Course Code and Course Title

[CHES2109] State and Market in Modern China

Time and Venue

Mon 2:30pm - 5:15pm
YIA_505

Instructor

Prof. Chen Li

Course Description

This course examines the political economy of China’s development from the perspective of state-market relations. It will cover topics including China’s state-led big push industrialization, market-oriented reform, the institutional foundation of China’s growth miracle, China’s state enterprise reform, China’s industrial and innovation policy, land and urbanization, regional planning, financial reform, corruption/anti-corruption, China’s integration with global production networks, as well as China’s state capacity and policy styles, among others. Students will gain a deeper understanding of the evolving state-market relations in China’s reform and development; and the extent to which China’s experience may be generalized as a model for other developing countries.

Course Outline

Overview: State and Market in Economic Development

The Governance Structure of the Chinese State

Big Push Industrialization and Command Economy

Market Transition and Reforms

State-owned Enterprises

Globalization and Industrial Policy

Innovation Policy

Land and Urbanization

Regional Planning

Financial Reform (I)

Financial Reform (II)

Policy Style: Planning, Experimentalism and Campaign

State Capacity and Marketeraft