Changing Lanes in China
Foreign Direct Investment, Local Governments, and Auto Sector Development
By (author) Eric Thun
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Changing Lanes in China by Eric Thun
Book DescriptionThis 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, China. The intent is to provide a better understanding of how local political and economic institutions shape the ability of Chinese state-owned firms to utilize foreign direct investment (FDI) to remake themselves in the transition from inefficient and technologically backward firms into powerful national champions. 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 treatment 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.
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Book DetailsISBN: 9780521724098
(228mm x 152mm x 21mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 10-Mar-2008
Country of Publication: United Kingdom
Books By Author Eric Thun
Changing Lanes in China, Hardback (January 2006)» View all books by Eric Thun
This book explains at the regional level how China has used foreign direct investment to promote local development.
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Author Biography - Eric Thun
Eric Thun teaches at the University of Oxford, where he is the Peter Moores University Lecturer in Chinese Business Studies at the Said 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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