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The Advance of the State in Contemporary China

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  • Eaton,Sarah

Abstract

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 study offers illuminating insight into China's much-vaunted, but poorly understood, brand of state capitalism.

Suggested Citation

  • Eaton,Sarah, 2015. "The Advance of the State in Contemporary China," Cambridge Books, Cambridge University Press, number 9781107123410.
    • Handle: RePEc:cup:cbooks:9781107123410
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    Cited by:

    1. Sam-Kee Cheng, 2020. "Primitive Socialist Accumulation in China: An Alternative View on the Anomalies of Chinese “Capitalismâ€," Review of Radical Political Economics, Union for Radical Political Economics, vol. 52(4), pages 693-715, December.
    2. Leutert, Wendy, 2021. "Innovation through iteration: Policy feedback loops in China’s economic reform," World Development, Elsevier, vol. 138(C).

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