Liberalization two-step : understanding state control of the economy -- China's strategy for international integration : the logic of reregulation -- Telecommunications and textiles : two patterns of state control -- Consolidating central control of telecommunications in the pre-WTO era -- State-owned carriers and centrally led reregulation of telecommunications in the WTO era -- Dismantling central control of textiles in the pre-WTO era -- Sector associations and locally led reregulation of textiles in the WTO era -- Deliberate reinforcement in strategic industries -- Decentralized engagement in nonstrategic industries -- China's development model : a new strategy for globalization.
Summary:
In China's Regulatory State, Roselyn Hsueh demonstrates that China only appears to be a more liberal state; even as it introduces competition and devolves economic decisionmaking, the state has selectively imposed new regulations at the sectoral level, asserting and even tightening control over industry and market development, to achieve state goals. By investigating in depth how China implemented its economic policies between 1978 and 2010, Hsueh gives the most complete picture yet of China's regulatory state, particularly as it has shaped the telecommunications and textiles industries. Hsueh contends that a logic of strategic value explains how the state, with its different levels of authority and maze of bureaucracies, interacts with new economic stakeholders to enhance its control in certain economic sectors while relinquishing control in others. Sectoral characteristics determine policy specifics although the organization of institutions and boom-bust cycles influence how the state reformulates old rules and creates new ones to maximize benefits and minimize costs after an initial phase of liberalization. This pathbreaking analysis of state goals, government-business relations, and methods of governance across industries in China also considers Japan's, South Korea's, and Taiwan's manifestly different approaches to globalization.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.