Capitalism with Chinese Characteristics : Entrepreneurship and the State

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Author(s): Yasheng Huang
Publisher: Cambridge University Press
Year: 2008

Language: English

Cover
Half-title
Title
Copyright
Dedication
Contents
Preface
A Detailed Synopsis of the Book
ONE Just How Capitalist Is China?
1 Just How Capitalist Is China?
1.1 How Large Is the Chinese Private Sector?
1.2 Has the Policy Environment Improved for China's Private Sector?
2 Getting the China Story Right
2.1 Making Inferences vis-`a-vis Making Direct Observations about Policies and Institutions
2.2 Getting the China Story Right
3 The Outline of the Book
APPENDIX
A.1 NBS Datasets on Industrial Enterprises
A.2 China's Fixed-Asset Investments
A.3 Ownership Classifications
A.4 Complications and Definitional Issues in the Fixed-Asset Investment Data
TWO The Entrepreneurial Decade
1 The True China Miracle
1.1 The Rural Origins of Chinese Capitalism
1.2 The Scale of Rural Entrepreneurship
1.3 Rural but not Agricultural
1.4 Rags-to-Riches Entrepreneurship
2 What Exactly Is a TVE?
2.1 What Is a TVE?
2.2 How Large Were Private TVEs?
2.3 Virtuous Capitalism
3 "Nothing but Revolutionary Reforms"
3.1 Moving Away from the Status Quo Ante
3.2 Creating Policy Credibility
3.3 Security of Proprietors vis-a-vis Security of Property
3.4 Getting the Incentives Right
3.5 Microeconomic Flexibility
4 Conclusion
APPENDIX
A.1 TVE Semantics and Data
A.2 Surveys of Private Business
THREE A Great Reversal
1 A Tale of Two Decades
1.1 A Reversal of Fortunes
1.2 From Entrepreneurs to Laborers
2 What Happened to the TVEs?
2.1 The Downfall of the TVEs
2.2 TVE Privatization
2.3 The Resurgence of Collective TVEs
3 The Great Financing Squeeze
3.1 The Poor State of Rural Finance
3.2 Financial Liberalization in the 1980s
3.3 The Financing Repression of the 1990s
4 The Power of the Chinese State
4.1 The Three Rural Crises
4.2 A Political Reversal
4.3 An Industrial Policy State
5 Conclusion
FOUR What Is Wrong with Shanghai?
1 Is There A Shanghai Miracle?
1.1 Welfare and GDP
1.2 Is Shanghai Poor?
1.3 Is Shanghai Rich?
1.4 Jobless Growth
1.5 Is Shanghai Innovative?
2 Missing Entrepreneurship in Shanghai
2.1 Single Proprietorship in Shanghai
2.2 Where Are Shanghai's Firms?
2.3 Does It Matter?
3 Understanding the Shanghai Model
3.1 The Very Visible Hand of the State
3.2 The Consummate Urban China
3.3 For Whom Does the Door Open?
4 Conclusion
APPENDIX
A.1 Statistical Findings on Entrepreneurial Underdevelopment in Shanghai
A.2 Did Shanghai Get a Rotten Deal?
FIVE Capitalism with Chinese Characteristics
1 Does It Matter?
1.1 Social Opportunities
1.2 Welfare and GDP Growth
1.3 Equity
2 The Other Path
2.1 The Zhejiang Model
2.2 The Indian Model
3 Capitalism with Chinese Characteristics
3.1 Commanding Heights
3.2 How East Asian Is China?
3.3 The Grabbing Hand of the State
4 China's Prospects
4.1 Is China's Growth Sustainable?
4.2 The Matching Problems
4.3 Emerging Risks
Notes
Chapter 1: Just How Capitalist Is China?
Chapter 2: The Entrepreneurial Decade
Chapter 3: A Great Reversal
Chapter 4:What IsWrong with Shanghai?
Chapter 5: Capitalism with Chinese Characteristics
Bibliography
Index