Inflation and Investment Controls in China: The Political Economy of Central-Local Relations during the Reform Era

Abstract

Figures and tables Acknowledgements Abbreviations Preface 1. Introduction Part I. The Economic and Political Roles of Local Government Officials: 2. Local government officials as economic agents 3. Local bureaucrats as investors: the investment roles of local governments 4. The local officials in the bureaucratic hierarchy Part II. Macroeconomic Policy Developments During the Reform Era: 5. Excess investment demand and austerity policies Part III. Analyzing Local Investment Behavior: 7. Strategic investment behavior during austerity 8. Bureaucratic investment behavior 9. Conclusion: Political institutions, inflation control, and economic reforms References Indexes.

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