Varieties of State Regulation

How China Regulates Its Socialist Market Economy

Yukyung Yeo

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English

Harvard Uni.Press Academi
13 October 2020

History; Political science & theory; International economics; Political economy

Series: Harvard East Asian Monographs

In Varieties of State Regulation, Yukyung Yeo explores how, despite China's increasing integration into the global market, the Chinese central party-state continues to oversee the most strategic sectors of its economy. Since the 1990s, as major state firms were spun off from the ministries that managed them under the central planning system, the nature of the state in governing the economy has been remarkably transformed into that of a regulator.

Based on over a hundred interviews conducted with Chinese central and local officials, firms, scholars, journalists, and consultants, the book demonstrates that the form of central state control varies considerably across leading industrial sectors, depending on the dominant mode of state ownership, conception of control, and governing structure. By analyzing and comparing institutional dynamics across various sectors, Yeo explains variations in the pattern of China's regulation of its economy. She contrasts the regulation of the automobile industry, a relatively decentralized sector, with the highly-centralized telecommunications industry, and demonstrates how China's central party-state maintains regulatory authority over key local state-owned enterprises. Placing these findings in historical and comparative contexts, the book presents the evolution and current practice of state regulation in China and examines its compatibility with other contemporary government practices.

By: Yukyung Yeo
Imprint: Harvard Uni.Press Academi
Country of Publication: United States
Dimensions: Height: 229mm, Width: 152mm,
ISBN: 9780674247864
ISBN 10: 0674247868
Series: Harvard East Asian Monographs
Pages: 220
Publication Date: 13 October 2020
Audience: Professional and scholarly , Professional and scholarly , Undergraduate , Undergraduate
Format: Hardback
Publisher's Status: Active

Yukyung Yeo is Associate Professor at the College of International Studies at Kyung Hee University.