Rent Seeking and Government-Business Relations in Contemporary China


Tak-Wing Ngo
Tak-Wing Ngo
  • Speaker
Erasmus School of History, Culture and Communication, Erasmus University Rotterdam

Event Information

Type
Research Seminar
Programme
Date
Mon. 1 Mar. 2010
Contact
Time
12:00-13:30 hours
E-mail
Location
Mandeville Building T3-42
Number


Abstract

The emergence of a market economy in China has been a central focus of research in the past two decades. It has been widely acknowledged that the “market” in China and the corresponding government-business relations operate in quite a different way compared with that of the West. One major departure is the widespread practice of rent seeking in China. Yet, little is known about precisely what accounts for its occurrence and, more importantly, how it shapes political and economic exchanges. In particular, there has been a dearth of evidence on differences in rent-seeking activities across economic sectors and localities. This paper aims to go beyond the narrow concern about the economic consequence of rent seeking by outlining the multiple facets of rent production from the creation, allocation, to the pursuit of rents, and the wide range of politico-economic processes inherent in rent operation in China.
 
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The Business History Seminar has been made possible by financial support from the Erasmus Research Institute of Management (ERIM) and the Vereniging Trustfonds Erasmus Universiteit Rotterdam.
 
Contact information:
 
Abe de Jong Ben Wubs
Email Email
 
Abe de Jong
Professor of Corporate Finance and Corporate Governance
  • Coordinator
Ben Wubs
Ben Wubs
Associate Professor at Erasmus School of History, Culture and Communication
  • Coordinator