Course Code and Course Title
State and Market in Modern China
Time and Venue
Thur 9:30am - 12:15pm
WMY 502
Instructor
Prof Chung Wai Keung
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 state’ structure and governance style, the command economy, China’s economy reform, rise of the private enterprises, reform of the state-owned enterprises, village and township enterprises and agricultural reform, 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
1. Overview: State and Market in Economic Development
2. The Governance Structure of the Chinese State
3. State Capacity and Marketcraft
4. Policy Style: Planning, Experimentalism and Campaign
5. China Planned economy
6. Chinese Economy as Transition Economy: The Theoretical Debates
7. Capitalism of Chinese Characteristics – the Reform Strategies
8. State-owned economic system reform in China
9. China’s Individual Economy, Business groups and Private Economy
10. China’s Rural Economic Development – Village and Township Enterprises
11. Agricultural Reform
12. Conclusion: The Constraints and Future of the Chinese Economy