China's regulatory state
Subtitle: a new strategy for globalization
By: Roselyn Hsueh
Series: Cornell studies in political economy; Cornell studies in political economy
Publisher: Cornell University Press
Published: 2011
Place of publication: Ithaca
Language: eng
Number of pages: 303
ISBN-13: 9780801449956
Subjects: Industrial policy; Free trade; Globalization; Trade regulation
Description: 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.
Notes: Includes bibliographical references and index.
Table of contents: title: Liberalization two-step : understanding state control of the economy; title: China's strategy for international integration : the logic of reregulation; title: Telecommunications and textiles : two patterns of state control; title: Consolidating central control of telecommunications in the pre-WTO era; title: State-owned carriers and centrally led reregulation of telecommunications in the WTO era; title: Dismantling central control of textiles in the pre-WTO era; title: Sector associations and locally led reregulation of textiles in the WTO era; title: Deliberate reinforcement in strategic industries; title: Decentralized engagement in nonstrategic industries; title: China's development model : a new strategy for globalization.