State-Market Interactions in Chinas Reform Era: Local State Competition and Global Market Building in the Tobacco Industry (Routledge Contemporary China Series)

Wang, Junmin

ISBN 10: 0415506948 / ISBN 13: 9780415506946

Published by Routledge, 2012

About this Item

Dispatched, from the UK, within 48 hours of ordering. This book is in mint condition. Both the pages and the cover are completely intact, without zero sign of previous usage.

Seller Inventory # CHL7485081

Bibliographic Details

• Title: State-Market Interactions in Chinas Reform Era: Local State Competition and Global Market Building in the Tobacco Industry (Routledge Contemporary China Series)
• Publisher: Routledge
• Publication Date: 2012
• Language: English
• ISBN 10: 0415506948
• ISBN 13: 9780415506946
• Binding: Hardcover
• Condition: Used; Like New

About this title

Synopsis

China today has the largest communist political regime and one of the most dynamic, fastest-growing, and largest economies in the world. Using a case study of China’s tobacco industry, this book analyses how the Chinese government was able to cultivate big state-owned firms that have successfully embraced the global market.

The success of the Chinese economy and the many state-owned firms within it have given rise to a "Beijing Consensus," challenging almost every principle enshrined in the so-called "Washington Consensus" that espouses private ownership, free markets, and democracy. By examining two important political processes in contemporary China, ‘local state competition’ and ‘global-market building’, the book argues that the first process serves as a crucial basis for the second. It illustrates how the local governments involved themselves in building and shaping the tobacco market throughout the 1980s and 1990s, and how these domestic market dynamics created conditions for China’s recent embrace of the international market.

Offering an in-depth exploration of the political-economic processes in a key Chinese state industry, the book emphasizes that the key to understanding China’s political transition is to look at how the state has been shaped by its market-building projects both domestically and globally. It presents an important contribution to studies on Chinese Business and International Political Economy.

About the Author

Junmin Wang is Assistant Professor of Sociology at the University of Memphis, USA.