The era of globalization saw China emerge as the world's
manufacturing titan. However, the "made in China" model—with its
reliance on cheap labor and thin profits—has begun to wane.
Beginning in the 2000s, the Chinese state shifted from attracting
foreign investment to promoting the technological competitiveness
of domestic firms. This shift caused tensions between winners and
losers, leading local bureaucrats to compete for resources in
government budget, funding, and tax breaks. While bureaucrats
successfully built coalitions to motivate businesses to upgrade in
some cities, in others, vested interests within the government
deprived businesses of developmental resources and left them in a
desperate race to the bottom. In Manipulating Globalization, Ling
Chen argues that the roots of coalitional variation lie in the type
of foreign firms with which local governments forged alliances.
Cities that initially attracted large global firms with a
significant share of exports were more likely to experience
manipulation from vested interests down the road compared to those
that attracted smaller foreign firms. The book develops the
argument with in-depth interviews and tests it with quantitative
data across hundreds of Chinese cities and thousands of firms. Chen
advances a new theory of economic policies in authoritarian regimes
and informs debates about the nature of Chinese capitalism. Her
findings shed light on state-led development and coalition
formation in other emerging economies that comprise the new
"globalized" generation.
General
| Imprint: |
Stanford University Press
|
| Country of origin: |
United States |
| Series: |
Studies of the Walter H. Shorenstein Asia-Pacific Research Center |
| Release date: |
June 2018 |
| First published: |
2018 |
| Authors: |
Ling Chen
|
| Dimensions: |
229 x 152 x 22mm (L x W x T) |
| Format: |
Hardcover - Cloth
|
| Pages: |
232 |
| ISBN-13: |
978-1-5036-0479-7 |
| Categories: |
Books >
Business & Economics >
General
|
| LSN: |
1-5036-0479-9 |
| Barcode: |
9781503604797 |
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