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Capitalism Without Democracy
Focusing on the activities and aspirations of the private entrepreneurs who are driving China's economic growth.
Back-Alley Banking
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...
State Capitalism, Institutional Adaptation, and the Chinese Miracle
This volume explores how Chinese institutions have adapted to the new challenges of 'state capitalism'.
Japan and China in the World Political Economy
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.
Evolutionary Governance in China
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...
Informal Finance in China
Essays on Informal Finance in China is a compilation of chapters written by leading scholars on informal, or non-bank, finance in China. Presently, there is a scarcity of information on informal finance in China, and yet by heavily interacting with bank financing and production informal finance is estimated to have a significant impact upon GDP and the money supply. With China's financial power increasing in influence in the world economy, there is a growing need to elaborate on the workings of funding sources. This book providest these perspectives.
Weapons of the Wealthy
Mass mobilization is among the most dramatic and inspiring forces for political change. When ordinary citizens take to the streets in large numbers, they can undermine and even topple undemocratic governments, as the recent wave of peaceful uprisings in several postcommunist states has shown. However, investigation into how protests are organized can sometimes reveal that the origins and purpose of "people power" are not as they appear on the surface. In particular, protest can be used as an instrument of elite actors to advance their own interests rather than those of the masses. Weapons of the Wealthy focuses on the region of post-Soviet Central Asia to investigate the causes of elite-led ...
Wealth Into Power
Dickson argues that, rather than promoting democratization, China's entrepreneurs offer key support for the Communist Party's agenda.
Chinese Politics
Written by a team of leading China specialists, this updated 2nd edition of Chinese Politics explores the dynamics of state power and politics in contemporary China, focusing on the Xi Jinping era. Through its multi-disciplinary contributions, this book explores the extent to which Xi has reshaped the political, economic, socio-cultural, and demographic terrains of the PRC, as well as Beijing’s foreign policy. The book will help readers to think productively about the trajectory of these aspects of Chinese politics and society through Xi’s current term and beyond. The book also highlights the potential role outside countries and non-state actors might play in shaping China’s trajectory...
State Capitalism, Institutional Adaptation, and the Chinese Miracle
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.
