State Market Interactions In China S Reform Era

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State-Market Interactions in China's Reform Era

Author : Junmin Wang
Publisher : Routledge
Page : 177 pages
File Size : 48,9 Mb
Release : 2014-06-23
Category : Political Science
ISBN : 9781136238963

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State-Market Interactions in China's Reform Era by Junmin Wang Pdf

China today has the largest communist political regime and one of the most dynamic, fastest-growing, and largest economies in the world. Using a case study of China’s tobacco industry, this book analyses how the Chinese government was able to cultivate big state-owned firms that have successfully embraced the global market. The success of the Chinese economy and the many state-owned firms within it have given rise to a "Beijing Consensus," challenging almost every principle enshrined in the so-called "Washington Consensus" that espouses private ownership, free markets, and democracy. By examining two important political processes in contemporary China, ‘local state competition’ and ‘global-market building’, the book argues that the first process serves as a crucial basis for the second. It illustrates how the local governments involved themselves in building and shaping the tobacco market throughout the 1980s and 1990s, and how these domestic market dynamics created conditions for China’s recent embrace of the international market. Offering an in-depth exploration of the political-economic processes in a key Chinese state industry, the book emphasizes that the key to understanding China’s political transition is to look at how the state has been shaped by its market-building projects both domestically and globally. It presents an important contribution to studies on Chinese Business and International Political Economy.

State, Market, and Bureau-contracting in Reform China

Author : Yuen Yuen Ang
Publisher : Stanford University
Page : 177 pages
File Size : 43,8 Mb
Release : 2009
Category : Electronic
ISBN : STANFORD:hr313dw9240

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State, Market, and Bureau-contracting in Reform China by Yuen Yuen Ang Pdf

Why and how has China succeeded as a developmental state despite a seemingly rents-ridden bureaucracy? Following conventional wisdom, "Weberian" bureaucracies are an institutional precondition for development, especially in interventionist states like China. However, my research finds that China's fast-growing economy has not been governed by a purely salaried civil service. Instead, Chinese bureaucracies still remain partially prebendal; at every level of government, each office systematically appropriates authority to generate income for itself. My study unravels the paradox of "developmentalism without Weberianness" by illuminating China's unique path of bureaucratic adaptation in the reform era -- labeled as bureau-contracting -- where contracting takes place within the state bureaucracy. In a bureau-contracting structure, the state at each level contracts the tasks of governance to its own bureaucracies, assigning them revenue-making privileges and property rights over income earned in exchange for services rendered. Contrasting previous emphases on the prevalence of illicit corruption in China, my study shows how and why bureaucracies in this context are actually authorized by the state to profit from public office. Specifically, I identify two factors that constrain arbitrary and excessively predatory behavior among Chinese bureaucracies: first, mechanisms of rents management, and second, the mediation of narrow departmental interests by local developmental incentives. In short, I argue that it is the combination of an incentive-compatible fiscal design and increasingly sophisticated instruments of oversight that have sustained an otherwise unorthodox structure of governance in China. In a phrase, bureau-contracting presents a high-powered but opportunistic alternative to the Weberian ideal-type. The Chinese experience suggests that "market-compatible" bureaucratic institutions need not necessarily conform to -- and may even diverge significantly -- from standard Western models, at least at early stages of development. My research draws on interviews with 165 cadres across different regions and governmental sectors, as well as statistical analysis of previously unavailable budget data.

The Advance of the State in Contemporary China

Author : Sarah Eaton
Publisher : Cambridge University Press
Page : 167 pages
File Size : 40,9 Mb
Release : 2016
Category : Business & Economics
ISBN : 9781107123410

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The Advance of the State in Contemporary China by Sarah Eaton Pdf

Charts the advance of the state in contemporary China through an analysis of state-market relations in the reform era.

The Chinese State in the Era of Economic Reform

Author : Gordon White
Publisher : Springer
Page : 352 pages
File Size : 49,8 Mb
Release : 1991-06-18
Category : Business & Economics
ISBN : 9781349119394

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The Chinese State in the Era of Economic Reform by Gordon White Pdf

An assessment of the impact of the post-Mao market-orientated reforms in China on the Chinese state and its relations with economy and society. It investigates the political and social consequences of an economic strategy which aims to introduce markets into a centrally-planned socialist economy.

Market in State

Author : Yongnian Zheng,Yanjie Huang
Publisher : Cambridge University Press
Page : 493 pages
File Size : 47,9 Mb
Release : 2018-09-06
Category : Business & Economics
ISBN : 9781108473446

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Market in State by Yongnian Zheng,Yanjie Huang Pdf

Uses the framework of 'market in state', to argue that the Chinese economy is state-centered, dominated by political principles over economic principles.

China in the New Millennium

Author : James A. Dorn
Publisher : Cato Institute
Page : 438 pages
File Size : 50,7 Mb
Release : 1998
Category : Business & Economics
ISBN : 1882577612

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China in the New Millennium by James A. Dorn Pdf

China is expected to become the world's largest economy in less than two decades. Whether it does so will depend on continued growth of the non-state sector and how well China adapts to global market forces. The essays in this volume consider the state of China's economic reforms, the institutional changes necessary for China to become a global economic power, and the interplay between market reforms and social development in China.

State-Market Interactions in China's Reform Era

Author : Junmin Wang
Publisher : Routledge
Page : 194 pages
File Size : 55,8 Mb
Release : 2014-06-23
Category : Political Science
ISBN : 9781317605591

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State-Market Interactions in China's Reform Era by Junmin Wang Pdf

China today has the largest communist political regime and one of the most dynamic, fastest-growing, and largest economies in the world. Using a case study of China’s tobacco industry, this book analyses how the Chinese government was able to cultivate big state-owned firms that have successfully embraced the global market. The success of the Chinese economy and the many state-owned firms within it have given rise to a "Beijing Consensus," challenging almost every principle enshrined in the so-called "Washington Consensus" that espouses private ownership, free markets, and democracy. By examining two important political processes in contemporary China, ‘local state competition’ and ‘global-market building’, the book argues that the first process serves as a crucial basis for the second. It illustrates how the local governments involved themselves in building and shaping the tobacco market throughout the 1980s and 1990s, and how these domestic market dynamics created conditions for China’s recent embrace of the international market. Offering an in-depth exploration of the political-economic processes in a key Chinese state industry, the book emphasizes that the key to understanding China’s political transition is to look at how the state has been shaped by its market-building projects both domestically and globally. It presents an important contribution to studies on Chinese Business and International Political Economy.

China’s 40 Years of Reform and Development: 1978–2018

Author : Ross Garnaut,Ligang Song,Cai Fang
Publisher : ANU Press
Page : 709 pages
File Size : 48,9 Mb
Release : 2018-07-19
Category : Business & Economics
ISBN : 9781760462253

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China’s 40 Years of Reform and Development: 1978–2018 by Ross Garnaut,Ligang Song,Cai Fang Pdf

The year 2018 marks 40 years of reform and development in China (1978–2018). This commemorative book assembles some of the world’s most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that have been learned by the model of growth and development in China over the preceding four decades. This book explores what has happened in the transformation of the Chinese economy in the past 40 years for China itself, as well as for the rest of the world, and discusses the implications of what will happen next in the context of China’s new reform agenda. Focusing on the long-term development strategy amid various old and new challenges that face the economy, this book sets the scene for what the world can expect in China’s fifth decade of reform and development. A key feature of this book is its comprehensive coverage of the key issues involved in China’s economic reform and development. Included are discussions of China’s 40 years of reform and development in a global perspective; the political economy of economic transformation; the progress of marketisation and changes in market-compatible institutions; the reform program for state-owned enterprises; the financial sector and fiscal system reform, and its foreign exchange system reform; the progress and challenges in economic rebalancing; and the continuing process of China’s global integration. This book further documents and analyses the development experiences including China’s large scale of migration and urbanisation, the demographic structural changes, the private sector development, income distribution, land reform and regional development, agricultural development, and energy and climate change policies.

China

Author : Ross Garnaut,Ligang Song
Publisher : Unknown
Page : 240 pages
File Size : 40,5 Mb
Release : 2012
Category : China
ISBN : 1922144452

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China by Ross Garnaut,Ligang Song Pdf

Nine papers by various authors discussing aspects of economic reform in China over a 20 year period.

How China Escaped Shock Therapy

Author : Isabella M. Weber
Publisher : Routledge
Page : 256 pages
File Size : 52,9 Mb
Release : 2021-05-26
Category : Business & Economics
ISBN : 9780429953958

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How China Escaped Shock Therapy by Isabella M. Weber Pdf

China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.

The Entrepreneurial State in China

Author : Jane Duckett
Publisher : Routledge
Page : 374 pages
File Size : 48,9 Mb
Release : 2006-10-19
Category : Social Science
ISBN : 9781134661749

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The Entrepreneurial State in China by Jane Duckett Pdf

Jane Duckett describes in detail new state business activities in China and explains why they have appeared. Using research on the northern city of Tianjin during the 1990s, she argues that individual departments, within the Chinese state, are involved in the market economy through the establishment of their own businesses. The book demonstrates that many of these businesses are genuinely entrepreneurial in the sense of profit-seeking, risk-taking and productive, rather than rent-seeking, speculative or profiteering. This entrepreneurialism is an important new dimension of state activity in China with implications for our understanding of the Chinese state. This book develops an alternative to the local government state model and emphasises instead the State's dynamic, entrepreneurial role in the process of economic reform.

China's Military Procurement in the Reform Era

Author : Yoram Evron
Publisher : Routledge
Page : 233 pages
File Size : 49,8 Mb
Release : 2015-06-26
Category : Political Science
ISBN : 9781317478942

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China's Military Procurement in the Reform Era by Yoram Evron Pdf

The decisions that shape the policy of weapons procurement are an important area of national security policy. This is all the more true for China, which during recent decades has vacillated between different sources and directions of military build-up. This book explores the politics of military procurement in China under the successive leaderships of Deng Xiaoping, Jiang Zemin and Hu Jintao. It shows how China’s political and military leaders have sought to adjust military procurement policy to meet China's strategic objectives, to relate it to non-military needs, to strike a balance between the import of weapons and indigenous production, and to determine the connections between hardware and other components of military power. Exploring in detail five major shifts in the nation’s military procurement, it traces the considerations and negotiations among China's civilian and military leaderships. By doing so, it offers both a conceptual framework and empirical grounds for evaluating the factors that shape China's military procurement directions, as well as their limitations, prospects, and operational implications. As the first book to study comprehensively and systematically the attributes shaping China's military procurement, it will be of great interest to students and scholars of Chinese politics, Chinese history and military and strategic studies.

Unfinished Reforms in the Chinese Economy

Author : Jun Zhang
Publisher : World Scientific
Page : 521 pages
File Size : 46,8 Mb
Release : 2013
Category : Business & Economics
ISBN : 9789814434010

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Unfinished Reforms in the Chinese Economy by Jun Zhang Pdf

China has quickly moved into a critical point in the sense that its past performance in economic growth and development has created so many unsolved problems, and for such problems to be addressed, a better understanding of these problems and a clear policy framework are required for policy makers to conduct reforms. Based on highOColevel empirical research on China''s economic development by each of the contributors, this edited book provides an in-depth and clear analysis of many of important issues facing China''s move to new phase of economic development and transformation, and discusses policy issues involved in further reforms.

The Chinese Economic Transformation

Author : Song, Ligang,Zhou, Yixiao,Hurst, Luke
Publisher : ANU Press
Page : 336 pages
File Size : 51,8 Mb
Release : 2019-07-10
Category : Business & Economics
ISBN : 9781760463120

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The Chinese Economic Transformation by Song, Ligang,Zhou, Yixiao,Hurst, Luke Pdf

The Chinese Economic Transformation, the 19th volume in the China Update book series, provides an opportunity for young economists to share their views on various issues relating to the Chinese economic transformation. More than half of the contributors to this book are female scholars. Some of the contributors are rising stars in the studies of the Chinese economy and economic transition, and some only recently received their PhDs and are on their way to establishing themselves in the field of China studies. But they have one thing in common: to passionately observe, study and research what is going on in the Chinese economic transformation during the reform period; and, by so doing, make contributions to the policy debates on, and general understanding of, the Chinese economy. The chapters in this volume include an in-depth probe into challenges in capital and credit allocation due to financial friction and policy distortions; investigating the causes of growth slow-down in China and suitable policy responses; the evolution of the household registration system and its impact on off-farm employment and the integration of rural and urban labour markets; the growth, scale and characteristics of nonstandard employment; the development of rural e-commerce and its economic impact; innovation performance of listed enterprises in China; financial services liberalisation and its impact on firms’ performance; financing support schemes for small and medium-sized enterprises (SMEs) and the effect on banks’ credit allocation to SMEs; the potential costs of US–China trade conflict and ways to mitigate them; gender income gap in China’s labour market; causes of blockage of Chinese overseas direct investment and strategies to reduce the probability of encountering obstacles; and the role of state capital in the iron ore boom in Australia. The great variety of topics in this year’s Update allows readers to understand the current shape of the Chinese economy and to think deeply about policies and necessary reforms for future growth and development.

To Get Rich Is Glorious

Author : Jacques deLisle,Avery Goldstein
Publisher : Brookings Institution Press
Page : 290 pages
File Size : 48,8 Mb
Release : 2019-09-24
Category : Business & Economics
ISBN : 9780815737261

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To Get Rich Is Glorious by Jacques deLisle,Avery Goldstein Pdf

" In 1978, China launched economic reforms that have resulted in one of history’s most dramatic national transformations. The reforms removed bureaucratic obstacles to economic growth and tapped China’s immense reserves of labor and entrepreneurial talent to unleash unparalleled economic growth in the country. In the four decades since, China has become the world’s second-largest economy after the United States, and a leading force in international trade and investment. As the contributors to this volume show, China also faces daunting challenges in sustaining growth, continuing its economic ransformation, addressing the adverse consequences of economic success, and dealing with mounting suspicion from the United States and other trade and investment partners. China also confronts risks stemming from the project to expand its influence across the globe through infrastructure investments and other projects under the Belt and Road Initiative. At the same time, China’s current leader, Xi Jinping, appears determined to make his own lasting mark on the country and on China’s use of its economic clout to shape the world around it. "