Chinas Uneven and Combined Development by Steven Rolf (English) Paperback Book

Description: Chinas Uneven and Combined Development by Steven Rolf Fear of geopolitical catastrophe drove China to open its economy, while GPNs enabled China to generate substantial export surpluses which could be recycled through state-owned banks as cheap credit and subsidies to large, vertically integrated and politically-controlled state-owned enterprises. FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description This book mobilises the theory of uneven and combined development to uncover the geopolitical economic drivers of Chinas rise. The purpose is to explain the formation and trajectory of its economic accumulation system — which remains a confounding hybrid of statist and neoliberal forms of capitalism — as the outcome of Chinas geopolitical engagement of the USA during the late stages of the Cold War, and its participation in manufacturing global production networks (GPNs). Fear of geopolitical catastrophe drove China to open its economy, while GPNs enabled China to generate substantial export surpluses which could be recycled through state-owned banks as cheap credit and subsidies to large, vertically integrated and politically-controlled state-owned enterprises. In this way, a synergy emerged between the neoliberal and Keynesian-Fordist sectors of the economy, while the national-territorial state retained its form and expanded its functions. The book chronicles how this reliance on export surpluses, however, rendered China extremely vulnerable to external shocks — prompting a dramatic monetary and fiscal stimulus response to the crisis of 2008, even while sustaining the illusion of economic decoupling from the global economy. Finally, it examines the growing role of the state in the current crisis-ridden economic model, as well as Chinas current geoeconomic and geopolitical expansionism in areas such as the Belt and Road Initiative and the militarisation of the East and South China Seas. Back Cover This book mobilises the theory of uneven and combined development to uncover the geopolitical economic drivers of Chinas rise. The purpose is to explain the formation and trajectory of its economic accumulation system -- which remains a confounding hybrid of statist and neoliberal forms of capitalism -- as the outcome of Chinas geopolitical engagement of the USA during the late stages of the Cold War, and its participation in manufacturing global production networks (GPNs). Fear of geopolitical catastrophe drove China to open its economy, while GPNs enabled China to generate substantial export surpluses which could be recycled through state-owned banks as cheap credit and subsidies to large, vertically integrated and politically-controlled state-owned enterprises. In this way, a synergy emerged between the neoliberal and Keynesian-Fordist sectors of the economy, while the national-territorial state retained its form and expanded its functions. The book chronicles how this reliance on export surpluses, however, rendered China extremely vulnerable to external shocks -- prompting a dramatic monetary and fiscal stimulus response to the crisis of 2008, even while sustaining the illusion of economic decoupling from the global economy. Finally, it examines the growing role of the state in the current crisis-ridden economic model, as well as Chinas current geoeconomic and geopolitical expansionism in areas such as the Belt and Road Initiative and the militarisation of the East and South China Seas. Steven Rolf is ESRC Research Fellow at the Digital Futures at Work Research Centre, based at the University of Sussex, UK. He has previously worked at the University of Bristol, Aston University, and Birkbeck, University of London. He has also held visiting positions at City University Hong Kong and UCLA, USA. Author Biography Steven Rolf is ESRC Research Fellow at the Digital Futures at Work Research Centre, based at the University of Sussex, UK. He has previously worked at the University of Bristol, Aston University, and Birkbeck, University of London. He has also held visiting positions at City University Hong Kong and UCLA, USA. Table of Contents Chapter 1: Introduction: China shakes the world-system.- Chapter 2: Uneven and combined development and the capitalist states-system.- Chapter 3: From varieties of capitalism to uneven and combined development: a new perspective.- Chapter 4: Chinas boom (I): The geopolitical economy of reform and opening, 1978-2000.- Chapter 5: Chinas boom (II): Making the leap, 2001-2008.- Chapter 6: The rebalancing fallacy: 2008 and its aftermath.- Chapter 7: The state resurgent.- Chapter 8: Conclusion: China cracks the whip: The externalisation of Chinas political economy Feature Outlines how Chinas participation in manufacturing global production networks was shaped by geopolitical conflict and strategy Chronicles how Chinas reliance on export surpluses prompted a dramatic monetary and fiscal stimulus response to the crisis of 2008 Examines the current crisis-ridden economic model and geoeconomic and geopolitical activities such as the Belt and Road Initiative and the militarisation of the East and South China Seas Details ISBN3030555615 Author Steven Rolf Pages 264 Series Studies in the Political Economy of Public Policy Language English Year 2021 ISBN-10 3030555615 ISBN-13 9783030555610 Format Paperback DEWEY 330.951 Publisher Springer Nature Switzerland AG Edition 1st Imprint Springer Nature Switzerland AG Place of Publication Cham Country of Publication Switzerland Publication Date 2021-10-16 UK Release Date 2021-10-16 Illustrations 12 Illustrations, color; 1 Illustrations, black and white; XVII, 264 p. 13 illus., 12 illus. in color. Edition Description 1st ed. 2021 Alternative 9783030555580 Audience Professional & Vocational We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:135428388;

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