The future of Chinese capitalism / Gordon Redding and Michael A. Witt.

Format:

Book

Author/Creator:

Redding, S. G.

Contributor:

Witt, Michael A.

Sabin W. Colton, Jr., Memorial Fund.

Language:

English

Subjects (All):

Capitalism--China.

Capitalism.

China.

China--Economic policy.

Economic policy.

Physical Description:

viii, 265 pages : illustrations ; 24 cm

Place of Publication:

Oxford ; New York : Oxford University Press, 2007.

Summary:

Much has been said about the re-emergence of China to its historical position of eminence in the world economy, yet little is understood about the kind of economic system China is evolving. What are the rules of the game of business in today's China, and how are they likely to change over thenext decades? The answers to these questions are crucial to business persons formulating strategy toward China, but also for policy-makers concerned with retaining the competitiveness of their nations in the face of Chinese competition and for researchers seeking to gain deeper insights into theworkings of economic systems and institutional change.Written by two leading experts in the field, this book sheds much-needed light on these questions. Building on recent conceptual and empirical advances, and rich in concrete examples, it offers a comprehensive and systematic exploration of present-day Chinese capitalism, its component parts, andtheir interdependencies. It suggests that Chinese capitalism, as practiced today, in many respects represents a development from traditional business practices, whose revival has been greatly aided by the influx of investments and managerial talent from the Regional Ethnic Chinese. On the basis ofpresent trends in the Chinese economy as well as through comparison with four major types of capitalism-those of Germany, Japan, Korea, and the United States-the book derives a prediction of the probable development paths of Chinese capitalism and its likely competitive strengths andweaknesses.

Contents:

Another miracle?

Describing business systems

Escape from history?

The legacies of history

The regional ethnic Chinese in business

The state-owned enterprises

From collectives to local corporates

The private sector

Introduction to the comparative chapters

United States

Japan

Germany

South Korea

The future of Chinese capitalism.

Notes:

Includes bibliographical references and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the Sabin W. Colton, Jr., Memorial Fund.

ISBN:

9780199218134

0199218137

OCLC:

154309343