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State Capitalism, Institutional Adaptation, and the Chinese Miracle (Hardcover)
Loot Price: R2,441
Discovery Miles 24 410
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State Capitalism, Institutional Adaptation, and the Chinese Miracle (Hardcover)
Series: Comparative Perspectives in Business History
Expected to ship within 12 - 17 working days
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China's stunning growth rates have corresponded with the rise of
'state capitalism'. Since the mid-2000s, China's political economy
has stabilized around a model where most sectors are marketized and
increasingly integrated with the global economy; yet strategic
industries remain firmly in the grasp of an elite empire of
state-owned enterprises. What are the implications of state
capitalism for industrial competitiveness, corporate governance,
government-business relations, and domestic welfare? How does
China's model of state capitalism compare with other examples of
state-directed development in late industrializing countries? As
China enters a phase of more modest growth, it is especially timely
to understand how its institutions have adapted to new challenges
and party-state priorities. In this volume, leading scholars of
China's economy, politics, history, and society explore these
compelling issues.
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