Considers the 'late industrialisation' of China, showing how government policies have encouraged the development of 120 'national champions' (akin to Japanese keiretsu and South Korean chaebol ), how these 'national champions' compete with multinational enterprises, and how China's rapid and successful 'late industrialisation' does not fit orthodox economic theories. The book provides a detailed illustration of these wider issues with a case study of the auto industry.
Author(s): Dyla Sutherland
Edition: 1
Year: 2003
Language: English
Pages: 200
Book Cover......Page 1
Title......Page 4
Contents......Page 5
List of figures......Page 8
List of tables......Page 9
Preface......Page 10
List of abbreviations......Page 14
Introduction......Page 16
Competing development paradigms......Page 18
Large enterprises and development......Page 20
Large enterprises, development paradigms and China......Page 25
China's large industrial enterprises......Page 35
Economic growth and the large-scale sector......Page 36
Competing development paradigms and China......Page 47
Conclusions......Page 51
The national team of enterprise groups......Page 54
Origins of the national team......Page 55
Pillar industries and an evolving industrial policy......Page 63
Policies to 'grasp the large'......Page 66
Conclusions......Page 78
List and description of trial groups: Table 3.4......Page 81
The national team and the business revolution......Page 107
A business revolution?......Page 109
Global consolidation and the national team......Page 113
Conclusions......Page 122
The national team in international comparative perspective: the auto industry......Page 125
The global auto industry......Page 126
The national team and China's auto industry......Page 137
Conclusions......Page 148
Conclusions......Page 151
China, large enterprises and the global business revolution......Page 152
Theory and policy lessons......Page 157
Appendices......Page 163
Extending the 'grasp the large policy'......Page 166
Spread of policy to lower levels......Page 168
Appended key policy documents......Page 170
Global market shares of various business activities......Page 179
Notes......Page 185
Bibliography......Page 192
Index......Page 196
