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Rural China's Economic Takeoff

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Rural China's Economic Takeoff
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Jean Chun Oi shows how and why Chinese rural industry has become the fastest growing sector of the economy not only in China but also in the world. Oi argues that decollectivization and fiscal decentralization gave local Party officials incentives to act as entrepreneurs and promote rural industrialization in many parts of the Chinese countryside. As a result, corporatism practiced by local officials became effective enough to challenge the primacy of the nation-state.
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