State Institutional determinants for China’s intermediate goals: indigenous technology, development of industry, and internationalization of companies
DOI:
https://doi.org/10.21678/apuntes.85.1073Keywords:
State, economic reform, technological innovations, automobile industry, globalization, ChinaAbstract
This article analyzes the improvement of state institutional quality as a determinant of China’s economic success, achieved through the accomplishment of intermediate economic goals. Conventional wisdom that market forces are the sole determinant of liberalization cannot fully explain the Chinese economic boom. With the aim of catching up with developed countries, China has steadily enacted reforms, with slight emphasis on political reforms and continual, aggressive emphasis on concurrent economic ones. Through this combination of state designs and strategies, China has achieved the intermediate goals necessary to sustain the fast and stable rates of economic growth observed in recent decades. To analyze this process, this study will focus on the analysis of three approaches: (i) technological element; (ii) development of the auto industry, and (iii) internationalization of Chinese companies. The recent literature related to the institutional approach offers a proper theoretical framework to understand China’s recent economic development and the improvement of state institutional quality.
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Comisión Económica para América Latina y el Caribe, Cepal. (2018). Explorando nuevos espacios de cooperación entre América Latina y el Caribe y China. Recuperado de https://repositorio.cepal.org/bitstream/handle/11362/43213/1/S1701250_es.pdf
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Ge, G. L., & Ding, D. Z. (2009). The Effects of the Institutional Environment on the Inter-nationalization of Chinese Firms. En I. Alon, J. Chang, M. Fetscherinm C. Lattemann, & J. R. McIntyre (Eds.), China Rules (pp. 46-68). Londres: Palgrave Macmillan.
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Heginbotham, E. (2007). Evaluating China’s Strategy toward the Developing World. En J. Eisenman, E. Heginbotham, & D. Mitchell, China and the Developing World: Beijing’s Strategy for the Twenty-first Century (pp. 189-217). Nueva York: M.E. Sharpe.
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Liu, W., & Dicken, P. (2006). Transnational Corporations and «Obligated» Embedded-ness: Foreign Direct Investment in China’s Automobile Industry. Environment and Planning A, 38(7), 1229-1247.
Long, G. (2015). «One Belt, One Road»: A New Vision for Open, Inclusive Regional Cooperation. The Economic Future of China. Recuperado de http://www.asiasociety.org/speeches/lardy.html
May Hongmei, G. (2009). Natural Resources: Government Support for Chinese Compa-nies Global Hunt. En I. Alon, J. Chang, M. Fetscherin, C. Lattemann, & J. R. McIntyre (Eds.), China Rules (pp. 233-252). Londres: Palgrave Macmillan.
Mitchell, D., & McGiffert, C. (2007). Expanding the «Strategic Periphery»: A History of China’s Interaction with the Developing World. En J. Eisenman, & E. Heginbotham (Eds.), China and the Developing World: Beijing’s Strategy for the Twenty-First Cen-tury (pp. 3-25). Nueva York: Taylor & Francis.
Mochizuki, M. M. (2005). China-Japan Relations: Downward Spiral or a New Equilibrium. En D. Shambaugh (Ed.), Power Shift: China and Asia’s New Dynamics (pp. 135-150). Berkeley: University of California Press.
Morrisson, C., & Murtin, F. (2005). The World Distribution of Human Capital, Life Ex-pectancy and Income: A Multi-Dimensional Approach. París: OECD. Recuperado de http://www.parisschoolofeconomics.eu/docs/ydepot/semin/texte0506/MUR2005WOR.pd
Oksenberg, M. (2001). China’s Political System: Challenges of the Twenty-First Century. The China Journal, (45), 21-35.
Oresman, M. (2007). Repaving the Silk Road: China’s Emergence in Central Asia. En J. Eisenman, & E. Heginbotham (Eds.), China and the Developing World: Beijing’s Stra-tegy for the Twenty-First Century (pp. 60-83). Nueva York: Taylor & Francis.
Ravallion, M., & Shaohua, C. (2005). China’s (Uneven) Progress against Poverty. Journal of Development Economics, 82, 1-42. Recuperado de http://siteresources.worldbank.org/PGLP/Resources/ShaohuaPaper.pdf
Rawski, T. G. (1994). Chinese Industrial Reform: Accomplishments, Prospects, and Impli-cations. American Economic Review, 84(2), 271-275.
Schortgen, F. (2009). A Contextual View of Chinese Enterprise Internationalization. En I. Alon, J. Chang, M. Fetscherin, C. Lattemann, & J. R. McIntyre (Eds.), China Rules (pp. 15-45). Londres: Palgrave Macmillan.
Shirk, S. L. (2007). China: Fragile Superpower. Oxford: Oxford University Press.
Shirk, S. L. (2008). Japan: When the Chinese People Get Angry, the Result is Always Big Trouble. En S. L. Shirk. China: Fragile Superpower (pp. 140-180). Oxford: Oxford University Press.
Stallings, B. (2008). The US-China-Latin America Triangle: Implications for the Future. En R. Roett, & G. Paz (Eds.), China’s Expansion into the Western Hemisphere. Implica-tions for Latin America and the United States (pp. 239-260). Washington: Brookings Institution.
Teng, C. (2007). Hegemony and Partnership: China’s Strategy and Diplomacy toward La-tin America. En J. Eisenman, E. Heginbotham, & D. Mitchell, China and the Develo-ping World: Beijing’s Strategy for the Twenty-first Century (pp. 84-112). Nueva York: M. E. Sharpe.
The World Bank. (s. f.a). DataBank. The World Bank. Recuperado de http://databank.worldbank.org
The World Bank. (s. f.b). Historical Data Sets and Trends Data. Doing Business. The World Bank. Recuperado de www.doingbusiness.org/en/custom-query
The World Bank. (s. f.c). Worldwide Governance Indicators. The World Bank. Recupera-do de https://info.worldbank.org/governance/wgi/#home
Xu, X. (2012). Understanding China’s Growth: Past, Present, and Future. Journal of Eco-nomics Perspectives, 26(4), 103-124.
Yahuda, M. (2006). The Limits of Economic Interdependence: Sino-Japanese Relations. En A. I. Johnston, & R. S. Ross, New Directions in the Study of China’s Foreign Policy (pp. 162-185). Stanford: Stanford University Press.
Yang, D. L. (2006). Economic Transformation and its Political Discontents in China: Authoritarianism, Unequal Growth, and the Dilemmas of Political Development. An-nual Review of Political Science, 9, 143-164. doi 10.1146/annurev.polisci.9.062404.170624
Zheng, Y. N. (1994). Development and Democracy: Are they Compatible in China? Poli-tical Science Quarterly, 109(2), (pp. 235-259).
Zhou, Y. (2008). Synchronizing Export Orientation with Import Substitution: Creating Competitive Indigenous High-Tech Companies in China. World Development, 36, 2353-2370.
Zi, Z. (2004). The Clash of Ideas: Ideology and Sino-US Relations. En Z. Susheng (Ed.), Chinese Foreign Policy: Pragmatism and Strategic Behavior (pp. 224-242). Londres: M. E. Sharpe.
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Published
2019-07-08
How to Cite
Valdiglesias Oviedo, J. (2019). State Institutional determinants for China’s intermediate goals: indigenous technology, development of industry, and internationalization of companies. Apuntes. Social Sciences Journal, 46(85), 231–256. https://doi.org/10.21678/apuntes.85.1073
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