Titlebook: States, Intergovernmental Relations, and Market Development; Comparing Capitalist Jinhua Cheng Book 2019 The Editor(s) (if applicable) and

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Decentralization for Economic Growth: A Critical Review, about decentralization and summarizes contemporary debates on decentralization for economic growth in general and the theory of “market-preserving federalism” particularly. Through an in-depth review of the literature, the chapter answers the question of why existing wisdom is insufficient in overc

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Dual Intergovernmental Transformation for Market Development,ation for Market Developemnt" (DITMD), and explains the meaning of this new framework. It argues that while decentralization may promote governmental incentives to preserve markets, it also incurs tremendous transaction costs in markets. In order to take advantage of economic benefits of decentraliz

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Federalism and the Rise of the Corporate Economy in the Nineteenth-Century United States,intergovernmental transformation for market development (DITMD) model in the American case. It focuses on examining the impact of federal-state relations on the rise of the American domestic common market in the first century of the United States, roughly between the founding of the republic and the

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,Central-Local Relations and the Rise of the Corporate Economy in Contemporary China,n period and an application of the dual intergovernmental transformation for market development (DITMD) model in the Chinese case. The main purpose of this chapter is to illustrate how the fundamental state-market dilemma has been . resolved through separating the three hands of the state and dual i

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,Central-Local Relations and the Rise of the Corporate Economy in Contemporary China,only has the transformation of state-market and central-local relations been incomplete, but also will further reforms be significantly constrained by the political nature of the regime, that is, a centralized one-party dictatorship.

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