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Varieties of State Regulation - How China Regulates Its Socialist Market Economy (Hardcover)
Loot Price: R1,327
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Varieties of State Regulation - How China Regulates Its Socialist Market Economy (Hardcover)
Series: Harvard East Asian Monographs
Expected to ship within 7 - 13 working days
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In Varieties of State Regulation, Yukyung Yeo explores how, despite
China's increasing integration into the global market, the Chinese
central party-state continues to oversee the most strategic sectors
of its economy. Since the 1990s, as major state firms were spun off
from the ministries that managed them under the central planning
system, the nature of the state in governing the economy has been
remarkably transformed into that of a regulator. Based on over a
hundred interviews conducted with Chinese central and local
officials, firms, scholars, journalists, and consultants, the book
demonstrates that the form of central state control varies
considerably across leading industrial sectors, depending on the
dominant mode of state ownership, conception of control, and
governing structure. By analyzing and comparing institutional
dynamics across various sectors, Yeo explains variations in the
pattern of China's regulation of its economy. She contrasts the
regulation of the automobile industry, a relatively decentralized
sector, with the highly-centralized telecommunications industry,
and demonstrates how China's central party-state maintains
regulatory authority over key local state-owned enterprises.
Placing these findings in historical and comparative contexts, the
book presents the evolution and current practice of state
regulation in China and examines its compatibility with other
contemporary government practices.
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