||6 of 9 people found the following review helpful.| Credible, Important, but Still Unclear|By Loyd Eskildson|FDI, as a percentage of GDP, in China dwarfs that of other developing countries.Yet, few understand how China's economy works; many believe it is fundamentally a minor modification of Western or Asian free enterprise. That fact that Chinese sources are often vague in describing how it works doesn't help.
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Today's China is governed by a new economic model that marks a radical break from the Mao and Deng eras; it departs fundamentally from both the East Asian developmental state and its own Communist past. It has not, however, adopted a liberal economic model. China has retained elements of statist control even though it has liberalized foreign direct investment more than any other developing country in recent years. This mode of global economic integration reveals much...
[PDF.ra73] China's Regulatory State: A New Strategy for Globalization (Cornell Studies in Political Economy) Rating: 3.63 (446 Votes)
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