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The Theory of Disinterested Governments : A Political Economy Explanation for China's Economic Ascent Yang Yao
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The Theory of Disinterested Governments : A Political Economy Explanation for China's Economic Ascent
Yang Yao
This element proposes the theory of disinterested governments to explain China's economic ascent. A disinterested government is a government that neither represents, nor is captured by the interests of any social groups. It is more likely than a biased government to avoid allocative inefficiency and increase output.
A theoretical model of coalition formation finds that a more politically equal society is more likely to produce a disinterested government. Empirical evidence shows that the Chinese government has behaved in a disinterested fashion in the reform era. Social equality established by a series of social transformations has been identified as the cause for Chinese government's acting in a disinterested fashion in the reform era.
Cross-country case studies and regression analysis have established a chain of causality running from political equality to the inclusive (disinterested) state, and then to faster economic growth. This title is also available as Open Access on Cambridge Core.
| Media | Books Hardcover Book (Book with hard spine and cover) |
| To be released | January 31, 2027 |
| ISBN13 | 9781009697408 |
| Publishers | Cambridge University Press |
| Pages | 75 |
| Dimensions | 150 × 220 × 20 mm · 204 g (Weight (estimated)) |
