The state and capitalism in China

• Verfasst von: Pearson, Margaret M. [VerfasserIn]
• Verfasst von: Rithmire, Meg [VerfasserIn]
• Verfasst von: Tsai, Kellee S. [VerfasserIn]
• Titel: The state and capitalism in China
• Verf.angabe: Margaret Pearson (University of Maryland), Meg Rithmire (Harvard Business School), Kellee Tsai (Hong Kong University of Science and Technology)
• Verlagsort: Cambridge, United Kingdom ; New York, NY, USA ; Port Melbourne, VIC, Australia ; New Delhi, India ; Singapore
• Verlag: Cambridge University Press
• Jahr: 2023
• Umfang: 86 Seiten
• Gesamttitel/Reihe: Cambridge elements : Elements in politics and society in East Asia
• Fussnoten: Includes bibliographical references
• ISBN: 978-1-009-35674-9
• ISBN: 1-009-35674-7
• DOI: doi:10.1017/9781009356732
• Schlagwörter: (g)China / (s)Wirtschaftspolitik
• Sprache: eng
• Bibliogr. Hinweis: Erscheint auch als : Online-Ausgabe: Pearson, Margaret M., 1959-: State and capitalism in China. - Cambridge : Cambridge University Press, 2023
• K10plus-PPN: 1847696732

Abstract

"China's contemporary political economy features an emboldened role for the state as owner and regulator, and with markets expected to act in the service of party-state goals. How has the relationship between the state and different types of firms evolved? This Element situates China's reform-era political economy in comparative analytic perspective with attention to adaptations of its model over time. Just as other types of economies have generated internal dynamics and external reactions that undermine initial arrangements, so too has China's political economy. While China's state has always played a core role in development, over time prioritization of growth has shifted to a variant of state capitalism best described as, "party-state capitalism," which emphasizes risk management and leadership by the Chinese Communist Party (CCP). Rather than reflecting long-held intentions of the CCP, the transition to party-state capitalism emerged from reactions to perceived threats and problems, some domestic and some external. These adaptations are refracted in the contemporary crises of global capitalism."