Since the global financial crisis of 2008-9, central-level, state-owned enterprises (SOEs) in China have extended their reach into the Chinese economy. Some have interpreted this development as a turning point in Chinese economic development; a decision for state capitalism and a stand against slow but steady marketization. In The Advance of the State in Contemporary China, Sarah Eaton suggests that the shift is a much slower-moving process and that this particular aspect of state sector reform can be seen to predate the financial crisis. She argues that the 'advance of the State' has in fact developed incrementally from an eclectic set of ideas regarding the political and economic significance of large and profitable state-controlled enterprise groups. Drawing from case studies of China's telecommunication services and airline reforms, this fascinating new study offers illuminating insight into China's much-vaunted, but poorly understood, brand of state capitalism.
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This book traces the evolution of China's economic development through an analysis of state-market relations in the reform era. Drawing from case studies in China's telecommunication services and airline services, it offers an illuminating insight into China's much-vaunted, but poorly understood, brand of state capitalism.About the Author:
Sarah Eaton currently holds a post in Germany as Professor of Modern Chinese Society and Economy at the University of Göttingen, where her teaching and research focuses on contemporary Chinese political economy. Prior to this, she was an Associate Professor of Chinese Political Economy at the University of Oxford's School of Interdisciplinary Area Studies, where she taught in the Contemporary China Studies Master's programme. At Oxford, she was also a Fellow of Lady Margaret Hall. She is also a past Assistant Professor in the Department of Political Science at the University of Waterloo and a Social Sciences and Humanities Research Council (SSHRC) Postdoctoral Fellow at the University of Oxford. During her doctoral studies at the University of Toronto's Department of Political Science, she was the recipient of a SSHRC Canada Graduate Scholarship.
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