There is now a vast and still rapidly expanding literature of scholarly studies on the Chinese experience of economic growth and systemic transformation over the past 16 years. By and large, most of the studies tend to conceptualize the experience as a process of transition to the market economy. This position applies to even the moderate, evolutionary economists, who, thanks to the overwhelming evidence of the heterodox nature of the experience, have seemd to outcompete outright free-market advocates and have dominated the literature. In contrast to the market-centred orthodoxy, this book develops an alternative interpretation that is in the tradition of the late industrialization literature. Based on a wealth of evidence and well-articulated theoretical arguments, it submits that the outstanding performance of the Chinese economy during the period of 1978-94 was based on an appropriate combination of market and (non-market) institutional regulation.

Autorentext

D. Lo

Inhalt

List of Tables and Figures - Preface and Acknowledgements - Overview - PART 1: THEORETICAL ISSUES - Towards an Alternative Perspective on Systemic Transformation - PART 2: EXPLAINING CHINA - Chinese Industrialization in Structuralist Perspective - (Re)interpreting Chinese Enterprise Reform - Testing Alternative Explanations of Growth - PART 3: SECTOR STUDIES - The Electronics Industry: State Industrial Policy and Development - The Motor Industry: Institutional Reform and Development - Conclusions - Notes - Sources of Data - Bibliography - Index