Changing Lanes in China: Foreign Direct Investment, Local Governments, and Auto Sector Development
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Changing Lanes in China: Foreign Direct Investment, Local Governments, and Auto Sector Development

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ISBN-13:
9780521843829
Einband:
Buch
Erscheinungsdatum:
01.01.2006
Seiten:
326
Autor:
Eric Thun
Gewicht:
594 g
Format:
235x164x27 mm
Sprache:
Englisch
Beschreibung:

Addresses two of the most important trends in political economy - globalization and decentralization - in the context of the world's most rapidly growing economic power, China. The work provides an understanding of how local political and economic institutions shape the ability of Chinese state-owned firms to utilize Foreign Direct Investment.
Part I. Introduction: 1. Local governments, FDI, and industrial development; 2. The view from the center; Part II. Development in a Protected Market: 3. Coordinating development in the auto sector; 4. Shanghai: a local development state; 5. Beijing and Guangzhou: laissez-faire local states; 6. Changchun and Wuhan: firm-dominated localities; Part III. Deepening Global Integration: 7. Global integration and the challenge of upgrading; 8. Growth, change, and the challenge of governance; Part IV. Conclusion: 9. Local institutions in a global economy.
The primary purpose of the book is to understand how China has used foreign investment to promote local development. It uses the case studies of five Chinese regions that have joint venture projects in the auto industry. The analysis covers two decades, both before and after Chinese accession to the World Trade Organization, and is based on hundreds of interviews. The auto industry provides a window into the strategies of the global multinationals that seek access to the vast Chinese market - companies such as Volkswagen, General Motors, and Honda.