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Contagious capitalism

£18.99

Product description

One of the core assumptions of recent American foreign policy is that China's post-1978 policy of "reform and openness" will lead to political liberalization. This book challenges that assumption and the general relationship between economic liberalization and democratization. Moreover, it analyzes the effect of foreign direct investment (FDI) liberalization on Chinese labor politics. Market reforms and increased integration with the global economy have brought about unprecedented economic growth and social change in China during the last quarter of a century.
Contagious Capitalism contends that FDI liberalization played three roles in the process of China's reforms. First, it placed competitive pressure on the state sector to produce more efficiently, thus necessitating new labor practices. Second, it allowed difficult and politically sensitive labor reforms to be extended to other parts of the economy. Third, it caused a reformulation of one of the key ideological debates of reforming socialism: the relative importance of public industry.
China's growing integration with the global economy through FDI led to a new focus of debate - away from the public vs. private industry dichot;In comparing China with other Eastern European and Asian economies, two important considerations come into play, the book argues: China's pattern of ownership diversification and China's mode of integration into the global economy. This book relates these two factors to the success of economic change without political liberalization and addresses the way FDI liberalization has affected relations between workers and the ruling Communist Party. Its conclusion: reform and openness in this context resulted in a strengthened Chinese state, a weakened civil society (especially labor), and a delay in political liberalization.

Cover shows slight wear, otherwise clean, unmarked copy. Some pages slightly dogeared.

Item details

Author(s):
Gallagher, Mary Elizabeth, 1969-
Condition:
Used: very good
Dimensions:
24x16cm
Edition:
2005
Format:
Hardback
ISBN-10:
0691117616
ISBN-13:
9780691117614
Number of pages:
240
Publisher:
Princeton University Press

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About this item

One of the core assumptions of recent American foreign policy is that China's post-1978 policy of "reform and openness" will lead to political liberalization. This book challenges that assumption and the general relationship between economic liberalization and democratization. Moreover, it analyzes the effect of foreign direct investment (FDI) liberalization on Chinese labor politics. Market reforms and increased integration with the global economy have brought about unprecedented economic growth and social change in China during the last quarter of a century.
Contagious Capitalism contends that FDI liberalization played three roles in the process of China's reforms. First, it placed competitive pressure on the state sector to produce more efficiently, thus necessitating new labor practices. Second, it allowed difficult and politically sensitive labor reforms to be extended to other parts of the economy. Third, it caused a reformulation of one of the key ideological debates of reforming socialism: the relative importance of public industry.
China's growing integration with the global economy through FDI led to a new focus of debate - away from the public vs. private industry dichot;In comparing China with other Eastern European and Asian economies, two important considerations come into play, the book argues: China's pattern of ownership diversification and China's mode of integration into the global economy. This book relates these two factors to the success of economic change without political liberalization and addresses the way FDI liberalization has affected relations between workers and the ruling Communist Party. Its conclusion: reform and openness in this context resulted in a strengthened Chinese state, a weakened civil society (especially labor), and a delay in political liberalization.

Cover shows slight wear, otherwise clean, unmarked copy. Some pages slightly dogeared.

Author(s):
Gallagher, Mary Elizabeth, 1969-
Condition:
Used: very good
Dimensions:
24x16cm
Edition:
2005
Format:
Hardback
ISBN-10:
0691117616
ISBN-13:
9780691117614
Number of pages:
240
Publisher:
Princeton University Press

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