Market visions: The interplay of ideas and institutions in Chinese financial restructuring

Political Studies

Volumn 52, Issue 4, 2004, Pages 643-663

  Steinfeld, Edward S ^a  

^a MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 11144335308     PISSN: 00323217     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1467-9248.2004.00501.x     Document Type: Article

References (107)

1. Alchian, A. and Demsetz, H. (1972) 'Production, Information Costs, and Economic Organization', American Economic Review, 62 (5), 777-95.
2. Amsden, A. (2001) The Rise of the Rest. New York: Oxford University Press.
3. Baglole, J. (2004) 'China's Bank Bailouts May Not Be Enough', Wall Street Journal Europe, 14 January.
4. Bates, R. (1981) Markets and States in Tropical Africa. Berkeley CA: University of California Press.
5. Beijing University CCER (China Center for Economic Research) Macroeconomics Group (1999) Hongguan zhengci tlaozheng yu jianchi shlchang auxiang. Beijing: Beijing University Press.
6. Beijing University CCER (China Center for Economic Research) (1999) 'Dangdai zhai zhuan gu mianling de zhuyao wentl', Jingji Shehui Tizhi Bijiao, 6, 18-28.
7. Berger, S. and Dore, R. (eds) (1996) National Diversity and Global Capitalism. Ithaca NY: Cornell University Press.
8. Berle, A. and Means, G. (1968) The Modern Corporation and Private Property. New York: Harcourt, Brace & World.
9. Bottelier, P. (2001) 'China's Domestic Debts', paper presented at the Conference on Financial Sector Reform in China, Harvard University, Cambridge MA, 11-13 September.
10. Boycko, M., Shleifer, A. and Vishny, R. (1995) Privatizing Russia. Cambridge MA: MIT Press.
11. Broadman, H. (2001) 'The Business(es) of the Chinese State', World Economy, 24 (7), 849-75.
12. Carruthers, B. and Halliday, T. (1998) Rescuing Business. Oxford: Oxford University Press.
13. Chandler, A. (1990) Scale and Scope. Cambridge MA: Harvard University Press.
14. Chandler, A. and Hikino, T. (1997) The Large Industrial Enterprise and the Dynamics of Modern Economic Growth', in A. Chandler, F. Amatori and T. Hikino (eds), Big Business and the Wealth of Nations. Cambridge: Cambridge University Press, pp. 24-57.
15. Christensen, C. (1997) The Innovator's Dilemma. Cambridge MA: Harvard Business School Press.
16. Claessens, C., et al. (eds) (2001) Resolution of Financial Distress: An International Perspective on the Design of Bankruptcy. Washington DC: World Bank.
17. Dickson, B. (2003) Red Capitalists in China. New York: Cambridge University Press.
18. Dobbin, F. (1994) Forging Industrial Policy. New York: Cambridge University Press.
19. Fang, X. (2001) 'Reconstructing the Micro-Foundation of China's Financial Sector', paper presented at the Conference on Financial Sector Reform in China, Harvard University, Cambridge MA, 11-13 September.
20. Fewsmith, J. (1999) 'China and the WTO: The Politics behind the Agreement', NBR Analysis, 10 (5).
21. Fewsmith, J. (2001) China since Tiananmen. New York: Cambridge University Press.
22. Fukuyama, F. (1995) Trust: The Social Virtues and the Creation of Prosperity. New York: Free Press.
23. Giles, J., Park, A. and Cai, F. (2003) 'How Has Economic Restructuring Affected China's Urban Workers?', paper submitted to the Journal of Economic Behavior and Organizations.
24. Green, S. (2003) China's Stockmarket: A Guide to Progress, Players, and Prospects. London: The Economist.
25. Gregory, N., Tenev, S. and Wagle, D. (2000) China's Emerging Private Enterprises: Prospects for the New Century. Washington DC: World Bank.
26. Guoji jinrong xiaoxi bao [International Financial News] (1998) 9 January.
27. Hall, P. (ed.) (1989) The Political Power of Economic Ideas. Princeton NJ: Princeton University Press.
28. Hall, P. and Soskice, D. (eds) (2001) Varieties of Capitalism. New York: Oxford University Press.
29. Hart, O. (2000) 'Different Approaches to Bankruptcy', Working Paper 7921, National Bureau of Economic Research, Cambridge MA.
30. Havrylyshyn, O. and McGettigan, D. (1999) 'Privatization in Transition Countries', Working Paper WP/99/6, International Monetary Fund, Washington DC.
31. Hayek, F. (1960) The Constitution of Liberty. London: Routledge.
32. Hirschman, A. (1963) Journeys toward Progress. Garden City NY: Doubleday.
33. Holland, T. and Lague, D. (2004) 'Wasteful Transfusion', Far Eastern Economic Review, 22 January.
34. Hong Kong Trade Development Council (2001) 'State Council Unveiled Rules for Sale of State Shares' (http://www.tdctrade.com/econforum/citi/010603.htm).
35. Hu, A. (1999) 'Kuaru xinshiji de zui da tiaozhan: wo guo jinru gaoshiye jieduan [The Greatest Challenge of the New Century: China Enters the Stage of High Unemployement], Chinese Academy of Sciences-Tsinghua University Joint Center for Chinese Studies.
36. Hu, F. (2004) 'Restarting China's Bank Reforms', Asian Wall Street Journal, 13 January.
37. Huang, Y. (2003) Selling China. New York: Cambridge University Press.
38. Hussain, A. (2000) 'Social Welfare in China in the Context of Three Transitions', Working Paper no. 66, Center for Research on Economic Development and Policy Reform, Stanford University.
39. Jackson, T. (1986) The Logic and Limits of Bankruptcy Law. Cambridge MA: Harvard University Press.
40. James, E. (2001) 'How Can China Solve Its Old Age Security Problem', Working Paper 15/01, Center for Research on Pensions and Welfare Policies, Moncalieri, Italy.
41. Keister, L. (1998) 'Engineering Growth: Business Group Structure and Firm Performance in China's Transition Economy', American Journal of Sociology, 104 (2), 404-40.
42. Keister, L. (2000) Chinese Business Groups: The Structure and Impact of Interfirm Relations during Economic Development. New York: Oxford University Press.
43. Kindleberger, C. (1996) Manias, Panics, and Crashes: A History of Financial Crises. New York: Wiley.
44. Kornai, J. (2000) 'Ten Years after "The Road to a Free Economy", paper presented at the World Bank Annual Bank Conference on Development Economics, Washington DC, 18-20 April.
45. Langlois, J. (2000) 'Taxing China's Banks into Oblivion', Wall Street Journal, 12 October.
46. La Porta, R., Lopez-de-Silanes, F., Shleifer, A. and Vishny, R. (1998) 'Law and Finance', Journal of Political Economy, 106 (6), 1113-55.
47. Lardy, N. (1998) China's Unfinished Economic Revolution. Washington DC: Brookings Institution.
48. Lardy, N. (2000) 'When Will China's Financial System Meet China's Needs?', paper presented at the Conference on Policy Reform in China, Stanford University, 18-20 November 1999 (revised February 2000).
49. Lin, J. (2004) 'Lessons of China's Transition from a Planned Economy to a Market Economy', Working Paper No. E2004001, China Center for Economic Research, Peking University.
50. Lin, J., Cai, F. and Li, Z. (1990) The China Miracle. Hong Kong: Chinese University Press.
51. Lo, D. (1997) Market and Institutional Regulation in Chinese Industrialization, 1978-94, New York: Macmillan Press.
52. Lo, D. (1999) 'Re-appraising the Performance of China's State-Owned Industrial Enterprises, 1980-1996', Cambridge Journal of Economics, 23 (6), 693-718.
53. Locke, R. (1995) Remaking the Italian Economy. Ithaca NY: Cornell University Press.
54. Lou, J., et al. (1998) Zhongguo guoyou zhuanye yinhang shangyehua gaige. Beijing: China Financial Publishing House.
55. Ma, G. and Fung, B. (2002) 'China's Asset Management Corporations', Working Paper no. 115, Bank for International Settlements, Basel, Switzerland.
56. March, J. and Simon, H. (1958) Organizations. New York: Wiley.
57. Naughton, B. (1996) Growing Out of the Plan. Cambridge: Cambridge University Press.
58. Naughton, B. (ed.) (1997) The China Circle. Washington DC: Brookings Institution.
59. Naughton, B. (2002) 'Selling Down the State Share', China Leadership Monitor, no. 1 (part 2).
60. Nolan, P. (1996) 'Large Firms and Industrial Reform in Former Planned Economies: The Case of China', Cambridge Journal of Economics, 20 (1), 1-29.
61. Nolan, P. (2001) China and the Global Business Revolution. London: Palgrave.
62. North, D. (1990) Institutions, Institutional Change, and Economic Performance. New York: Cambridge University Press.
63. Oi, J. (1999) Rural China Takes Off. Berkeley CA: University of California Press.
64. Oi, J. (1992) 'Fiscal Reform and the Economic Foundations of Local State Corporatism', World Politics, 45 (1), 99-126.
65. Perkins, D. (1994) 'Completing China's Move to the Market', Journal of Economic Perspectives, 8 (2), 21-46.
66. Pitsilis, E., von Emloh, D. and Wang, Y. (2002) 'Filling China's Pension Gap', McKinsey Quarterly, no. 2.
67. Putnam, R. (1993) Making Democracy Work. Princeton NJ: Princeton University Press.
68. Qian, Y. and Xu, C. (1993) 'Why China's Economic Reforms Differ', Economics of Transition, 1 (2), 137-70.
69. Ramamurti, R. and Vernon, R. (eds) (1991) Privatization and Control of State-Owned Enterprises. Washington DC: World Bank.
70. Restall, H. (2003) 'Forget Overheating, Stop China's Waste of Capital', Asian Wall Street Journal, 19 December.
71. Roland, G. (2000) Transition and Economics. Cambridge MA: MIT Press.
72. Schumpeter, J. (1968 [1911]) The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest and Business Cycles. Cambridge MA: Harvard University Press.
73. Schumpeter, J, (1976 [1942]) Capitalism, Socialism, and Democracy. New York: Harper & Row.
74. Shirk, S. (1993) The Political Logic of Economic Reform in China. Berkeley CA: University of California Press.
75. Shleifer, A. and Treisman, D. (2000) Without a Map. Cambridge MA: MIT Press.
76. Shleifer, A. and Vishny, R. (1998) The Grabbing Hand: Government Pathologies and Their Cures. Cambridge MA: Harvard University Press.
77. Smith, A. (1985 [1776]) An Inquiry into the Nature and Causes of the Wealth of Nations. New York: Random House.
78. Solinger, D. (1999) Contesting Citizenship in Urban China. Berkeley CA: University of California Press.
79. State Statistical Bureau (2000) China Statistical Yearbook 2000. Beijing: China Statistical Publishing House.
80. Steinfeld, E. (1998) Forging Reform in China. New York: Cambridge University Press.
81. Steinfeld, E. (2000) 'Free Lunch or Last Supper', China Business Review, July-August, pp. 22-7.
82. Steinfeld, E. (2001) 'Chinese Enterprise Development and the Challenge of Global Integration', paper prepared for the East Asia Prospects Study, World Bank, Washington DC.
83. Stiglitz, J. (1982) 'Ownership, Control, and Efficient Markets', in K. Boyer and W. Shepherd (eds), Economic Regulation: Essays in Honor of James R. Nelson. Ann Arbor MI: University of Michigan Press.
84. Stiglitz, J. (1999) 'Whither Reform?', paper presented at the World Bank Annual Bank Conference on Development Economics, Washington DC, 28-30 April.
85. Stiglitz, J. and Weiss, A. (1981) 'Credit Rationing in Markets with Imperfect Information', American Economic Review, 71 (3), 393-410.
86. Swidler, A. (2001) Talk of Love: How Culture Matters. Chicago IL: University of Chicago Press.
87. Tenev, S. and Zhang, C. (2002) Corporate Governance and Enterprise Reform in China. Washington DC: World Bank.
88. Thurow, L. (1992) Head to Head. New York: Morrow.
89. Vogel, E. (1979) Japan as Number One. Cambridge MA: Harvard University Press.
90. Wade, R. (1990) Governing the Market. Princeton NJ: Princeton University Press.
91. Walder, A. (1995) 'Local Governments as Industrial Firms: An Organizational Analysis of China's Transitional Economy', American Journal of Sociology, 101 (2), 263-301.
92. Wang, X. (2001) 'China's Pension System Reform and Capital Market Development', paper presented at the Conference on Financial Sector Reform in China, Harvard University, Cambridge MA, 11-13 September.
93. Weber, M. (1958) The Protestant Ethic and the Spirit of Capitalism. New York: Scribner.
94. Woo, W. (1999) 'The Real Reasons for China's Growth', China Journal, 41 (January), 115-37.
95. World Bank (1995) Bureaucrats in Business. Oxford: Oxford University Press.
96. World Bank (1999) China: Weathering the Storm and Learning the Lessons. Washington DC: World Bank.
97. Wu, J. (1993) Dazhongxing qiye gaige [Large and Medium-Size Enterprise Reform]. Tianjin: Tianjin Renmin Chubanshe.
98. Wu, J. (1999) Dangdai zhongguo jingji gaige [Contemporary Chinese Economic Reform]. Shanghai: Yuandong.
99. Xie, P. (1996) Zhongguo jinrong zhidu de xuanze. Shanghai: Shanghai Yuandong.
100. Xinhua News Service (2001) 'Jiang Zemin's Speech Marking 80th CPC Founding Anniversary', 1 July.
101. Yi, G. (1994) Money, Banking, and Financial Markets in China. Boulder CO: Westview Press.
102. Yusuf, S., Nabeshima, K. and Perkins, D. (forthcoming) Under New Ownership: Privatizing China's State-Owned Enterprises. Washington DC: World Bank.
103. Zhongguo Nanfang Zhoumo (2002) 'Zhongguo shiji shiyelu yi da jingjiexian' [China's Real Unemployment Rate Has Reached the Warning Point], 13 June.
104. Zhou, X. (1999a) 'Guanyu zhai zhuan gu de jige wenti', Jingji Shehui Tizhi Bijiao, 6, 1-9.
105. Zhou, X. (ed.) (1999b) Chongjian yu zaisheng. Beijing: China Financial Press.
106. Zhou, X. (2002) 'China's Social Security Reforms: The Institutional Arrangements', Working Paper, Beijing University China Center for Economic Research.
107. Zhu, R. (1996) 'Guoyou qiye shenghua gaige ke burong huan' (No Time Shall be Lost in Further Reforming State-Owned Enterprises), speech at the 4th session of the 8th National People's Congress, Renmin Ribao [People's Daily, overseas edition], 11 March.