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portada Extralegal Governance. The Social Order of Illegal Markets in China
Formato
Libro Físico
Colección
Cambridge Studies in Economics, Choice, and Society
Año
2025
N° páginas
228
Encuadernación
Tapa Dura
Dimensiones
23.5x16.1x2.1 cm
ISBN13
9781009622141

Extralegal Governance. The Social Order of Illegal Markets in China

Peng Wang;Wanlin Lin (Autor) · Cambridge University Press · Tapa Dura

Extralegal Governance. The Social Order of Illegal Markets in China - Peng Wang;Wanlin Lin

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Reseña del libro "Extralegal Governance. The Social Order of Illegal Markets in China"

Extralegal Governance provides the first comprehensive account of China's illegal markets. It deepens the understanding of the nature of illegal markets and the exchange relationships within them. Based on in-depth fieldwork, it explores how market participants foster cooperation and mitigate risks in various illegal markets.

Drawing on insights from sociology and new institutional economics, Extralegal Governance provides the first comprehensive account of China''s illegal markets by applying a socio-economic approach. It considers social legitimacy and state repression in examining the nature of illegal markets. It examines how power dynamics and varying levels of punishment shape exchange relationships between buyers and sellers. It identifies context-specific risks and explains how private individuals and organizations address these risks by developing extralegal governance institutions to facilitate social cooperation across various illegal markets. Adopting a multiple-case study design to sample China''s illegal markets, this book utilizes four cases - street vending, small-property-rights housing, corrupt exchanges, and online loan sharks - to examine how market participants foster cooperation and social order in illegal markets.

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