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Chapter 5 - Corrupt and Competent

Published online by Cambridge University Press:  08 May 2020

Yuen Yuen Ang
Yuen Yuen Ang
Affiliation:
University of Michigan, Ann Arbor
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Summary

Chapter 5 turns to national and local leaders. Profit-sharing among leaders follows a different logic: the more economically prosperous the locality, the more personal rents they can collect as massive graft. By unpacking the career paths of two infamously fallen officials – Bo Xilai (provincial Party secretary of Chongqing) and Ji Jianye (city mayor of Nanjing) – this chapter reveals why deal-making corruption was compatible with aggressive growth promotion. It also fleshes out the structural distortions and risks brought about by access money.

Keywords

Corrupt and competentCrony capitalismPrincelingLocal government debtDevelopmental statesMayor BulldozerAccess money as steroids of capitalismCorruption as investment rather than taxElite profit-sharingCompetitive corruption and competitive growth promotionPreferential policies
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Chapter
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China's Gilded Age
The Paradox of Economic Boom and Vast Corruption
 , pp. 119 - 152
Publisher: Cambridge University Press
Print publication year: 2020

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  • Corrupt and Competent
  • Yuen Yuen Ang, University of Michigan, Ann Arbor
  • Book: China's Gilded Age
  • Online publication: 08 May 2020
  • Chapter DOI: https://doi.org/10.1017/9781108778350.005
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  • Corrupt and Competent
  • Yuen Yuen Ang, University of Michigan, Ann Arbor
  • Book: China's Gilded Age
  • Online publication: 08 May 2020
  • Chapter DOI: https://doi.org/10.1017/9781108778350.005
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Corrupt and Competent
  • Yuen Yuen Ang, University of Michigan, Ann Arbor
  • Book: China's Gilded Age
  • Online publication: 08 May 2020
  • Chapter DOI: https://doi.org/10.1017/9781108778350.005
Available formats
×