Search results

Market transition theory has specified general mechanisms to explain change in the balance of power between political and economic actors in transition economies. These mechanisms drive the endogenous construction of informal institutions of a market society; moreover, it is within the context of an ongoing change in relative power that the formal institutions of the emerging market economy arise. The theory makes clear predictions on the declining value of political capital as a consequence of progressive marketization, which incrementally results in transformative change in the direction of more relative autonomy between the political and economic spheres, not dissimilar from established market economies (Kornai, 1995; Evans, 1995; Nee, 2000; Lindenberg, 2000; Ricketts, 2000). In sum, the predicted change in relative power between redistributors and producers explains not only bottom-up entrepreneurial activity, but also the emergence of a market economy in departures from state socialism.

Thirty years of rapid development and economic change have created organizations and work relations in China that would have been unthinkable at the start of transition. In December of 1978, the Chinese Communist Party agreed with Deng Xiaoping to allow agricultural privatization, a stark contrast to the communes of Mao Zedong's era. This change established the financial foundation that would lead to development in eastern, coastal cities and that would ultimately fuel an extraordinary transformation of China's economy and its global position. As a result, organizational structures have changed, and new organizational forms have emerged. There have also been dramatic changes in the way work organizations behave and in the nature and implications of work. This volume provides a glimpse into the state of organizations and work at the 30-year mark. The contributors are top scholars in the field, including many who have observed and studied China's transition for decades, who are drawing on some of the most up-to-date and innovative data sources available. The chapters are samples of the current work of these researchers that, taken together, provide a snapshot of the state of research on China's organizations and work behaviors as transition enters its fourth decade.