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Selling China

Foreign Direct Investment during the Reform Era

Paperback Engels 2005 9780521608862
Verwachte levertijd ongeveer 9 werkdagen

Samenvatting

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.

Specificaties

ISBN13:9780521608862
Taal:Engels
Bindwijze:Paperback
Aantal pagina's:406

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Inhoudsopgave

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.

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        Selling China