Book Description
The rising power of emerging economies is analyzed in this volume which focuses on Brazil, Russia, India and China in order to understand market opportunites and issues relevant to doing business in these countries.
After defining an emerging market, the author examines the operative environment of such economies and identifies some common problems. He describes key elements of a successful and profitable business model for emerging economies and looks at important issues involved, including: cultural gaps and extensive dependence on expatriates; characteristics of the workforce; external factors influencing business; red tape and corruption; corporate social responsibility; and sustainability of economic development.
Book Description
Dragon in a Three-Piece Suit is an innovative sociological examination of what is perhaps the main engine of economic reform in China, the large industrial firm. Doug Guthrie, who spent more than a year in Shanghai studying firms, interviewing managers, and gathering data on firms' performance and practices, provides the first detailed account of how these firms have been radically transformed since the mid-1980s.
Guthrie shows that Chinese firms are increasingly imitating foreign firms in response both to growing contact with international investors and to being cut adrift from state support. Many firms, for example, are now less likely to use informal hiring practices, more likely to have formal grievance filing procedures, and more likely to respect international institutions, such as the Chinese International Arbitration Commission. Guthrie argues that these findings support the de-linking of Western trade policy from human rights, since it is clear that economic engagement leads to constructive reform. Yet Guthrie also warns that reform in China is not a process of inevitable Westernization or of managers behaving as rational, profit-maximizing agents. Old habits, China's powerful state administration, and the hierarchy of the former command economy will continue to have profound effects on how firms act and how they adjust to change.
With its combination of rigorous argument and uniquely rich detail, this book gives us the most complete picture yet of Chinese economic reform at the crucial level of the industrial firm.
Download Description
Dragon in a Three-Piece Suit is an innovative sociological examination of what is perhaps the main engine of economic reform in China, the large industrial firm. Doug Guthrie, who spent more than a year in Shanghai studying firms, interviewing managers, and gathering data on firms' performance and practices, provides the first detailed account of how these firms have been radically transformed since the mid-1980s. Guthrie shows that Chinese firms are increasingly imitating foreign firms in response both to growing contact with international investors and to being cut adrift from state support. Many firms, for example, are now less likely to use informal hiring practices, more likely to have formal grievance filing procedures, and more likely to respect international institutions, such as the Chinese International Arbitration Commission. Guthrie argues that these findings support the de-linking of Western trade policy from human rights, since it is clear that economic engagement leads to constructive reform. Yet Guthrie also warns that reform in China is not a process of inevitable Westernization or of managers behaving as rational, profit-maximizing agents. Old habits, China's powerful state administration, and the hierarchy of the former command economy will continue to have profound effects on how firms act and how they adjust to change. With its combination of rigorous argument and uniquely rich detail, this book gives us the most complete picture yet of Chinese economic reform at the crucial level of the industrial firm.
Customer Reviews:
reader friendly.......2000-12-01
Finally, an academic who puts it into words so the rest of us can understand! Dragon in a Three Piece Suit tackles difficult issues in a way that is easily understandable to those of us who don't study economic systems full-time but are interested in learning about them. Guthrie manages to write a compelling work that is simply eloquent - a book that appeals to both academics and the regular-Joe. I appreciated his insights and predictions regarding Chinese economic reform.
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The Dragon Millennium: Chinese Business in the Coming World Economy
Manufacturer: Quorum Books
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ASIN: 1567203531 |
Book Description
Already the world's third largest economic power, China presents enormous potential for businesses worldwide. Opportunities abound, and despite current economic crises throughout Asia, Richter and the contributors to this unique volume are convinced that opportunities in China can only increase. They explore and analyze these opportunities and the management practices that implement them. In doing so they study the Chinese economy, forecast the future of Chinese business organization, and assess China's place in the coming global economy. Recent developments in the Chinese economy show how Chinese firms actively pursue new strategies to shape their organizations. The current Asian crisis will radically alter the patterns of doing business in China, and Richter and his contributors explain how Western firms can cope with these ongoing changes. Other books, usually from the Western viewpoint, tend to describe only the present structure of the Chinese economy. Richter's looks at it from China's viewpoint and advocates a dynamic approach to the study of Chinese organizations. The analytical scope of the book concentrates more thoroughly on transforming organizations' structures than is found in other mainstream studies. Their book is thus a true inside view of China's economic and business structures, by people who have studied and know it intimately--a book that will help corporate executives and their academic colleagues appreciate China's vitality and understand the reasons for her optimism. Although knowledge of China is growing it still remains relatively sparse, considering the rise to prominence of Chinese business enterprises. Richter and his Chinese experts ("visionaries" he calls them) seek to fill the gaps. They look at the complex questions associated with the concept of ownership and control in China and address economic policy and the development of the Chinese firm. They look at the development path of some selected industries, then itemize the challenges that multinational companies face in China, ending with a discussion of a hypothetical way of managing. All of the contributors are members of the worldwide Chinese business and academic communities. The research presented inspires further academic discourse and managerial policy in face of evolving Chinese reality. The book supplies expert knowledge and support for business practitioners, policy analysts, scholars and students in China and abroad.
Customer Reviews:
China's future.......2000-05-31
The book provides vital insight into China's future. A proactive view.
Book Description
China's economic reform constitutes one of the most remarkable events of the second half of the twentieth century. It not only significantly improved the living conditions of the Chinese population but also provides a useful model of economic transition from central planning to a market economy. The gradual approach to reform adopted by the Chinese was widely regarded as suboptimal and likely to fail when compared to the shock therapy method applied in the former Soviet Union and the Eastern European economies. But China has out-performed other transitional economies. To many observers the Chinese experience is either a myth or a miracle. This volume addresses key questions about the initial economic foundations, the reform of macroeconomic policies and macroeconomic stability, the achievements of agricultural reform and the agricultural policy choices facing the Chinese government, the unique characteristics of the township and village enterprises, the successful reform of the state-owned enterprises, the development of factor markets, the contributions of the external sectors to economic growth, the lessons of the Chinese experience for transitional economies, and the challenges for economic threory. Growth without Miracles brings together thirty widely cited articles by prominent economists in the field of China studies to offer authoritative and through assessment and analyses of Chinas experience during the reform period. It provides a complete story for teachers and students of courses on the Chinese economy and will be of considerable interest to researchers, officials, and business people who want to understand past experiences, current problems, and the future direction of the Chinese economy.
Book Description
Urbanisation and urban development are the focus of this comprehensive account which introduces readers to the far-reaching changes now taking place in Chinese cities. New and established scholars from the fields of geography, sociology and urban planning, including Chinese social scientists, contribute chapters on the development of Chinese cities up to the turn of the twenty-first century. All their work reflects the most recent scholarship.The book's original approach links the visible changes in urban life to changes in the larger political economy of China. Conversely, broad concepts that are central to understanding the country's re-emergence on the world stage, such as the transition from socialism, market reform, and globalization, are made tangible in their effects on people's daily lives in Chinese cities and in detailed examination of how these cities have developed. Case materials are drawn from all China's major cities, but particular attention is paid to Shanghai and Hong Kong.
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China's Economic Powerhouse: Economic Reform in Guangdong Province
Manufacturer: Palgrave Macmillan
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ASIN: 1403903859 |
Book Description
The Guangdong province is the forerunner of China's economic reform, it has developed rapidly in the last 20 years since opening up its economy to the outside world. This book covers the evolution of economic reform in Guangdong, its links to Hong Kong and other parts of China, and developmental strategies in different parts of Guangdong. The book analyzes the many factors that have contributed to economic reform and covers topics such as development of land, human resources, the agricultural sector, and industrialization, and reforms of state-owned enterprises and township and village enterprises.
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Problems in China's Transitional Economy: Property Rights and Transitional Models (Eai Occasional Paper , No 6)
Xiaobo Hu
Manufacturer: World Scientific Pub Co Inc
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Binding: Paperback
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ASIN: 981023595X |
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Transforming Rural China: How Local Institutions Shape Property Rights in China
Chih-Jou J Chen
Manufacturer: Routledge
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ASIN: 0415196728 |
Book Description
It is often assumed that privatization leads to profit, and that well-delineated property rights and a strong private sector will help boost an economy. This book investigates the property rights in Chinese enterprises in the reform era, finding that distinction between the public and the private are blurred, that national reform policies are implemented unevenly across the country, and that enterprises owned by local governments, in Shanghai, for example, are actually extremely profitable.
Customer Reviews:
needs a second edition.......2007-01-28
This book gives you a good idea of both the political and economic events of the 90s in the three countries. However, the book was probably written in 2000-01 and leaves the reader wanting to know about the interesting times since then. The author should consider updating it in a second edition.
Great Analysis of the 3 major economies of the world.......2003-11-01
I bought this book on the assumption that it will do a comparative analysis of the three largest emerging economies of the world - Russia, China and India. What I found was that the comparative analysis of the events of last 2 decades is great. The author effectively covered both political and economical environment. I recommend this book to anyone who is interested to know the process of transition from closed economy to market economy. Russia, China and India all choose different paths to market economy and this book analyze and critque all three in effective manner.
However, the shortcoming of the book is that it doesn't dwell too much into the future. Not even on short-term basis. The analysis of the past events should be used to predict/forecast some trends that may evolve. We read so many articles claiming that China, India, Russia and Brazil will overtake the world in latter part of this century. Author not only escape this discussion but also fail to identify the effect of these great, emerging economies on the world market.
In short - read it if you want to know different perspective and their effects on the transition to market economy. Don't read it if you are looking for something more current or something that tries to foresee a trend.
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- Highly Recommended!
- Highly Recommended!
- Understanding China for business
- China, Politics, and Business
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China: The Race to Market
Jonathan Story
Manufacturer: FT Press
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ASIN: 0273663216 |
Book Description
China is rapidly becoming the world's next economic giant: by some estimates, the Chinese economy could overtake the US by 2030. Is this truly likely? Or will internal political and cultural obstacles lead the Chinese market economy to fail, causing massive losses for unwary investors? In China: The Race to Market, a leading expert in assessing investment risks in China offers a comprehensive briefing on what to expect--and what to watch out for. Jonathan Story covers all the forces shaping China's future, offering essential historical and economic context, and showing investors how to shape strategies that maximize opportunity and minimize risk. He addresses a wide range of issues, including:the impact of China's entry into the World Trade Organization; the state-market relationship; the outlook for internal reform and transparency; brand-new rules permitting majority foreign ownership; Sino-American relations, and much more. He also drills down to key industries--including telecommunications, finance, and the automotive industry--showing how these industries are evolving from the viewpoint of Western companies, Chinesecompetitors, and government authorities alike. From start to finish, China: TheRace to Market offers intelligent solutions for Western business people seekinglong-term success in China's complex and fast-changing environment.
Customer Reviews:
Highly Recommended!.......2004-04-23
Author Jonathan Story has assembled in one relatively short book a dense collection of facts, hypotheses and perspectives on China. Unlike many writers who have fixed ideas about China and use their books to promote their ideas, Story gives full and fair time to competing viewpoints. He is not selling a hypothesis, but exploring possibilities. Readers who prefer easy and definitive answers may feel frustrated, because Story provides only difficult and ambiguous alternatives. Yet his approach is solid, and more accurate than a finite stance could be. The future of anything is uncertain, and China is egregiously inscrutable, so any honest pronouncement on China's future must acknowledge uncertainty, difficulty and ambiguity. If the book has a demerit, it is that the author sometimes offers interesting, but meandering digressions through the minutiae of Chinese chronology without fully explaining why the details matter. China is perplexing, so we welcome this compilation of insight - we would have been glad to read even more.
Highly Recommended!.......2004-03-10
Author Jonathan Story has assembled in one relatively short book a dense collection of facts, hypotheses and perspectives on China. Unlike many writers who have fixed ideas about China and use their books to promote their ideas, Story gives full and fair time to competing viewpoints. He is not selling a hypothesis, but exploring possibilities. Readers who prefer easy and definitive answers may feel frustrated, because Story provides only difficult and ambiguous alternatives. Yet his approach is solid, and more accurate than a finite stance could be. The future of anything is uncertain, and China is egregiously inscrutable, so any honest pronouncement on China's future must acknowledge uncertainty, difficulty and ambiguity. If the book has a demerit, it is that the author sometimes offers interesting, but meandering digressions through the minutiae of Chinese chronology without fully explaining why the details matter. China is perplexing, so we welcome this compilation of insight - we would have been glad to read even more.
Understanding China for business.......2003-08-02
China: the race to market is an excellent book for anyone who wishes to understand the direction in which the Chinese polity and economy is developing. For providing a background for developing strategies for business development it is therefore a must. And in addition it is a very enjoyable read.
The major attraction of the analysis is the clear exposition of the various forces bearing on policy making and action in China within the Communist state, and by implication therefore on the the economy and the business environment. One cannot make business strategy without reference to a coherent macro view of the relevant environment and for any business either seeking to operate in China, or likely to be impacted directly or indirectly by events there, there can be nothing better than this book to establish a coherent view of likely development.
China, Politics, and Business.......2003-08-02
Jonathan Story is one of only a few writers who can relate so credibly the connection between business decision-making and public policy making.. In China: Race to market, he documents political and economic developments in the emerging China of the 21st century. More importantly, especially for those at the helm of Western enterprises, Professor Story explains in clear terms the opportunities and the challenges facing those seeking to establish and grow businesses in China. It's a good read: compelling, thought provoking, and laced with sound and practical business advice.
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- A Thousand Barrels a Second: The Coming Oil Break Point and the Challenges Facing an Energy Dependent World
- Accident Prevention Manual for Business & Industry: Administration & Programs (Occupational Safety and Health) (Occupational Safety and Health Series (Chicago, Ill.).)
- After the Washington Consensus: Restarting Growth and Reform in Latin America
- America the Broke: How the Reckless Spending of The White House and Congress are Bankrupting Our Country and Destroying Our Children's Future
- An Introduction to Third World Theologies (Introduction to Religion)
- As the Future Catches You: How Genomics & Other Forces Are Changing Your Life, Work, Health & Wealth
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- Biodiversity Dynamics and Conservation: The Freshwater Fish of Tropical Africa
- Black Power Inc.: The New Voice of Success
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Understanding Emerging Markets
The Emerging Markets Century: How a New Breed of World-Class Companies Is Overtaking the World
