Excerpt
Excerpt
Land Institutions and Chinese Political Economy - Institutional Complementarities and Macroeconomic Management. Meg Elizabeth Rithmire, February 22, 2017, Paper, "This article critically examines the origins and evolution of China’s unique land institutions and situates land policy in the larger context of China’s reforms and pursuit of economic growth. It argues that the Chinese Communist Party (CCP) has strengthened the institutions that permit land expropriation—namely, urban/rural dualism, decentralized land ownership, and hierarchical land management—in order to use land as a key instrument of macroeconomic regulation, helping the CCP respond to domestic and international economic trends and manage expansion and contraction." Link