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Contagious Capitalism
Contagious Capitalism
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A01=Mary Elizabeth Gallagher
Arbitration
Author_Mary Elizabeth Gallagher
Bankruptcy
Budget constraint
Cambridge University Press
Capitalism
Category=KCF
Chairman
China
Chinese economic reform
Collective bargaining
Communist state
Competition (economics)
Competitiveness
Corporatism
Corruption
Democratization
Deng Xiaoping
Developed country
Developmental state
Developmentalism
Economic development
Economic growth
Economic integration
Economics
Economy
Economy of China
Employment
Entrepreneurship
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Foreign direct investment
Foreign ownership
Globalization
Ideology
Industrial relations
Industrialisation
Institution
Investment
Investor
Iron rice bowl
Job security
Joint venture
Labor disputes
Labor relations
Labour law
Liberalization
Management
Market economy
Mergers and acquisitions
Overseas Chinese
Ownership
Political economy
Politics
Private sector
Privatization
Regulation
Requirement
Salary
Skilled Labor
Socialist economics
Socialist state
Special economic zone
State ownership
State socialism
State-owned enterprise
Subsidiary
Trade union
Unemployment
Wage
Welfare
Workforce
World economy
World Trade Organization
Product details
- ISBN 9780691130361
- Weight: 369g
- Dimensions: 152 x 235mm
- Publication Date: 08 Apr 2007
- Publisher: Princeton University Press
- Publication City/Country: US
- Product Form: Paperback
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 several 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 dichotomy and toward a nationalist concern for the fate of Chinese industry.
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.
Mary Elizabeth Gallagher is Assistant Professor of Political Science at the University of Michigan, Ann Arbor. She is also a faculty associate of the Center for Chinese Studies and the Institute for Labor and Industrial Relations.
Contagious Capitalism
€40.99
