China S Reforms And International Political Economy

Written by an international team of experts, this important and interesting text gives vital insights into China's likely development and international influence in the next decade.

This book examines the processes, evolution and consequences of China’s rapid integration into the global economy. Through analyses of Beijing’s international economic engagement in areas such as trade, investment, finance, sustainable development and global economic governance, it highlights the forces shaping China’s increasingly prominent role in the global economic arena. Chapters explore China’s behavior in global economic governance, the interests and motivations underlying China’s international economic initiatives and the influence of politics, including both domestic politics and foreign relations, on the country’s global economic footprint.

This book examines the evolution of international political economy (IPE) as a field of study in China, detailing the evolving boundaries and the content of the field. It surveys how the key themes in IPE, such as the conceptualization of power at the global level, the question of international order and international organization, the state and globalization, money and finance, and the source of ideas and ideational innovation, have been debated in Chinese IPE in comparison to the foundational works of the West. The contributions map the genesis of the field inside China and the core characteristics of Chinese IPE, consider the limits of the development of the field in China, and identify the contributions which Chinese IPE can make to the global development of IPE. Each piece in this collection is co-authored by a prominent PRC scholar residing in China, and a distinguished ‘foreign’ scholar. The co-authors together highlight what they think are the core Chinese concerns of IPE in a particular area, and suggest what this understanding adds to the global discussion. This book was originally published as a special issue of the Review of International Political Economy.

This book looks back to 40 years ago for the whole history of China’s reform and opening-up and focuses on the role change of China in the relationship with outside world. In the first half part, the author explores China’s economic reform and opening-up policy from theoretical analysis and systematic interpretation. In the second part, the author aims to present how China’s international roles have changed in recent years and the Chinese appeal and purpose of participating in and improving global governance procedure. The author answers the question of why China has obtained miraculous achievements after its reform and opening-up from academic perspective and provides representative cases with profound but not obscure theoretical interpretation. It is a must-read for anyone who is interested in contemporary China’s economy and foreign affairs.

China in the Global Political Economy considers one of the most pressing issues of the Twenty-First century: the relationship between domestic configurations of power and globalized production processes in shaping the process and implications of China's re-engagement with the global economy.

This volume is divided into: World and China Economy, Chinese Diplomacy, International Strategies. In an era when world order is undergoing reformations, it provides scholars in the English-speaking world with a window to understand the perspectives of the Chinese academia.

China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.

This volume is about the political economy of Deng Xiaoping's Nanxun (tour of South China), which was the most critical phase in China's reform and development since 1978. The first round of Deng's reform resulted in high growth through the 1980s. However, it created a messy half-reformed economy with many problems, including the Tiananmen incident. The immediate aftermath of the Tiananmen was collapse of economic growth and reform deadlock. To break out from this low-level “reform-growth trap”, Deng decided to launch the Nanxun, not just to reignite the reform but also to complete China's march towards a market economy. Looking back, the Nanxun led to the most crucial reform breakthrough, which, in turn, sparked off a dynamic reform-growth-nexus for China's eventual economic take-off. The chapters in this volume were originally “policy reports” on China, meant for the Singapore government. These reports were written based on the information available at that time, and reflected the prevailing political mood. Each chapter is accompanied by a detailed introduction that is aimed at providing a broad background for readers to better understand the Nanxun period. The introduction also serves as a post-evaluation of the events based on new information, and shows how those events have evolved over the years. In combination, these chapters should piece together a reasonably realistic picture of the basic politics and economics of the crucial Nanxun period. Contents:IntroductionBackground Chapters:China's Per-Capita GNP at the Beginning of Economic ReformChina's Entrepreneurial Approach to Economic ReformThe Politics and Economics of Deng's Nanxun:The 7th Party Plenum 1990 and the Continuing Post-Tiananmen Political Stalemate Over ReformWhat is in the Surname, She or Zi: The Post-Tiananmen Ideological DiscordEconomic Upsurge in 1992: An Immediate Nanxun EffectWhat has China Accomplished in Economic Reform in 1994?Soft-Landing of the Economy in 1995: The Nanxun's ClimaxChina's Ninth Five-Year Plan, 1996–2000Agricultural and Rural Development:The Quiet Industrial Revolution in the Chinese Countryside: Township and Village Enterprises (TVEs)Why Deng was So Concerned About AgricultureForeign Trade and Investment:Progress in Foreign Trade ReformChina and the GATTChina and the World Trade OrganizationSoutheast Asian Ethnic Chinese Investing in China Readership: Academics, professionals, policy makers, undergraduate and graduate students interested in China's economic development, China's reform and the open-door policy. Keywords:Deng Xiaoping's Reform and Open-Door Policy;Nanxun;Reform-Growth-Nexus;Tiananmen Incident;7th Party Plenum;Reform Stalemate;Socialist Market Economy;GATT;WTO;Tax Reform;Foreign Exchange Reform;TVEsReviews: “John Wong's approach is pragmatic as well as empirical and policy-oriented. This makes his book highly readable for scholars and students in disciplines neighboring the economics profession. It also makes the book accessible to policy makers and the informed public. The book gives an excellent example of informed analysis of China's economic development issues written at a crucial turning point in the country's reform and development trajectory. The introduction and the abstract introducing each chapter provide new value-added information and insight. In sum, this book is a must for anyone interested in contemporary China's political economy.” Journal of Economics and Political Economy