Journal ArticleDOI
Maximum Tinkering under Uncertainty: Unorthodox Lessons from China
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In a time when many Western standard recipes for economic policy are losing credibility, it is imperative to step back from past orthodox explanations and rethink the unconventional approaches to m....Abstract:
At a time when many Western standard recipes for economic policy are losing credibility, it is imperative to step back from past orthodox explanations and rethink the unconventional approaches to m...read more
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Central–Local Relations: Recentralization and Environmental Governance in China
Genia Kostka,Jonas Nahm +1 more
TL;DR: In this paper, central and local interests, capacities and interactions across policy issues and government agencies are investigated in the context of the current phase of recentralization, and the authors draw an empirically and theoretically rich picture of central-local relations that highlights the innate complexity of China's environmental governance patterns during the current phases of recentRALization.
Journal ArticleDOI
National Planning and Local Technology Zones: Experimental Governance in China's Torch Programme*
TL;DR: In this paper, the Torch Programme's procedural practices challenge widely shared assumptions about the dirigiste character of Chinese innovation policy and provide better indicators of future innovative potential in China's high-technology zones than retrospective statistical indices and benchmarks that are derived from OECD experience.
Journal ArticleDOI
Effective Policy Implementation in China’s Local State
Anna L. Ahlers,Gunter Schubert +1 more
TL;DR: In this article, a thorough investigation of local implementation mechanisms, however, is often hindered by hindering the thorough evaluation of the local implementation mechanism, which is a core component of Chinese political system's adaptability and stability.
Journal ArticleDOI
Chongqing Equitable Development Driven by a “Third Hand”?
TL;DR: Wang et al. as mentioned in this paper argued that while Janos Kornai is surely correct about shortage in a planned economy, he is mistaken that market signals may only be employed under an economic regime of private property.
Journal ArticleDOI
China's "New Regionalism": Subnational Analysis in Chinese Political Economy
TL;DR: A review of recent work in the regional political economy of contemporary China can be found in this paper, where the authors argue that subnational political economies in China are a function of endogenous change rather than a reaction to national priorities.
References
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Journal ArticleDOI
Dilemmas in a general theory of planning
TL;DR: The search for scientific bases for confronting problems of social policy is bound to fail, becuase of the nature of these problems as discussed by the authors, whereas science has developed to deal with tame problems.
Journal ArticleDOI
The Science of "Muddling Through"
TL;DR: Lindblom, C.E. as mentioned in this paper discussed the science of "muddling through" in the context of monetary policy. But he did not consider monetary policy with respect to inflation.
Book
The Black Swan: The Impact of the Highly Improbable
TL;DR: The Black Swan: The Impact of the Highly Improbable as mentioned in this paper is a book about Black Swans: the random events that underlie our lives, from bestsellers to world disasters, that are impossible to predict; yet after they happen we always try to rationalize them.
Book ChapterDOI
The science of muddling through
TL;DR: Lindblom, C.E. as mentioned in this paper discussed the science of "muddling through" in the context of monetary policy. But he did not consider monetary policy with respect to inflation.
Book
Stabilizing an Unstable Economy
TL;DR: In his seminal work, Minsky presents his groundbreaking financial theory of investment, one that is startlingly relevant today as mentioned in this paper, explaining why the American economy has experienced periods of debilitating inflation, rising unemployment, and marked slowdowns and why the economy is now undergoing a credit crisis that he foresaw.