Growth of Market Relations in Post-reform Rural China, The

This book, based on in-depth field research at the local level, assesses the different factors that are contributing to the transition to a market economy and the growth of networks in rural China. It analyses the different socio-economic actors - peasant households, out-migrants, family businesses and peasant entrepreneurs, uses the key concept of markets as a nexus of social networks, and identifies three different kinds of 'social capital' - human capital, political capital/status, and network capital. This book demonstrates the importance of socio-political networks and highlights significant regional differences.

Hiroshi Sato is Professor of Chinese Economy and Society at the Graduate School of Economics, Hitotsubashi University, Tokyo, Japan. His research interests are economic and social behaviour of household, labour market formation, distribution of household incomde, and poverty alleviation.