POL215Y1 Lecture Notes - Hebei, Hubei, Qinghai

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12 Feb 2012
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Lecture #5-the role of state in china"s economic development. Jobs were supposed to be on a level playing field: there is a high degree of transparency. It is clear what the rules are and what are the things that the state will or will not provide: this is a prototype (of what the international bank would advocate for) In their mind, this is an efficient state. In other ways, states have an arm"s length relationship with businesses: few countries have its independent regulatory state. Anglo american independent regulatory state than an east asian developmental state. Features of developmental state: state intervention in economic development (in how the economy works , it formulates industrial policies meaning the policies that favor one"s industry over another . Industries that are seen of strategic importance to the state: these firms have close ties to the state. They may or may not be state owned but it does not matter.

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