TY - RPRT AB - The remarkable success of China's economic reform is built on a solid political foundation. That success has been made possible by a considerable degree of credible commitment to markets achieved through institutional reforms that we have called "federalism Chinese style." Because these reforms are endowed with a degree of political durability, they provide a significant amount of protection to the market from unwanted political intrusions. Political decentralization, in turn, has provided individuals and local governments with the incentives to pursue economic prosperity. AU - Weingast, Barry AU - Qian, Yingyi AU - Montinola, Gabriella DA - 1994-01 DA - 1994-01 DO - 10.22004/ag.econ.294844 DO - doi ID - 294844 KW - Industrial Organization KW - Political Economy L1 - https://ageconsearch.umn.edu/record/294844/files/ipr082.pdf L2 - https://ageconsearch.umn.edu/record/294844/files/ipr082.pdf L4 - https://ageconsearch.umn.edu/record/294844/files/ipr082.pdf LA - eng LA - English LK - https://ageconsearch.umn.edu/record/294844/files/ipr082.pdf N2 - The remarkable success of China's economic reform is built on a solid political foundation. That success has been made possible by a considerable degree of credible commitment to markets achieved through institutional reforms that we have called "federalism Chinese style." Because these reforms are endowed with a degree of political durability, they provide a significant amount of protection to the market from unwanted political intrusions. Political decentralization, in turn, has provided individuals and local governments with the incentives to pursue economic prosperity. PY - 1994-01 PY - 1994-01 T1 - Federalism, Chinese Style: The Political Basis for Economic Success in China TI - Federalism, Chinese Style: The Political Basis for Economic Success in China UR - https://ageconsearch.umn.edu/record/294844/files/ipr082.pdf Y1 - 1994-01 T2 - IPR81 ER -