The world seems divided to either applaud or fear the rise of China, but this book probes deeper by investigating three aspects of the phenomenon in detail: 1) the institutional dilemmas of the prosperity as it integrates Asian authoritarianism with globalizing capitalism to create economic accomplishments; 2) the political struggles alongside the prosperity as Chinese citizens begin to demand equality, rights, and justice that might be viewed to disturb the continuity of stability and development; and 3) the global implications entailed by the prosperity — not only in power politics, war and peace, or competitions among nations, but especially on global public goods termed “human security”. Articles included here combine political economic analyses, lens with historical depth, and global concerns to add a perspective that highlights the “paradoxes” of prosperity surrounding the ongoing debate on the rise of China and its global ramifications.Readers will find an analysis that goes beyond the dichotomy viewing the rise of China either in positive or negative perspectives. Investigations on the internal dilemmas and the global implications of the rise of China are well-situated in the historical context of China's own search for modernization since the late 19th century. This is one of the few books in which China's rise is examined from a global perspective, rather than from a national perspective (of China, the United States or any other specific nation) — a global perspective that addresses the challenges facing all human societies with the rise of China.

Two leading experts on China evaluate its rise throughout the past one hundred fifty years, sharing portraits of key intellectual and political leaders to explain how China transformed from a country under foreign assault to a world giant.

Analysing post-Mao China is not an easy task, but it is essential in order to understand the rationale and scope of the reform process started by the Chinese leadership under the guidance of Deng Xiaoping at the end of the 1970s. Thirty years after the beginning of the reform process China has become a major actor in the global economic and political system and the 21st century is generally held to the one in which China will become the major world power. In this book Paolo Urio presents a balanced picture of the reform process, analysing the economic, social, environmental, legal, political and cultural aspects of the process and showing the interconnections between them. As well as analysing the achievements realised thus far by the reform process, this book looks ahead at the difficulties the Chinese leadership will have to face in the years to come. As such, it will be essential reading for students and scholars of Chinese politics, public management and economics alike.

Prosperity signifies success in economic performance. Economic performance always takes place in a spatial context. And institutions matter in economic performance. These three interwoven themes underlie this inquiry into the regional economy of southern Fukien province during the Sung and Yuan dynasties, when the area was one of the most prosperous regions in China. Through a meticulous reading of the sources, the author seeks to understand the meaning of prosperity in the premodern Chinese context and argues that we have to understand economic performance as a process occurring in space and influenced by institutions, which affect economic actors particularly through the means of transaction costs.

To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades.

Since 1978, the end of the Mao era, economic growth in China has outperformed every previous economic expansion in modern history. While the largest Western economies continue to struggle with the effects of the deepest recession since World War II, the People's Republic of China still enjoys growth rates that are massive in comparison. In the country's smog-choked cities, a chaotic climate of buying and selling prevails. Tireless expansion and inventiveness join forces with an attitude of national euphoria in which anything seems possible. No longer merely the "workshop of the world," China is poised to become a global engine for innovation. In China's Capitalism, Tobias ten Brink considers the history of the socioeconomic order that has emerged in the People's Republic. With empirical evidence and a theoretical foundation based in comparative and international political economy, ten Brink analyzes the main characteristics of China's socioeconomic system over time, identifies the key dynamics shaping this system's structure, and discusses current trends in further capitalist development. He argues that hegemonic state-business alliances mostly at the local level, relative homogeneity of party-state elites, the maintenance of a low-wage regime, and unanticipated coincidences between domestic and global processes are the driving forces behind China's rise. He also surveys the limits to the state's influence over economic and social developments such as industrial overcapacity and social conflict. Ten Brink's framework reveals how combinations of three heterogeneous actors—party-state institutions, firms, and workers—led to China's distinctive form of capitalism. Presenting a coherent and historically nuanced portrait, China's Capitalism is essential reading for anyone interested in the socioeconomic order of the People's Republic and the significant challenges facing its continuing development.