In defense of endogenous, spontaneously ordered development: institutional functionalism and Chinese property rights

@article{Ho2013InDO,
  title={In defense of endogenous, spontaneously ordered development: institutional functionalism and Chinese property rights},
  author={P. Ho},
  journal={Journal of Peasant Studies},
  year={2013},
  volume={40},
  pages={1087 - 1118}
}
  • P. Ho
  • Published 2013
  • Economics
  • Journal of Peasant Studies
Neo-liberal observers have frequently raised the red alert over insecure property rights in developing and emerging economies. Development would be at a crossroads: either institutional structure needs changing or it risks a full-fledged collapse. Yet, instead of focusing on the enigma between economic growth versus ‘perverse’ institutions, this contribution posits a functionalist argument that the persistence of institutions points to their credibility. In other words, once institutions… Expand
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