Changing Cadre Incentives: The Untold Story of China’s Economic Challenge

Quick Summary:

Changes in the local cadre incentive structure are a crucial yet often overlooked factor in the performance of the Chinese economy.

Similarly, David Bulman showed that the cadre incentive system is the most critical factor in local economic growth.

For example, in the case of investment attraction, a key local indicator according to Yuen Yuen Ang, the responsibility for meeting investment attraction targets falls on the local investment attraction office, rather than on individual cadres.

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Article Details

Author / Journalist: Zhuoran Li

Category: Economy

Markets: United StatesBangladeshChinaIndiaNorth KoreaMaliMyanmarPakistanTaiwanThailandUzbekistan

Topics: Targets Policy System Cadre Local Evaluation Officials Growth Individual Cadres Economic

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-07 @ 03:00:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 3703 words

Reading Time: 21 minutes read

Sentences: 189 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 24381650

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