Description - The Growth of Market Relations in Post-Reform Rural China by Hiroshi Sato
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, that is skills and abilities, political capital/status, and network capital, that is the quality and quantity of social networks which socio-economic actors can mobilize. The book demonstrates the importance of socio-political networks, that is the party-state system, especially when peasants move from agricultural production to become peasant entrepreneurs. The book also points out significant regional differences.
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