So many organisations in the west get confused when they try to understand how China has managed its economic development over the last thirty years. Many are looking to expand their business into the Chinese market; others are hoping to learn the mechanics behind China’s transition so that they can analyse new emerging markets more successfully.
My Master’s dissertation for the London School of Economics was just published as a Working Paper at the Development Studies Institute. It looks at how different sectors in China (government, business, and civil society) coped with each other’s vested interests as they set out to redevelop China’s cities after almost a half century of Communist neglect.
The result shows how institutions can be cultivated incrementally and creatively to achieve results that might not be ideal but are ideal for the given moment in time.
You can download the pdf here: http://www.lse.ac.uk/collections/DESTIN/pdf/WP81.pdf