The Global Recession and China's Political Economy

by D. Yang (Editor)

Overview

In this volume, some of the leading scholars on China's development examine China's responses to the global financial crisis and their implications for China's economy, society, and the international balances of power.

Product Details

ISBN-13:	9780230340855
Publisher:	Palgrave Macmillan US
Publication date:	04/24/2012
Series:	China in Transformation
Edition description:	2012
Pages:	267
Product dimensions:	5.70(w) x 8.60(h) x 0.80(d)

About the Author

DALI L. YANG Professor in the Department of Political Science at the University of Chicago, USA. He is the author of Remaking the Chinese Leviathan: Market Transition and The Politics of Governance in China (2004); Calamity and Reform in China: State, Rural Society, and Institutional Change Since the Great Leap Famine (1996) and Beyond Beijing: Liberalization and the Regions in China(1997). He is also editor or co-editor of several other volumes and the author of many articles, including The United States and the Rise of China and India by the Chicago Council on Global Affairs. Yang is the founding faculty director of the University of Chicago Center in Beijing, China, and of the University of Chicago Confucius Institute. He was previously chairman of the Political Science Department, director of the Center for East Asian Studies, and director of the Committee on International Relations, all at the University of Chicago. He is a current member of the Committee of 100, the National Committee on U.S.-China Relations, and the China Committee of the City of Chicago Sister Cities Committee. He received his PhD from Princeton.

Table of Contents

List of Figures and Tables vii

Foreword xi

Acknowledgments xiii

Introduction Dali L. Yang Junyan Jiang 1

1 Economic Rebalancing and Adjustment

1 China's Response to the Global Crisis, and the Lessons Learned Barry Naughton 15

2 Guojin Mintui: The Global Recession and Changing State-Economy Relations in China Dali L. Yang Junyan Jiang 33

3 Visible Hand or Crippled Hand: Stimulation and Stabilization in China's Real Estate Markets, 2008-2010 Fubing Su Ran Tao 71

4 Global Crisis and China's Trade Adjustment Sarah Y. Tong 101

2 State-Society Relations and Governance

5 Slowdown in the World's Workshop?: Chinese Labor and the Global Recession William Hurst 117

6 Public Goods and State-Society Relations: An Impact Study of China's Rural Stimulus Ethan Michelson 131

7 The Role of Legal Institutions in Dealing with the Financial Crisis in China Xianchu Zhang 159

8 Corruption, Local Protectionism, and the Global Recession in China Andrew Wedeman 179

9 China's Rising Appeal to Taiwan and Hong Kong in the Wake of the Global Recession Joseph T. S. Cheng 199

10 The China Model and the Global Recession: A Historical Comparison Ming Wan 223

Selected Bibliography 243

List of Contributors 253

Index 257

Editorial Reviews

'This book is by far the best treatment of trends within the Chinese political economy since 2008. Looking through many functional lenses (business, politics, law, trade, administration, and others), it documents a trend of 'the state advancing and private people retreating' (guojin mintui) that has reversed an opposite trend during earlier eras of reform in China. Most readers in the West do not yet know what a sharp change this has been. This is the book that will tell them.'

Lynn White, professor of Politics and International Affairs, Woodrow Wilson School of Public and International Affairs, Princeton University

From the Publisher