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China’s Gilded Age

by Yuen Yuen Ang

Why has China grown so fast for so long despite vast corruption? In China’s Gilded Age, Yuen Yuen Ang maintains that all corruption is harmful, but not all types of corruption hurt growth. Ang unbundles corruption into four varieties: petty theft, grand theft, speed money, and access money. While the first three types impede growth, access money – elite exch

Publisher

University of Cambridge ESOL Examinations

Publication date

2020

Format

Print edition

Pages

266

ISBN

9781108478601