The Global Recession and China's Political Economy [Hardcover]

In this volume, some of the leading scholars on China's development examine China's responses to the global financial crisis and their implications for China's economy, society, and the international balances of power.PART I: ECONOMIC REBALANCING AND ADJUSTMENT China's Response to the Global Crisis, and the Lessons Learned;?B.Naughton Guojin Mintui : The Global Crisis and Changing State-Economy Relations in China;?D.L.Yang ?J.Jiang Visible Hand or Crippled Hand: Stimulation and Stabilization in China's Real Estate Markets, 2008-2010;?F.Su ?R.Tao Global Crisis and China's Trade Adjustment;?S.Y.Tong PART II: STATE-SOCIETY RELATIONS AND GOVERNANCE Slowdown in the World's Workshop? Chinese Labor in the Global Recession;?W.Hurst Public Goods and State-Society Relations: An Impact Study of China's Rural Stimulus;?E.Michelson The Role of the Legal Institutions in Dealing with the Financial Crisis in China;?X.Zhang Corruption, Local Protectionism, and the Global Crisis in China;?A.Wedeman China's Rising Appeal to Taiwan and Hong Kong in the Wake of the International Financial Crisis;?J.Cheng The China Model and the Global Crisis: A Historical Comparison;?M.Wan

'This book is by far the best treatment of trends within the Chinese political economy since 2008. Looking through many functional lenses (business, politics, law, trade, administration, and others), it documents a trend of 'the state advancing and private people retreating' (guojin mintui) that has reversed an opposite trend during earlier eras of reform in China. Most readers in the West do not yet know what a sharp change this has been. This is the book that will tell them.'

Lynn White, professor of Politics and International Affairs, Woodrow Wilson School of Public and International Affairs, Princeton University

DALI L. YANG Professor in the Department of Political Science at the University of Chicago, USA. He is the author of Remaking the Chinese Leviathan: Market Trl–