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The Rise of Guanxi in Chinese Transition Economy

Professor Yanjie Bian explores his theoretical model in which the role of guanxi is a function of institutional uncertainty and market competition.

When:
November 4, 2008 12:00pm to 1:00pm
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Yanjie Bian, Professor of Sociology, University of Minnesota

How do we understand the increasing roles that guanxi plays in Chinese transition economy? Sociologist Yanjie Bian proposes a theoretical model in which the role of guanxi is a function of institutional uncertainty and market competition. He tests some empirical implications of this model by analyzing several surveys on job mobility and growth of economic enterprises from 1978 to 2003. Yanjie Bian is professor of sociology at University of Minnesota, funding director of the Survey Research Center at HKUST, and the PI of the Chinese General Social Survey.