Adam Y. Liu, "Authoritarian Markets: The Politics of China's Banking Explosion" (Cornell UP, 2026)

Authoritarian Markets explores the political foundations of China's banking boom and its far-reaching impact on the Chinese economy.

In 1978 China had no commercial banks. Today it commands the world's largest banking system, with assets equal to 40 percent of global GDP. In Authoritarian Markets: The Politics of China's Banking Explosion (Cornell University Press, 2026), Dr. Adam Y. Liu argues that this rise was not the product of market reforms but of political bargains and bureaucratic mobilization.

In the 1990s, Beijing issued bank licenses as bargaining chips—securing cooperation from local governments as it pushed through painful reforms. The result was a sprawling, competitive banking market built not in spite of authoritarian rule but because of it.

Drawing on interviews, spatial data, census records, surveys, and experiments, Dr. Liu reveals how local state banks became both engines of China's growth and incubators of its current economic risks. Eye-opening and persuasive, Authoritarian Markets offers fresh insight into the political logic of market development in China and authoritarian states worldwide.

This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda’s interviews on New Books with Miranda Melcher, wherever you get your podcasts.

Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/political-science

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(600)

Brian L. Porto, "Twin States, Different Paths: The Politics of New Hampshire and Vermont" (U Mass Press, 2026)

At first glance, New Hampshire and Vermont seem like mirror images. Separated only by the Connecticut River, the oft-termed "Twin States" share a common history, relatively small populations, and heav...

19 Sep 35min

Lily Geismer on the Democratic Party in the 1990s

In this episode, hosts Lee Vinsel and Ben Waterhouse, along with producer Joe Forte, chat with historian Lily Geismer. Their conversation covers the evolution of the Democratic party, what it means to...

16 Sep 1h 23min

Why Voters Support Politicians Who Undermine Democracy

Why do so many citizens continue to support politicians who undermine democracy? And why have nationalist appeals become such a powerful tool for democratic backsliding? In this episode of the People,...

14 Sep 34min

Nora Fisher-Onar, "Contesting Pluralism(s): Islamism, Liberalism and Nationalism in Turkey and Beyond" (Cambridge UP, 2024)

Contesting Pluralism(s): Islamism, Liberalism and Nationalism in Turkey and Beyond (Cambridge UP, 2024) challenges a widespread tendency to limit studies of Turkish - and Muslim - politics to 'Isla...

14 Sep 1h 8min

William G. Howell and Terry M. Moe, "Trajectory of Power: The Rise of the Strongman Presidency" (Princeton UP, 2025)

Political Scientists William Howell and Terry Moe have a new book out that explores how the United States constitutional system has given way to the establishment of a kind of strongman presidency, di...

10 Sep 49min

Voices from North Korea: Refugees Tell Their Stories

n this podcast, North Korean refugees who visited the University of Bradford share their harrowing experiences of life in North Korea, escape, and the challenges of building new lives in freedom. They...

8 Sep 39min

Robert Shum, "Democracy or Carbon Oligarchy?: Climate and Energy Politics between Crisis and Decarbonization" (Palgrave Macmillan, 2026)

Democracy or Carbon Oligarchy?: Climate and Energy Politics between Crisis and Decarbonization (Palgrave Macmillan, 2026) tackles a critical question. Why has the world struggled so much to coordinate...

5 Sep 25min

Meghan Garrity, "Mass Expulsion: The Politics of Forced Population Removal" (Oxford UP, 2026)

Since the beginning of the twentieth century, governments around the world have expelled, en masse, more than 30 million people. Yet despite its prevalence, mass expulsion remains an understudied phen...

5 Sep 40min