From Click to Boom (eBook)

The Political Economy of E-Commerce in China

Lizhi Liu (Autor)

eBook Download: EPUB

2024
328 Seiten
Princeton University Press (Verlag)
978-0-691-25411-1 (ISBN)

Infos

How the world's largest e-commerce market highlights a digital path to developmentHow do states build vital institutions for market development? Too often, governments confront technical or political barriers to providing the rule of law, contract enforcement, and loan access. In From Click to Boom, Lizhi Liu examines a digital solution: governments strategically outsourcing tasks of institutional development and enforcement to digital platformsa process she calls ';institutional outsourcing.'China's e-commerce boom showcases this digital path to development. In merely two decades, China built from scratch a two-trillion-dollar e-commerce market, with 800 million users, seventy million jobs, and nearly fifty percent of global online retail sales. Contrary to conventional wisdom, Liu argues, this market boom occurred because of weak government institutions, not despite them. Gaps in government institutions compelled e-commerce platforms to build powerful private institutions for contract enforcement, fraud detection, and dispute resolution. For a surprisingly long period, the authoritarian government acquiesced, endorsed, and even partnered with this private institutional building despite its disruptive nature. Drawing on a plethora of interviews, original surveys, proprietary data, and a field experiment, Liu shows that the resulting e-commerce boom had far-reaching effects on China.Institutional outsourcing nonetheless harbors its own challenges. With inadequate regulation, platforms may abuse market power, while excessive regulation stifles institutional innovation. China's regulatory oscillations toward platformsfrom laissez-faire to crackdown and back to supportunderscore the struggle to strike the right balance.

Produkt-Details

• Erscheint lt. Verlag: 12.11.2024
• Reihe/Serie: Princeton Studies in Contemporary China
• Zusatzinfo: 21 b/w illus. 43 tables.
• Sprache: englisch
• Themenwelt: Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Wirtschaft
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Marketing / Vertrieb
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
• Schlagworte: Alibaba • Areas • authoritarian • Big Tech • business • Central • central government • China • Chinese • Chinese Government • Commerce • companies • Consumers • consumption • Contract • Data • digital • Digital Economy • ebay • eCommerce • economic • Economic Development • economy • Electronic Commerce • Enforcement • firms • formal • Fraud • From Click to Boom: The Political Economy of E-commerce in China • Governance • Government • growth • Household • income • Information • institutional • Institutions • Internet • Law • legal • Lizhi Liu • Market • Merchants • Online • online entrepreneurship • Online shopping • platform • platforms • Policy • Power • Products • Research • Retail • retail, Rise of China • Rural • Sales • sellers • stores • Survey • Taobao • Tax • Tech • tech giants • Technology • technology crackdown • Trade • transactions • Treatment • Urban • villages
• ISBN-10: 0-691-25411-7 / 0691254117
• ISBN-13: 978-0-691-25411-1 / 9780691254111