
The economic and geopolitical implications of China's rise have been the subject of vast commentary. However, the institutional implications of China's transformative development under state capitalism have not been examined extensively and comprehensively. Regulating the Visible Hand? The Institutional Implications of Chinese State Capitalism examines the domestic and global consequences of Chinese state capitalism, focusing on the impact of state-owned enterprises on regulation and policy, while placing China's variety of state capitalism in comparative perspective. It first examines the domestic governance of Chinese state capitalism, looking at institutional design and regulatory policy in areas ranging from the environment and antitrust to corporate law and taxation. It then analyses the global consequences for the regulation of trade, investment and finance. Contributors address such questions as: What are the implications of state capitalism for China's domestic institutional trajectory? What are the global implications of Chinese state capitalism? What can be learned from a comparative analysis of state capitalism?
This volume investigates how China's unique model of state capitalism reshapes domestic institutional frameworks and influences global regulatory standards. Editors Benjamin L. Liebman and Curtis J. Milhaupt, both distinguished scholars in law and Chinese studies, curate a collection of essays that analyze the intersection of state-owned enterprises, regulatory policy, and international market integration. The authors argue that the Chinese state's pervasive role in the economy creates specific friction points within existing global trade and legal systems, necessitating a re-evaluation of how international institutions interact with non-market economies.
What You Will Find
Scope Limits
Experts identify this work as a rigorous contribution to the study of comparative institutional economics and international law. Readers frequently note the academic density of the prose, which is tailored for scholars and policy analysts interested in the structural mechanics of the Chinese economy.
Page Count:
480
Publication Date:
2015-11-16
Publisher:
Oxford University Press
ISBN-10:
0190250259
ISBN-13:
9780190250256
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