Abstract
A noted specialist on China's urban and economic geography investigates the processes underlying the massive and occasionally wasteful practice of land development that has accompanied China's rapid economic advance. By critically juxtaposing elements of conventional neoliberal economic theory (e.g., the so-called "tragedy of the commons") with the actual exercise of land property rights and the practice of land development in transitional China, he argues that, contrary to Western experience, land property rights have evolved from the bottom up and thus functioned not as a bundle of standardized and uniform legal prerogatives but rather as a diverse set of local practices adaptable to regional conditions. The author illustrates these processes though a thorough review of Chinese laws and regulations as well as a case study of land development in a province (Guangdong) in which land development has been allowed to proceed more rapidly under a special economic regime and exposure to global forces. Journal of Economic Literature, Classification Numbers: P260, Q150, R140, R520. 2 figures, 1 table, 95 references.
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