Cover -- Contents -- List of Figures -- List of Tables -- List of Photographs -- Foreword -- Acknowledgment -- Introduction -- Part 1: Political Economy of Transition in China: Comparing the Mao Zedong System and the Deng Xiaoping System -- 1 The Logic of the Mao Zedong Development System and its Institutional Inefficiency -- 2 Transition towards the Deng Xiaoping Development System: The Wisdom of 'Creative Destruction' -- 3 Advantages and Disadvantages of State-owned Enterprise Reform: Relations with Systemic Reforms of Finance, Administration and Social Security -- Part 2: Political Economy of Development in China -- 4 Relations Between Central and Local Government under the Tax Sharing System: Towards a Constitutional Local Autonomy System -- 5 Political Economy of the Chinese Development Model: The Fact-following Mechanism of Institutional Change in Chinese Society -- 6 Political Economy of the East Asian Authoritarian Development System: Lessons Towards Shared Growth -- Concluding Remarks: Gradual Way of Transition in China -- Selected Bibliography -- Index.