, simultaneously. This institutional approach is conceptualized as “Dual Intergovernmental Transformation for Market Development” (DITMD). This book develops the DITMD model through an in-depth empirical comparison on contemporary China and the 19th-century United States.

Authors and Affiliations

  • KoGuan Law School, Shanghai Jiao Tong University, Shanghai, China

    Jinhua Cheng

About the author

Jinhua Cheng is Distinguished Professor of Law at Shanghai Jiao Tong University KoGuan School of Law and Executive Director of the Law and Society Center. His research focuses on comparative central-local relations, empirical legal studies, law and financial development, lawyers and society. Professor Cheng received his Bachelor of Laws from East China University of Political Science & Law in 1998, Master of Laws from Peking University in 2001, M.Phil. in Social Science from Hong Kong University of Science & Technology in 2005, and L.L.M., and J.S.D. from Yale University in 2007 and 2011 respectively.

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