Double Paradox

Double Paradox
Author: Andrew H. Wedeman
Publisher: Cornell University Press
Total Pages: 273
Release: 2012-03-15
Genre: Political Science
ISBN: 0801464749

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According to conventional wisdom, rising corruption reduces economic growth. And yet, between 1978 and 2010, even as officials were looting state coffers, extorting bribes, raking in kickbacks, and scraping off rents at unprecedented rates, the Chinese economy grew at an average annual rate of 9 percent. In Double Paradox, Andrew Wedeman seeks to explain why the Chinese economy performed so well despite widespread corruption at almost kleptocratic levels. Wedeman finds that the Chinese economy was able to survive predatory corruption because corruption did not explode until after economic reforms had unleashed dynamic growth. To a considerable extent corruption was also a by-product of the transfer of undervalued assets from the state to the emerging private and corporate sectors and a scramble to capture the windfall profits created by their transfer. Perhaps most critically, an anti-corruption campaign, however flawed, has proved sufficient to prevent corruption from spiraling out of control. Drawing on more than three decades of data from China—as well as examples of the interplay between corruption and growth in South Korea, Taiwan, Equatorial Guinea, and other nations in Africa and the Caribbean—Wedeman cautions that rapid growth requires not only ongoing and improved anticorruption efforts but also consolidated and strengthened property rights.


Double Paradox
Language: en
Pages: 273
Authors: Andrew H. Wedeman
Categories: Political Science
Type: BOOK - Published: 2012-03-15 - Publisher: Cornell University Press

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According to conventional wisdom, rising corruption reduces economic growth. And yet, between 1978 and 2010, even as officials were looting state coffers, extor
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Authors: Avi Sion
Categories: Philosophy
Type: BOOK - Published: 2017-11-08 - Publisher: Avi Sion

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Paradoxes and their Resolutions is Avi Sion’s latest ‘thematic compilation’. It collects in one volume the essays that he has written in the past (over a
Truth and Paradox
Language: en
Pages: 223
Authors: Tim Maudlin
Categories: Language Arts & Disciplines
Type: BOOK - Published: 2004-05-13 - Publisher: Oxford University Press

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Consider the sentence 'This sentence is not true'. Certain notorious paradoxes like this have bedevilled philosophical theories of truth. Tim Maudlin presents a
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Language: en
Pages: 360
Authors: José Luis Bermúdez
Categories: Language Arts & Disciplines
Type: BOOK - Published: 2000 - Publisher: MIT Press

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In this book, Jos� Luis Berm�dez addesses two fundamental problems in the philosophy and psychology of self-consciousness: (1) Can we provide a noncircular