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Books > Business & Economics > Industry & industrial studies > Manufacturing industries > Food manufacturing & related industries > Tobacco industry
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State-Market Interactions in China's Reform Era - Local State Competition and Global Market Building in the Tobacco Industry (Paperback)
Loot Price: R1,516
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State-Market Interactions in China's Reform Era - Local State Competition and Global Market Building in the Tobacco Industry (Paperback)
Series: Routledge Contemporary China Series
Expected to ship within 10 - 15 working days
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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.
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