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Article: State, capital, and space in China in an age of volatile globalization

TitleState, capital, and space in China in an age of volatile globalization
Authors
Issue Date2000
PublisherPion Ltd. The Journal's web site is located at http://www.envplan.com
Citation
Environment And Planning A, 2000, v. 32 n. 3, p. 455-471 How to Cite?
AbstractThe interrelationship between state, capital, and space is central both to the debate on globalization and to various interpretations of the changing nature of the Chinese political economy. This study of China's economic performance against the recent Asian financial turmoil suggests that the Chinese central state has played a crucial role in the growth and restructuring of the national economy. The immediate impact of the financial crisis on China has been limited although the long-term effects remain uncertain. China has so far narrowly escaped the crisis primarily because of a state-led capital injection in mid-1998 to stop economic downturn, an austerity program that led the overheated economy to 'soft-land' prior to the crisis, and stringent state control of capital flow into and out of the country. Contrary to the 'end of the nation-state' claim made by many globalization prophets, the Chinese socialist state has remained an active agent interacting with global market forces. The interplay between the socialist state and transnational capital has been a place-specific phenomenon despite the pervasive assertion of 'the end of geography'. A dialectical approach is needed for analyzing the triangular nexus of interaction between the central state, local state, and global market forces in China in the current age of volatile globalization.
Persistent Identifierhttp://hdl.handle.net/10722/157820
ISSN
2015 Impact Factor: 1.46
2015 SCImago Journal Rankings: 1.460
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorLin, GCSen_US
dc.date.accessioned2012-08-08T08:55:49Z-
dc.date.available2012-08-08T08:55:49Z-
dc.date.issued2000en_US
dc.identifier.citationEnvironment And Planning A, 2000, v. 32 n. 3, p. 455-471en_US
dc.identifier.issn0308-518Xen_US
dc.identifier.urihttp://hdl.handle.net/10722/157820-
dc.description.abstractThe interrelationship between state, capital, and space is central both to the debate on globalization and to various interpretations of the changing nature of the Chinese political economy. This study of China's economic performance against the recent Asian financial turmoil suggests that the Chinese central state has played a crucial role in the growth and restructuring of the national economy. The immediate impact of the financial crisis on China has been limited although the long-term effects remain uncertain. China has so far narrowly escaped the crisis primarily because of a state-led capital injection in mid-1998 to stop economic downturn, an austerity program that led the overheated economy to 'soft-land' prior to the crisis, and stringent state control of capital flow into and out of the country. Contrary to the 'end of the nation-state' claim made by many globalization prophets, the Chinese socialist state has remained an active agent interacting with global market forces. The interplay between the socialist state and transnational capital has been a place-specific phenomenon despite the pervasive assertion of 'the end of geography'. A dialectical approach is needed for analyzing the triangular nexus of interaction between the central state, local state, and global market forces in China in the current age of volatile globalization.en_US
dc.languageengen_US
dc.publisherPion Ltd. The Journal's web site is located at http://www.envplan.comen_US
dc.relation.ispartofEnvironment and Planning Aen_US
dc.titleState, capital, and space in China in an age of volatile globalizationen_US
dc.typeArticleen_US
dc.identifier.emailLin, GCS:gcslin@hku.hken_US
dc.identifier.authorityLin, GCS=rp00609en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1068/a3264-
dc.identifier.scopuseid_2-s2.0-0034025937en_US
dc.identifier.hkuros50457-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0034025937&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume32en_US
dc.identifier.issue3en_US
dc.identifier.spage455en_US
dc.identifier.epage471en_US
dc.identifier.isiWOS:000085899300007-
dc.publisher.placeUnited Kingdomen_US
dc.identifier.scopusauthoridLin, GCS=7401699741en_US

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