Subsidies to Chinese Industry

Subsidies to Chinese Industry PDF Author: Usha C.V. Haley
Publisher: Oxford University Press
ISBN: 0199339783
Category : Business & Economics
Languages : en
Pages : 295

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Book Description
How did China move so swiftly in capital-intensive industries without labor-cost or scale advantage from bit player to the largest manufacturer and exporter in the world? This book argues that subsidies contributed significantly to China's success. Industrial subsidies in key Chinese manufacturing industries may exceed thirty percent of industrial output. Economic theories have mostly portrayed subsidies as distortive, inefficiently reallocating resources according to non-market criteria. However, China's state-capitalist regime uses subsidies to promote the governments' and the Communist Party of China's interests. Rather than aberrations, subsidies help Chinese businesses and governments produce, stabilize and create common understandings of markets; the flows of capital reflect struggles between critical Chinese actors including central and provincial governments. Concepts of state capitalism including market-transition theory, the multi-organizational Chinese state, and state as paramount shareholder, create complex and relevant understandings of Chinese subsidies. The authors develop independent measures of industrial subsidies using publicly-reported data at firm and industry levels from governmental and private sources. Subsidies include free to low-cost loans, subsidies to energy (coal, electricity, natural gas, heavy oil) and to key inputs, land and technology. Four sequential studies identify the growth of subsidies to Chinese manufacturing over time and effects on world industry: steel (2000-2007), glass (2004-2008), paper (2002-2009) and auto parts (2001-2011). Subsidies to Chinese industry affect and are affected by business strategy and trade policy. Business strategies include lobbying for subsidies and for protection from subsidized foreign competitors and managing supply chains to guard against whiplash effects of uncoordinated subsidies. The subsidized solar industry highlights how global business strategies and decisions on production location and technology development respond to production or consumption subsidies and include market (competitive) and non-market (political) strategies. The book also covers government policies and regulation on subsidies broadly focusing on domestic consumption (antidumping and countervailing duties) and domestic production (indigenous innovation).

From Old Regime to Industrial State

From Old Regime to Industrial State PDF Author: Richard H. Tilly
Publisher: University of Chicago Press
ISBN: 022672557X
Category : Business & Economics
Languages : en
Pages : 337

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Book Description
In From Old Regime to Industrial State, Richard H. Tilly and Michael Kopsidis question established thinking about Germany’s industrialization. While some hold that Germany experienced a sudden breakthrough to industrialization, the authors instead consider a long view, incorporating market demand, agricultural advances, and regional variations in industrial innovativeness, customs, and governance. They begin their assessment earlier than previous studies to show how the 18th-century emergence of international trade and the accumulation of capital by merchants fed commercial expansion and innovation. This book provides the history behind the modern German economic juggernaut.

Subsidies to Chinese Industry

Subsidies to Chinese Industry PDF Author: Usha C.V. Haley
Publisher: Oxford University Press
ISBN: 0199339783
Category : Business & Economics
Languages : en
Pages : 295

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Book Description
How did China move so swiftly in capital-intensive industries without labor-cost or scale advantage from bit player to the largest manufacturer and exporter in the world? This book argues that subsidies contributed significantly to China's success. Industrial subsidies in key Chinese manufacturing industries may exceed thirty percent of industrial output. Economic theories have mostly portrayed subsidies as distortive, inefficiently reallocating resources according to non-market criteria. However, China's state-capitalist regime uses subsidies to promote the governments' and the Communist Party of China's interests. Rather than aberrations, subsidies help Chinese businesses and governments produce, stabilize and create common understandings of markets; the flows of capital reflect struggles between critical Chinese actors including central and provincial governments. Concepts of state capitalism including market-transition theory, the multi-organizational Chinese state, and state as paramount shareholder, create complex and relevant understandings of Chinese subsidies. The authors develop independent measures of industrial subsidies using publicly-reported data at firm and industry levels from governmental and private sources. Subsidies include free to low-cost loans, subsidies to energy (coal, electricity, natural gas, heavy oil) and to key inputs, land and technology. Four sequential studies identify the growth of subsidies to Chinese manufacturing over time and effects on world industry: steel (2000-2007), glass (2004-2008), paper (2002-2009) and auto parts (2001-2011). Subsidies to Chinese industry affect and are affected by business strategy and trade policy. Business strategies include lobbying for subsidies and for protection from subsidized foreign competitors and managing supply chains to guard against whiplash effects of uncoordinated subsidies. The subsidized solar industry highlights how global business strategies and decisions on production location and technology development respond to production or consumption subsidies and include market (competitive) and non-market (political) strategies. The book also covers government policies and regulation on subsidies broadly focusing on domestic consumption (antidumping and countervailing duties) and domestic production (indigenous innovation).

State Corporatism and Proto-Industry

State Corporatism and Proto-Industry PDF Author: Sheilagh C. Ogilvie
Publisher: Cambridge University Press
ISBN: 9780521025843
Category : History
Languages : en
Pages : 540

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Book Description
State Corporatism and Proto-Industry focuses on the WÜrttemberg worsted industry, an example of a "proto-industry" that arose in many parts of Europe preceding factory industrialization. It has been argued that these proto-industries broke down traditional society but this book suggests otherwise. With the help of the state, corporate institutions such as merchant companies and rural guilds, regulated every aspect of rural life and thus profoundly shaped early modern European economic, demographic and social development.

State Capitalism and Working-class Radicalism in the French Aircraft Industry

State Capitalism and Working-class Radicalism in the French Aircraft Industry PDF Author: Herrick Chapman
Publisher: Univ of California Press
ISBN: 9780520071254
Category : History
Languages : en
Pages : 452

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Book Description
"Using the example of the aircraft industry, which takes him like an arrow to the heart of many of the key conflicts in French life between 1936 and 1948, Herrick Chapman has written a penetrating and exceptionally well documented account of the way that France developed her present style of industrial relations, in which the state plays such a central role. No book I know so successfully integrates the history of aviation . . . with the political and social history of France. Both thorough and thoughtful, it is an impressive achievement."--Robert Wohl, University of California, Los Angeles "An unusual, innovative book based on impressive research that throws new light in a major way on twentieth-century French politics and society . . . one of the most interesting and original monographs in modern French history in a long time."--Robert O. Paxton, Columbia University "This is a breakthrough of considerable importance. [Chapman] will become the leading North American, perhaps even English-speaking, historian of contemporary France."--George Ross, Brandeis University

Deep State

Deep State PDF Author: Marc Ambinder
Publisher: Turner Publishing Company
ISBN: 1118235738
Category : Political Science
Languages : en
Pages : 297

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Book Description
There is a hidden country within the United States. It was formed from the astonishing number of secrets held by the government and the growing ranks of secret-keepers given charge over them. The government secrecy industry speaks in a private language of codes and acronyms, and follows an arcane set of rules and customs designed to perpetuate itself, repel penetration, and deflect oversight. It justifies itself with the assertion that the American values worth preserving are often best sustained by subterfuge and deception. Deep State, written by two of the country's most respected national security journalists, disassembles the secrecy apparatus of the United States and examines real-world trends that ought to trouble everyone from the most aggressive hawk to the fiercest civil libertarian. The book: - Provides the fullest account to date of the National Security Agency’s controversial surveillance program first spun up in the dark days after 9/11. - Examines President Obama's attempt to reconcile his instincts as a liberal with the realities of executive power, and his use of the state secrets doctrine. - Exposes how the public’s ubiquitous access to information has been the secrecy industry's toughest opponent to date, and provides a full account of how WikiLeaks and other “sunlight” organizations are changing the government's approach to handling sensitive information, for better and worse. - Explains how the increased exposure of secrets affects everything from Congressional budgets to Area 51, from SEAL Team Six and Delta Force to the FBI, CIA, and NSA. - Assesses whether the formal and informal mechanisms put in place to protect citizens from abuses by the American deep state work, and how they might be reformed.

Instrumentation Between Science, State and Industry

Instrumentation Between Science, State and Industry PDF Author: B. Joerges
Publisher: Springer Science & Business Media
ISBN: 9780792367369
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
This book explores a little-studied arena that exists between science and technology, an arena in which a singular and important variety of open-ended, multi-purpose instrumentation is developed by practitioners (neither scientist nor engineer, call them research-technologists) for use in academia, industry, state metrology and technical services, and considerably beyond. The generic instrumentation designed in this almost subterraneously institutionalized/professionalized, interstitial arena fuels both science and engineering work. This involves intermittent crossings of the boundaries that demarcate and protect the conventional cognitive and artefact cultures familiar to many historians and sociologists. Research-technologists thereby comprise a distinctive (but never distinct) transverse science and technology culture that generates a species of pragmatic universality, which in turn provides multiple and diversified audiences with a common repertory of vocabularies, notational systems, images, and perhaps even paradigms. Research-technology practitioners deliver a lingua franca that contributes to cognitive, material, and social cohesion. Research-technology is about the complementarity between boundary-crossing and the stability/maintenance of boundaries.

Vietnamese State Industry and the Political Economy of Commercial Renaissance

Vietnamese State Industry and the Political Economy of Commercial Renaissance PDF Author: Adam Fforde
Publisher: Chandos Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
This book is based upon extensive and repeated fieldwork, close observation and familiarity with institutional detail. It traces Vietnam's early attempts to create in State Owned Enterprises (SOEs) a basis for a military-industrial complex, and the ways in which these attempts failed, which explains the nature of state commercialism through the 1980s and into recent years. Since the 1990 breakout to a market economy, Vietnam has shown outstanding development success, with rapid GDP growth, macroeconomic stability, swift poverty reduction, maintenance of social spending and extensive globalisation. Her SOEs have played a major role, not only in showing that performance gains in 1989-91 could compensate for loss of the large Soviet bloc aid program, but also as major players in the rapid economic change of the 1990s, during which the officially reported state share of GDP remained high. By the middle of the 2000s, however, a rising private sector was, in harness with a large presence of foreign companies, sharply increasing pressures upon SOEs. Against this background, the book concludes with an assessment of the extent to which Vietnam's commercialised SOEs are now no longer seen as an effective compromise, but acting as a major hindrance to Vietnam's development. Historical analysis of the process by which Vietnam's SOEs shifted from central-planning to operation in an increasingly globalised market economy Draws upon regular and repeated fieldwork going back to the late 1970s Uses a wide range of Vietnamese language and other sources

Industry, State, and Society in Stalin's Russia, 1926-1934

Industry, State, and Society in Stalin's Russia, 1926-1934 PDF Author: David R. Shearer
Publisher: Cornell University Press
ISBN: 9780801483851
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
In an effort to crush the syndicate movement and establish tight political control over the economy, Stalinist leaders intervened with a program of radical reforms. Shearer demonstrates that many professional engineers, planners, and industrial administrators actively supported the creation of a powerful industrial state unhampered by domestic social and economic constraints.

MITI and the Japanese Miracle

MITI and the Japanese Miracle PDF Author: Chalmers Johnson
Publisher: Stanford University Press
ISBN: 080476560X
Category : Political Science
Languages : en
Pages : 818

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Book Description
The focus of this book is on the Japanese economic bureaucracy, particularly on the famous Ministry of International Trade and Industry (MITI), as the leading state actor in the economy. Although MITI was not the only important agent affecting the economy, nor was the state as a whole always predominant, I do not want to be overly modest about the importance of this subject. The particular speed, form, and consequences of Japanese economic growth are not intelligible without reference to the contributions of MITI. Collaboration between the state and big business has long been acknowledged as the defining characteristic of the Japanese economic system, but for too long the state's role in this collaboration has been either condemned as overweening or dismissed as merely supportive, without anyone's ever analyzing the matter. The history of MITI is central to the economic and political history of modern Japan. Equally important, however, the methods and achievements of the Japanese economic bureaucracy are central to the continuing debate between advocates of the communist-type command economies and advocates of the Western-type mixed market economies. The fully bureaucratized command economies misallocate resources and stifle initiative; in order to function at all, they must lock up their populations behind iron curtains or other more or less impermeable barriers. The mixed market economies struggle to find ways to intrude politically determined priorities into their market systems without catching a bad case of the "English disease" or being frustrated by the American-type legal sprawl. The Japanese, of course, do not have all the answers. But given the fact that virtually all solutions to any of the critical problems of the late twentieth century--energy supply, environmental protection, technological innovation, and so forth--involve an expansion of official bureaucracy, the particular Japanese priorities and procedures are instructive. At the very least they should forewarn a foreign observer that the Japanese achievements were not won without a price being paid.

Popular Music and the State in the UK

Popular Music and the State in the UK PDF Author: Martin Cloonan
Publisher: Routledge
ISBN: 1317078101
Category : Music
Languages : en
Pages : 180

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Book Description
In an era of the rise of the free market and economic globalization, Martin Cloonan examines why politicians and policymakers in the UK have sought to intervene in popular music - a field that has often been held up as the epitome of the free market form. Cloonan traces the development of government attitudes and policies towards popular music from the 1950s to the present, discovering the prominence of two overlapping concerns: public order and the political economy of music. Since the music industry began to lobby politicians, particularly on the issue of copyright in relation to the internet, an inherent tension has become apparent with economic rationale on one side, and Romantic notions of 'the artist' on the other. Cloonan examines the development of policy under New Labour; numerous reports which have charted the economics of the industry; the New Deal for Musicians scheme and the impact of devolution on music policy in Scotland. He makes the case for the inherently political nature of popular music and asserts that the development of popular music policies can only be understood in the context of an increasingly close working relationship between government and the cultural industries. In addition he argues that a rather myopic view of the music industries has meant that policy initiatives have lacked cohesion and have generally served the interests of multinational corporations rather than struggling musicians.