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Over the past three decades, China has undergone a historic transformation. Once illegal, its private business sector now comprises 30 million businesses employing more than 200 million people and accounting for half of China's Gross Domestic Product. Yet despite the optimistic predictions of political observers and global business leaders, the triumph of capitalism has not led to substantial democratic reforms. In Capitalism without Democracy, Kellee S. Tsai focuses on the activities and aspirations of the private entrepreneurs who are driving China's economic growth. The famous images from 1989 of China's new capitalists supporting the students in Tiananmen Square are, Tsai finds, outdated...
Focusing on the activities and aspirations of the private entrepreneurs who are driving China's economic growth.
Chinese entrepreneurs have founded more than thirty million private businesses since Beijing instituted economic reforms in the late 1970s. Most of these private ventures, however, have been denied access to official sources of credit. State banks continue to serve state-owned enterprises, yet most private financing remains illegal. How have Chinese entrepreneurs managed to fund their operations? In defiance of the national banking laws, small business owners have created a dizzying variety of informal financing mechanisms, including rotating credit associations and private banks disguised as other types of organizations. Back-Alley Banking includes lively biographical sketches of individual...
This volume explores how Chinese institutions have adapted to the new challenges of 'state capitalism'.
Two powers in East Asia today stand to define the region's economic and commercial future: Japan, which rose in a spectacular industrial burst to become at present the world's second largest economy; and China, which is rapidly advancing towards a market economy under the watchful eye of the world. While much has been made of Japan and China’s particular economic institutions and developmental paths, few works analyze them in a comparative framework. Including contributions from leading academics, the text focuses on the period from the 1980s to the onset of the 2000s, reviewing the experiences of Japan and China across the areas of development, trade, investment, finance and technology. Drawing on a combination of official documents, economic statistics, case studies and original fieldwork, this book will give political scientists, political economists, business concerns, and policy analysts a firmer grasp of the role Japan and China stand to play in the world political economy.
The People's Republic of China has experienced numerous challenges and undergone tremendous structural changes over the past four decades. The party-state faces a fundamental tension in its pursuit of social stability and regime durability. Repressive state strategies enable the Chinese Communist Party to maintain its monopoly on political power, which is consistent with the regime's authoritarian essence. Yet the quality of governance and regime legitimacy are enhanced when the state adopts more inclusive modes of engagement with society. How can the assertion of political power be reconciled with responsiveness to societal demands? This dilemma lies at the core of evolutionary governance u...
"A Sense of Place examines the vast Kantō region as a locus of cultural identity and an object of familial attachment during the political and military turmoil of the late fifteenth and early sixteenth centuries in Japan. Through analysis of memoirs, letters, chronicles, poetry, travelogues, lawsuits, land registers, and archeological reports, David Spafford explores the relationships of the eastern elites to the space they inhabited: he considers the region both as a whole, in its literary representations and political and administrative dimensions, and as an aggregation of discrete locales, where struggles over land rights played out alongside debates about the meaning of ties between fam...
From 1949 to 1978, communist elites held clashing visions of China’s economic development. Mao Zedong advocated the “first way” of semi-autarchy characteristic of revolutionary Stalinism (1929–34), while Zhou Enlai adapted bureaucratic Stalinism (1934–53) to promote the “second way” of import substitution industrialization. A Third Way tells the story of Deng Xiaoping’s experimentation with export-led development inspired by Lenin’s New Economic Policy and the economic reforms of Eastern Europe and Asia. Having uncovered an extraordinary collection of internal party and government documents, Lawrence Reardon meticulously traces the evolution of the coastal development strat...
Addresses the durability of communist autocracies in Eastern Europe and Asia, the longest-lasting type of non-democratic regime to emerge after World War I.
What kind of role can the middle class play in potential democratization in such an undemocratic, late developing country as China? To answer this profound political as well as theoretical question, Jie Chen explores attitudinal and behavioral orientation of China's new middle class to democracy and democratization. Chen's work is based on a unique set of data collected from a probability-sample survey and in-depth interviews of residents in three major Chinese cities, Beijing, Chengdu and Xi'an--each of which represents a distinct level of economic development in urban China-in 2007 and 2008. The empirical findings derived from this data set confirm that (1) compared to other social classes...