"Double Paradox: Rapid Growth and Rising Corruption in China" by Andrew Wedeman
Part of the Rising Powers Initiative's Asian Economic Challenges series
Friday, April 5, 2013
12:30 - 1:45pm
The Elliott School of International Affairs
1957 E Street, NW; Room 505
Washington, DC 20052
Professor of Political Science at Georgia State University
According to conventional wisdom, rising corruption reduces economic growth. And yet, between 1978 and 2010, even as officials were looting state coffers, extorting bribes, raking in kickbacks, and scraping off rents at unprecedented rates, the Chinese economy grew at an average annual rate of 9 percent. In Double Paradox, Andrew Wedeman seeks to explain why the Chinese economy performed so well despite widespread corruption at almost kleptocratic levels.
Andrew Wedeman is Professor of Political Science at Georgia State University. He is the author of From Mao to Market: Rent Seeking, Local Protectionism, and Marketization in China and The East Wind Subsides: Chinese Foreign Policy and the Origins of the Cultural Revolution.
Please RSVP at: go.gwu.edu/wedeman. Space is limited!