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portada China's Economic Culture: The Ritual Order of State and Markets (Routledge Studies in the Growth Economies of Asia)
Type
Physical Book
Publisher
Author
Year
2018
Language
English
Pages
624
Format
Paperback
ISBN13
9781138588080
Edition No.
1
Categories

China's Economic Culture: The Ritual Order of State and Markets (Routledge Studies in the Growth Economies of Asia)

Carsten Herrmann-Pillath (Author) · Routledge · Paperback

China's Economic Culture: The Ritual Order of State and Markets (Routledge Studies in the Growth Economies of Asia) - Carsten Herrmann-Pillath

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Synopsis "China's Economic Culture: The Ritual Order of State and Markets (Routledge Studies in the Growth Economies of Asia) "

China's spectacular rise challenges established economic moulds, both at the national level, with the concept of "state capitalism", and at the firm level, with the notion of indigenous "Chinese management practices". However, both Chinese and Western observers emphasise the transitional nature of the reforms, thereby leaving open the question as to whether China's reform process is really a fast catch-up process, with ultimate convergence to global standards, or something different. This book, by a leading economist and sinologist, argues that "culture" is an exceptionally useful tool to help understand fully the current picture of the Chinese economy. Drawing on a range of disciplines including social psychology, cognitive sciences, institutional economics and Chinese studies, the book examines long-run path dependencies and cultural legacies, and shows how these contribute crucially to the current cultural construction of economic systems, business organisations and patterns of embedding the economy into society and politics.

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