IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-137-51641-1_5.html
   My bibliography  Save this book chapter

Coastal-Inland Disparity of Political Connections and Private Firm Performance

In: The Revival, Legitimization, and Development of Private Enterprise in China

Author

Listed:
  • Zongshi Chen

Abstract

China’s private sector economy is enjoying a golden age of prosperity. In 2008, the private sector accounted for 65 percent of GDP and 56 percent of tax revenue. However, as discussed in the previous chapters, not long ago, as recently as the early 1980s, private enterprises were politically taboo. The initial legalization of private enterprise occurred in the Wenzhou municipality in 1987, and then in 1988, an amendment to the constitution legalized private enterprise at the national level. However, the progress was temporary and disrupted by the 1989 Tiananmen massacre. At that time, the Chinese leadership switched back to the socialist orthodoxy and cracked down heavily on liberalization and privatization efforts.

Suggested Citation

  • Zongshi Chen, 2015. "Coastal-Inland Disparity of Political Connections and Private Firm Performance," Palgrave Macmillan Books, in: The Revival, Legitimization, and Development of Private Enterprise in China, chapter 0, pages 129-146, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-51641-1_5
    DOI: 10.1057/9781137516411_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-137-51641-1_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.