Selling China

Foreign Direct Investment during the Reform Era

AvYasheng Huang

Häftad, Engelska, 2005

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Beskrivning

In this book, Yasheng Huang makes a provocative claim: the large absorption of foreign direct investment (FDI) by China is a sign of some substantial weaknesses in the Chinese economy. The primary benefits associated with China's FDI inflows are concerned with the privatization functions supplied by foreign firms, venture capital provisions to credit-constrained private entrepreneurs, and promotion of interregional capital mobility. Huang argues that one should ask why domestic firms cannot supply the same functions. China's partial reforms, while successful in increasing the scope of the market, have so far failed to address many allocative inefficiencies in the Chinese economy.

Produktinformation

Utgivningsdatum:2005-01-10
Mått:153 x 228 x 30 mm
Vikt:543 g
Format:Häftad
Språk:Engelska
Serie:Cambridge Modern China Series
Antal sidor:406
Förlag:Cambridge University Press
ISBN:9780521608862

Utforska kategorier

Ekonomisk politik inom Ekonomi och Ledarskap
Ekonomisk historia inom Ekonomi och Ledarskap
Finansiering inom Ekonomi och Ledarskap

Mer om författaren

Yasheng Huang is Associate Professor at the Sloan School of Management, Massachusetts Institute of Technology. He formerly taught at the Harvard Business School. Professor Huang is also the author of Inflation and Investment Controls in China (Cambridge, 1996). He is a recipient of the Social Science Research Council - McArthur Foundation Fellowship.

Recensioner i media

'Professor Huang is fast becoming one of the most influential voices in the American academy on the subject of the Chinese economy. This is a book that will have a major impact on scholars and indeed on investors, and maybe even on China itself. It will surely change the way that contemporary Chinese political economy is studied and taught in universities.' William Kirby, Harvard University

Innehållsförteckning

List of tables and figures; List of abbreviations; Synopsis of the book; Preface; 1. Introduction; 2. An analytical framework; 3. Problems in China's corporate sector; 4. Constraints on nonstate firms and foreign direct investment; 5. State-owned enterprises and insolvency-induced foreign direct investment; 6. Economic fragmentation and foreign direct investment; 7. Conclusion; Bibliography; Index.