Author : Barry Naughton
Release : 2015-05-28
Genre : Political Science
Kind : eBook
Book Rating : 648/5 ( reviews)
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Book Synopsis State Capitalism, Institutional Adaptation, and the Chinese Miracle by : Barry Naughton
Download or read book State Capitalism, Institutional Adaptation, and the Chinese Miracle written by Barry Naughton. This book was released on 2015-05-28. Available in PDF, EPUB and Kindle. Book excerpt: 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.