China's Large Enterprises and the Challenge of Late Industrialization

China's Large Enterprises and the Challenge of Late Industrialization PDF Author: Dylan Sutherland
Publisher: Psychology Press
ISBN: 9780415305815
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
Considers the 'late industrialisation' of China, showing how government policies have encouraged the development of 120 'national champions', and how these compete with multinational enterprises.

China's Large Enterprises and the Challenge of Late Industrialization

China's Large Enterprises and the Challenge of Late Industrialization PDF Author: Dylan Sutherland
Publisher: Psychology Press
ISBN: 9780415305815
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
Considers the 'late industrialisation' of China, showing how government policies have encouraged the development of 120 'national champions', and how these compete with multinational enterprises.

China's Large Enterprises and the Challenge of Late Industrialisation

China's Large Enterprises and the Challenge of Late Industrialisation PDF Author: Dylan Sutherland
Publisher:
ISBN: 9780203351642
Category : Business enterprises
Languages : en
Pages : 183

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Book Description
Considers the 'late industrialisation' of China, showing how government policies have encouraged the development of 120 'national champions', and how these compete with multinational enterprises.

China's Large Enterprises and the Challenge of Late Industrialisation

China's Large Enterprises and the Challenge of Late Industrialisation PDF Author: Dylan Sutherland
Publisher: Routledge
ISBN: 1134403305
Category : Political Science
Languages : en
Pages : 208

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Book Description
Considers the 'late industrialisation' of China, showing how government policies have encouraged the development of 120 'national champions' (akin to Japanese keiretsu and South Korean chaebol ), how these 'national champions' compete with multinational enterprises, and how China's rapid and successful 'late industrialisation' does not fit orthodox economic theories. The book provides a detailed illustration of these wider issues with a case study of the auto industry.

China and the Global Business Revolution

China and the Global Business Revolution PDF Author: P. Nolan
Publisher: Springer
ISBN: 0230524109
Category : Social Science
Languages : en
Pages : 1092

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Book Description
China has used industrial policies to try to build large corporations that can challenge those based in more advanced countries. By the late 1990s the operational mechanism of China's large firms had seen large advances. Simultaneously, a revolution has taken place in global business systems, and China's large firms are even further behind the global leaders than when they began their reforms. The WTO will require China to operate rapidly on the 'global playing field' in competition with the world's leading corporations, and this increased gap presents a deep challenge for China's business and political leaders. Peter Nolan presents here the first in-depth case studies of China's large corporations under economic reform, combined with systematic benchmarking of these firms against the world's leading corporations. The book is an unrivalled resource of information on Chinese businesses, and also leads the reader to consider the impact of China's response to its current challenges not only on China itself, but on the wider global economy.

China's Industrialization Process

China's Industrialization Process PDF Author: Qunhui Huang
Publisher: Springer
ISBN: 9811036659
Category : Business & Economics
Languages : en
Pages : 143

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Book Description
Based on long-term research, this book comprehensively and systematically discusses the industrialization process in China, analyzing the level, characteristics, achievements and experiences as well as the problems faced. It also provides answers to important questions related to economic development and the industrialization process in China, such as what level of industrialization China has achieved and whether China can become an industrialized country. Lastly, it offers an explanation of China's economic development from the perspective of industrialization.

Chinese Firms, Global Firms

Chinese Firms, Global Firms PDF Author: Peter Nolan
Publisher: Routledge
ISBN: 1317964519
Category : Social Science
Languages : en
Pages : 231

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Book Description
China has achieved remarkable, sustained economic growth under the policies of ‘reform and opening up’ put into place since the late 1970s. China’s industrial policies have nurtured a large group of firms with high profits and a high market capitalisation. However, few people in the West can name a single Chinese firm. During the modern era of capitalist globalisation firms from the high income countries have spread their business systems across the world. This has presented a profound challenge for industrial policy in developing countries, including even China, the world’s second largest economy. China is unique among large latecomer developing countries in having reached the position of being a huge, fast-growing economy, with a tremendous impact on the rest of the world, but lacking a substantial group of globally competitive firms. This volume explores this paradox. Fully understanding the industrial policy challenge that the era of capitalist globalisation has produced for China is essential for harmonious international relations.

The Making of an Economic Superpower

The Making of an Economic Superpower PDF Author: Yi Wen
Publisher: World Scientific
ISBN: 9814733741
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current "backward" financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream "blackboard" economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself. Contents: IntroductionKey Steps Taken by China to Set Off an Industrial RevolutionShedding Light on the Nature and Cause of the Industrial RevolutionWhy is China's Rise Unstoppable?Wha's Wrong with the Washington Consensus and the Institutional Theories?Case Study of Yong Lian: A Poor Village's Path to Becoming a Modern Steel TownConclusion: A New Stage Theory of Economic Development Readership: Academics, undergraduate and graduates students, journalists and professionals interested in economic development, the history of the Industrial Revolution, and especially China's economic transformation and industrial growth, as well as the political economy of governance.

China's Path of Industrialization

China's Path of Industrialization PDF Author: Bei Jin
Publisher: Springer Nature
ISBN: 9811515069
Category : Social Science
Languages : en
Pages : 250

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Book Description
This book reviews China’s industrialization from the perspective of inclusiveness, and discusses the challenges arising from its industrialization process and how the Chinese people view and seek to overcome these challenges. By examining China’s industrialization in the context of the global economy, it reveals how China should be further integrated into and contribute to the great endeavor of worldwide industrialization and human development in the new era of economic globalization, allowing it to become a responsible stakeholder through its national rejuvenation for the benefit of the entire world.

China's Centralized Industrial Order

China's Centralized Industrial Order PDF Author: Chen Li
Publisher: Routledge
ISBN: 1317910540
Category : Business & Economics
Languages : en
Pages : 243

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Book Description
This book is about the political economy of China’s industrial reform and the rise of a group of Chinese big businesses under the Communist Party and the central state’s control. It examines the origins, evolution and institutional configuration of this centralized system in governing the ‘commanding heights’ of the Chinese industrial economy. Shaped by persistent industrial policies to develop China’s ‘national champions’ enterprises, the core parts of China’s central industrial ministries and mono-bank system have been transformed into a ‘national team’ of giant modern business firms in industries such as oil, power generation, telecommunications, aerospace, aviation, nuclear, shipbuilding, mining, construction, automobile and banking. Through an adaptive process of learning, experimentation and restructuring, the bedrock of the authority relations and control mechanisms among the Party, government bureaucracy and firms has been consolidated rather than dismantled in the system’s transformation. This alternative view of China’s industrial reform presents a direct challenge to the neo-liberal transition model of China’s institutional development and the mainstream Western conceptions of Chinese big business.

The Oxford Handbook of Industrial Policy

The Oxford Handbook of Industrial Policy PDF Author: Arkebe Oqubay
Publisher: Oxford University Press
ISBN: 0192607235
Category : Business & Economics
Languages : en
Pages : 912

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Book Description
Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competitiveness, catching up, and structural change in both advanced and developing countries. It has also been one of the most contested perspectives, reflecting ideologically inflected debates and shifts in prevailing ideas. There has lately been a renewed interest in industrial policy in academic circles and international policy dialogues, prompted by the weak outcomes of policies pursued by many developing countries under the direction of the Washington Consensus (and its descendants), the slow economic recovery of many advanced economies after the 2008 global financial crisis, and mounting anxieties about the national consequences of globalization. The Oxford Handbook of Industrial Policy presents a comprehensive review of and a novel approach to the conceptual and theoretical foundations of industrial policy. The Handbook also presents analytical perspectives on how industrial policy connects to broader issues of development strategy, macro-economic policies, infrastructure development, human capital, and political economy. By combining historical and theoretical perspectives, and integrating conceptual issues with empirical evidence drawn from advanced, emerging, and developing countries, The Handbook offers valuable lessons and policy insights to policymakers, practitioners and researchers on developing productive transformation, technological capabilities, and international competitiveness. It addresses pressing issues including climate change, the gendered dimensions of industrial policy, global governance, and technical change. Written by leading international thinkers on the subject, the volume pulls together different perspectives and schools of thought from neo-classical to structuralist development economists to discuss and highlight the adaptation of industrial policy in an ever-changing socio-economic and political landscape.