Changing lanes in China : foreign direct investment, local governments, and auto sector development / Eric Thun.

Format:

Book

Author/Creator:

Thun, Eric, 1968- author.

Language:

English

Subjects (All):

Automobile industry and trade--Government policy--China.

Automobile industry and trade.

Investments, Foreign--Government policy--China.

Investments, Foreign.

Industrial policy--China.

Industrial policy.

Regional planning--China.

Regional planning.

Physical Description:

1 online resource (xvii, 326 pages) : digital, PDF file(s).

Place of Publication:

Cambridge : Cambridge University Press, 2006.

Language Note:

English

Summary:

This book addresses two of the most important trends in political economy during the last two decades - globalization and decentralization - in the context of the world's most rapidly growing economic power, China. The intent is to provide a better understanding of how local political and economic institutions shape the ability of Chinese state-owned firms to utilize foreign direct investment (FDI) to remake themselves in the transition from inefficient and technologically backward firms into powerful national champions. In a global economy, the author argues, local governments are increasingly the agents of industrial transformation at the level of the firm. Local institutions are durable over time, and they have important economic consequences. Through an analysis of five Chinese regions, the treatment seeks to specify the opportunities and constraints that alternative institutional structures create, how they change over time, and ultimately, how they prepare Chinese firms for the challenge of global competition.

Contents:

Introduction

Local governments, FDI, and industrial development

The view from the center

Development in a protected market

Coordinating development in the auto sector

Shanghai: a local developmental state

Beijing and Guangzhou: laissez-faire local states

Changchun and Wuhan: firm-dominated localities

Deepening global integration

Global integration and the challenge of upgrading

Growth, change, and the challenge of governance

Conclusion

Local institutions in a global economy.

Notes:

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Includes bibliographical references (p. 295-312) and index.

ISBN:

1-107-15182-1

1-280-43143-1

9786610431434

0-511-18345-3

0-511-13719-2

0-511-20141-9

0-511-30890-6

0-511-61073-4

0-511-13502-5

OCLC:

71366648