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Changing Lanes in China

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

$114.99 (C)

  • Date Published: January 2006
  • availability: In stock
  • format: Hardback
  • isbn: 9780521843829

$114.99 (C)
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  • This book addresses two of the most important trends in political economy during the last two decades--globalization and decentralization--in the context of the world's most rapidly growing economic power. The development of the Chinese auto industry is a classic example of China's efforts to re-make inefficient and technologically backward Chinese firms into powerful national champions, and it is an industry on which many of the world's most powerful multinationals have staked their future. The intent of the book is to provide a better understanding of how local political and economic institutions shape the ability if Chinese state-owned firms to effectively utilize foreign direct investment (FDI), and how these institutions shape the prospects of foreign investment. In a global economy, the author argues, local governments are increasingly the agents of industrial transformation at the level of the firm. Local institutions are durable over time, and they have important economic consequences. Through an analysis of five Chinese regions, the book seeks to specify the opportunities and constraints that alternative institutional structures create, how they change over time, and ultimately, how they prepare Chinese firms for the challenge of global competition.

    • Accessible analysis of auto industry and process of globalization in China, world's fastest growing economy
    • First book length treatment of Chinese auto industry in over a decade
    • Will appeal to audiences in political science, economics, international and East Asian studies
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    Reviews & endorsements

    "Changing Lanes in China is a valuable contribution to understanding the role of the state, especially the local state, in industrial development." Administrative Science Quarterly

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    Product details

    • Date Published: January 2006
    • format: Hardback
    • isbn: 9780521843829
    • length: 344 pages
    • dimensions: 235 x 160 x 27 mm
    • weight: 0.601kg
    • availability: In stock
  • Table of Contents

    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.

  • Instructors have used or reviewed this title for the following courses

    • Comparative Politics & Reform China
    • The Political Economy of China
  • Author

    Eric Thun, University of Oxford
    Eric Thun teaches at the University of Oxford, where he is the Peter Moores University Lecturer in Chinese Business Studies at the Saïd Business School and a Fellow of Brasenose College. He formerly served as Assistant Professor of Politics and International Affairs at Princeton University's Woodrow Wilson School. He holds a Ph.D. from Harvard University and was a post-doctoral Fellow at the M.I.T. Industrial Performance Center.

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