A win-win path for institutional change
Bibliographic Data
| ID | 4356099 |
|---|---|
| Authors | Shixiong Cao (0000-0003-4396-0207, Beijing Forestry University, corresponding author) |
| Year | 2016 |
| Volume | 25 |
| Issue | 3 |
| Pages | 493-512 |
| Publication date | 2016-11-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Time & Society (JOURNAL) |
| Journal identifiers | ISSN: 0961-463X • E-ISSN: 1461-7463 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0961463x15577275 |
| OpenAlex | W2329571578 |
| Language | EN |
| Citations received | 10 |
| References cited | 37 |
Institutional change is a response to socioeconomic pressures caused by resource scarcity, population growth, cultural change, and economic inefficiency. Historical evidence shows that the unequitable resource redistribution among groups caused by institutional change can indirectly reduce income, particularly when it leads to civil conflicts. A more equitable and effective approach to institutional change would seek win-win solutions. To examine this possibility, I review historical examples of institutional change in China to show how gradual institutional change that lets all stakeholders share the economic benefits is the most successful path. Therefore, innovation to replace or modify old institutions and equitably increase economic growth will be a key approach. This win-win approach requires persuasion, compromise, demonstration projects, competition, and embracing institutional diversity. Increased economic benefits come from economic innovation and encouragement of stakeholders to participate in institutional change, but require nurturing of new social groups that will drive the change process
Business · Development economics · Economic system · Economics · Inefficiency · Institutional change · Market economy · Political science · Public economics · Redistribution (election · Resource (disambiguation · Scarcity · China's Socioeconomic Reforms and Governance · Conservation, Biodiversity, and Resource Management · Culture, Economy, and Development Studies
Avoiding the political dangers created when the state is replaced by a government
Striving to safeguard shareholders or maintain sustainability in periods of high uncertainty
Multi-level policy experimentation and institutional change
What has caused China’s socioeconomic rise? evidence for the neglected role of a new shared property rights model
Is China evolving a new model for civilization
Managing Institutional Evolution to Increase the Likelihood of Success
Challenge of political globalization
From present to presentation
Seeking the gravediggers of capitalism in China
An equilibrium path for institutional change in China
Overcoming systemic roadblocks to sustainability
Excessive reliance on afforestation in China's arid and semi-arid regions
Revisiting the Commons
Community-based conservation in a globalized world
Coercion, capital, and European states, AD 990-1992
Institutions, Institutional Change and Economic Performance
Chapter 2. Economic Institutional Change in Post-Mao China Reflections on the Triggering, Orienting, and Sustaining Mechanisms
Institutional radicalization, the state, and the development process in Africa
Changing state structures
Combining New Institutionalisms
Using an ecological economics approach to support the restoration of collapsing gullies in southern China
The land finance model jeopardizes China's sustainable development
China’s evolution toward an authoritarian market economy—a predator–prey evolutionary model with intelligent design
Understanding institutional change
The Rise and Fall of the Manorial System
The Property Right Paradigm
Forging Democracy at Gunpoint
Institutional Change and Economic Growth
Dictatorship, Democracy, and Development
Paradoxes of China's Economic Boom
| Unique citing works | 10 |
|---|---|
| Citations per year | 1 |
| Citation span | 2016 - 2026 (11) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 10 |