Extralegal Governance, 9781009622172
Paperback
China’s illegal markets: Power, punishment, and extralegal rules prevail.
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Extralegal Governance

the social order of illegal markets in china

$118.88

  • Paperback

    200 pages

  • Release Date

    25 September 2025

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Summary

Risky Business: How China’s Illegal Markets Thrive

Drawing on insights from sociology and new institutional economics, Extralegal Governance provides the first comprehensive account of China’s illegal markets by applying a socio-economic approach. It considers social legitimacy and state repression in examining the nature of illegal markets.

It examines how power dynamics and varying levels of punishment shape exchange relationships between buyers and sellers. It id…

Book Details

ISBN-13:9781009622172
ISBN-10:100962217X
Series:Cambridge Studies in Economics, Choice, and Society
Author:Peng Wang, Wanlin Lin
Publisher:Cambridge University Press
Imprint:Cambridge University Press
Format:Paperback
Number of Pages:200
Release Date:25 September 2025
Weight:0g
About The Author

Peng Wang

Peng Wang is Associate Professor in the Department of Sociology, the University of Hong Kong. He is the author of The Chinese Mafia: Organized Crime, Corruption and Extralegal Protection (2017). His research interests include organized crime, illegal markets, corruption, economic sociology, bureaucracy, and governance.

Wanlin Lin is Associate Professor at the School of Law, Sun Yat-sen University, Guangzhou, China. Her current research applies institutional economics, law and economics, and game theory to study informal property rights, illegal markets, knowledge governance in China, and interactions between formal and informal institutions.

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