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5241. Local Governments and the Chinese Stock Market

Author:
Mary Comerford Cooper
Publication Date:
04-2003
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
This paper examines a key aspect of the politics of stock markets in China—the distinct differences in interests between central government leaders and local governments. Central government leaders have a powerful incentive to promote macroeconomic stability and good performance of the stock market. Local leaders, for their part, are less concerned with the overall performance of the stock market than with gaining access to the stock market for companies under their own jurisdiction. The paper demonstrates that company listing brings tangible economic benefits to municipalities. Listed companies are associated with higher levels of gross domestic product (GDP), budgetary revenue, and industrial and commercial tax revenue. Therefore, it is not surprising that local officials put substantial effort into lobbying for the right to list additional companies on the national stock exchanges.
Topic:
Communism, Democratization, Economics, and Government
Political Geography:
China and Asia

5242. Sociological Dimensions of China's Economic Transition: Organization, Stratification, and Social Mobility

Author:
Andrew G. Walder
Publication Date:
04-2003
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Despite skepticism about official economic statistics, there is little doubt that China since 1978 has undergone an economic transformation of historic proportions. This outcome stands in stark opposition to arguments that were once widely accepted in several scholarly communities, and which are still highly influential even today. In the early 1980s there was wide agreement that “partial” reform, under a single party dictatorship that sought indefinitely to preserve public ownership, was a recipe for failure. China specialists, students of comparative economic systems, and economists who advised governments and international agencies about postcommunist restructuring in Eurasia were initially in broad agreement on this point.
Topic:
Economics, Government, and Politics
Political Geography:
China and Asia

5243. International Organizations and Democratization: Testing the Effect of GATT/WTO Membership

Author:
Mary Comerford Cooper
Publication Date:
04-2003
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Does the World Trade Organization promote democracy? A large part of the heated and protracted debate over China's application for WTO membership revolved around this question. Prior to China's WTO accession in December 2001, this debate had dragged on for nearly fifteen years. While one side argued that WTO membership would promote democratization in China, others argued that the wealth generated through economic integration would provide the resources to maintain authoritarian rule. Only time will tell whether WTO accession will contribute to pressures for democratization in China. In the meantime, however, this paper examines the empirical basis for these competing claims about the effects of GATT/WTO memberships on domestic political systems. Based on statistical analysis of a global data set, this paper concludes that members of the international trade regime are more likely than nonmembers to be democracies. However, there is little evidence that WTO membership in itself can promote democratic transition. Instead, it appears to be the case that democratic countries are more likely to seek to join the WTO.
Topic:
Communism, Democratization, Economics, and Government
Political Geography:
China and Asia

5244. Politics and Property in Transitional Economies: A Theory of Elite Opportunity

Author:
Andrew G. Walder
Publication Date:
04-2003
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Command economies gave communist-era elites administrative control and material privilege but severely restricted money income and private wealth. Markets and privatization inject new value into public assets and create unprecedented opportunities for elite insiders to extract incomes or assume ownership. These opportunities vary with the extensiveness of regime change and the barriers to asset appropriation. Within these limits, they further vary with the concentration and form of economic assets and structural changes induced by reform. Elite advantages are smallest where regime change is extensive and barriers to asset appropriation are high, and in small-scale economies that grow rapidly. In China, there has been no regime change and privatization has been delayed and slow. In the rural economy, elites keep their posts as a source of economic advantage, while low entry barriers to household enterprise and rapid growth have created new entrepreneurial elites. After two decades, rural officials nonetheless enjoy large net income advantages that grow along with the expansion of labor markets and private entrepreneurship. These are not generic outcomes of market reform, but the product of market reform in distinctive political and structural conditions.
Topic:
Communism, Economics, Government, and International Trade and Finance
Political Geography:
China and Asia

5245. China's New Leadership: Paradoxes, Characteristics and Implications

Author:
Cheng Li
Publication Date:
01-2003
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
In his seven-decade-long academic career, the great British historian, Joseph Needham, tried to explain what Sinologists later called “the Needham Paradox.” It was a paradox that, while traditional China had many talented people and was advanced in science, the country declined during the middle part of the last millennium. According to Needham, a primary reason for the decline of China was that the country “lost its edge” by suppressing technicians and merchants “whose power posed a threat to the Emperor.”
Topic:
Government
Political Geography:
China, Israel, East Asia, and Asia

5246. The Prospects for Political Reform in China: Religious and Political Expression

Author:
Richard Madsen
Publication Date:
01-2003
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
Religion is flourishing in China today. After being severely restricted in the first decade and a half of the Maoist era, virtually all forms of public religious practice were suppressed during the Cultural Revolution and replaced by a quasi-religious cult of Mao, complete with sacred texts (the Little Red Book), rituals, and claims of miracles. But the Mao cult imploded amid the chaos of the Cultural Revolution. After the death of Mao and the overthrow of his close associates, the Deng Xiaoping regime relaxed restrictions on religious practice; and the freedoms of an expanding market economy made the remaining restrictions easy to subvert. In this environment, hundreds of religious flowers began to bloom, some of them replications of pre-revolutionary religious forms, many others new mutations of the old. According to the government's own—almost certainly underestimated—figures, there are over 100 million religious believers in China today. The real number is probably several times as large.
Topic:
Politics and Religion
Political Geography:
China, Israel, East Asia, and Asia

5247. Taiwan in U.S.-China Relations

Author:
Shelley Rigger
Publication Date:
01-2003
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
It is hardly a revelation that U.S. relations with Taiwan and the People's Republic of China are vexed and vexing. Managing U.S. relationships with Taiwan and China has never been easy, but the trend seems to be toward ever greater complexity and ever higher stakes. The U.S. is like a helicopter pilot carrying out a rescue at sea. The pilot is struggling to hover above the boat, which is drifting and heaving, while the wind does its best to blow his craft out of the sky. Meanwhile, the passengers on the deck are fighting over who gets to go up first. Like the helicopter pilot, U.S. policy makers must hold a steady course while they wait for Taiwan and China to resolve their differences. They also would like to do what they can to speed up the negotiations down on the deck.
Topic:
Foreign Policy
Political Geography:
United States, China, Israel, Taiwan, East Asia, and Asia

5248. Taiwan's Approach to Cross-Strait Relations

Author:
Ying-jeou Ma
Publication Date:
01-2003
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
Civil war broke out between the Nationalist Kuomintang (KMT) Government of China and the Chinese Communist forces shortly after Japan surrendered to the Allied forces in 1945. Having occupied most of the country by mid-1949, the Chinese Communists proclaimed in Beijing the establishment of the People's Republic of China (PRC) on October 1, 1949. The Nationalist Government retreated to Taiwan, an island of 13,969 square miles just 90 miles off the coast of the Chinese Mainland, in December that year and continued to call itself the Republic of China (ROC). Sporadic battles continued in coastal areas of the Chinese Mainland.
Topic:
Foreign Policy and Government
Political Geography:
United States, Japan, China, Israel, Taiwan, Beijing, East Asia, Asia, and Island

5249. The Chinese Economy: WTO, Trade, and U.S.-China Relations

Author:
Barry Naughton
Publication Date:
01-2003
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
The Chinese economy is showing extraordinary dynamism, which partly reflects the early impact of the commitments in China's WTO accession agreement to liberalize the economy. Incoming foreign investment has increased, and trade has grown rapidly. At the same time, China is grappling with serious economic problems that may worsen in the near future. The most difficult problem in crafting China policy is deciding how to respond flexibly to this extraordinary mixture of dynamism and fragility. Rapid growth gives the Chinese economy remarkable resilience; but deep-seated institutional weakness and stubborn problems of poverty and unemployment create dangers of social and economic disruption. An effective U.S. China policy must navigate between the extremes of over-estimating China's current economic strength and under-estimating her potential.
Topic:
Economics, International Political Economy, and International Trade and Finance
Political Geography:
United States, China, and Asia

5250. Chinese Military Power

Author:
Harold Brown, Adam Segal, and Joseph W. Prueher
Publication Date:
05-2003
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
The People's Republic of China (PRC) is currently engaged in comprehensive military modernization. This report addresses the state of China's military capability, assesses the current capabilities of the People's Liberation Army (PLA), and establishes milestones for judging the future evolution of Chinese military power over the next twenty years. These assessments and milestones will provide policymakers and the public with a pragmatic and nonpartisan approach to measuring the development of Chinese military power. They will allow observers of Chinese military modernization to determine the degree to which changes in the quantity and quality of China's military power may threaten the interests of the United States, its allies, and its friends; and how the United States should adjust and respond politically, diplomatically, economically, and militarily to China's military development.
Topic:
Defense Policy
Political Geography:
United States, China, and Asia

5251. Taiwan Strait III: The Chance of Peace

Publication Date:
06-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Apparently irreconcilable positions on the 'one China' principle have emerged between China and Taiwan over the last decade, with Taiwan for some time now asserting not only that it is a separate political entity but an independent sovereign country. China for its part remains absolutely unwilling to compromise its position that Taiwan and the mainland are part of one country, and has not renounced the use of force as a means of making that principle a reality. The risk of war between them must, accordingly, continue to be taken seriously.
Topic:
International Relations, Peace Studies, and Sovereignty
Political Geography:
China, Taiwan, and Asia

5252. Taiwan Strait II: The Risk of War

Publication Date:
06-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
China's underlying position on its cross-Strait relations, however strong its current commitment to peaceful diplomacy, is that Taiwan must make sustained, visible progress toward a peaceful settlement or risk a resort to armed hostilities. It has also indicated that any move by Taiwan that might demonstrate its substantive rejection of this new demand could well be the last straw.
Topic:
International Relations, Sovereignty, and War
Political Geography:
China, Taiwan, and Asia

5253. Taiwan Strait I: What's Left of 'One China'?

Publication Date:
06-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
In the last decade, Taiwan has moved slowly but surely away from its commitment to the idea of 'one China', the proposition, long agreed on both sides of the Taiwan Strait, that Taiwan and the mainland are parts of one country. This has led to steadily mounting tension between Taiwan and China, for both of whom the issue goes to the heart of their sense of identity. While the prospect of an outbreak of war across the Strait remains distant, action is needed by all relevant parties to contain and reverse the situation.
Topic:
Government, Politics, and Sovereignty
Political Geography:
China, Taiwan, and Asia

5254. Revaluing the renminbi: a case of 'déjà vu all over again'?

Author:
Mark P Thirlwell
Publication Date:
11-2003
Content Type:
Policy Brief
Institution:
Lowy Institute for International Policy
Abstract:
There are strong parallels between today's US-China tensions over trade and US-Japan economic relations in the 1980s.
Topic:
Economics
Political Geography:
United States, Japan, China, Israel, East Asia, and Asia

5255. Clean Air for Asia - China - India - Japan - United States Cooperation to Reduce Air Pollution in China and India

Author:
Richard L. Lawson, John R. Lyman, Donald L. Guertin, Tarun Das, Shinji Fukukawa, and Yang Jike
Publication Date:
07-2003
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
For China and India, rapid economic growth is imperative to alleviate poverty, raise income levels and improve their citizens' quality of life. In 2000, China and India's combined populations of 2.3 billion represented over 38 percent of the world's population. With both countries determined to grow their economies rapidly, there will be an associated rapid rise in energy demand. One of the most significant problems facing the two countries is the existing and increasing level of air pollution that will accompany growing energy consumption. This report focuses on the challenge of developing economic, energy, and environmental policies that will complement existing policies designed to reconcile the drive for economic growth with the need for greater environmental protection of air quality.
Topic:
Economics and Environment
Political Geography:
United States, Japan, China, India, and Asia

5256. Free Movement of People, Goods, Services and Capital in View of the Context of Stability Pact

Author:
Mladen Stanicic
Publication Date:
02-2003
Content Type:
Working Paper
Institution:
Austrian National Defence Academy
Abstract:
The Stability Pact is a strategic concept whose aim is to warrant long- term peace and stability in South-Eastern Europe. It is becoming an indispensable element of the global security structure which is currently being constructed in relations between the big powers, the USA, Russia and China, with the active participation of the United Nations, the European Union, international financial institutions and individual countries. As one of the sponsors of the pact, the European Union is keenly interested in stability and peace among its next-door neighbours, some of whom are covered by the pending eastern enlargement. This enlargement is intended to transcend centuries of civilisational and religious divisions in Europe, the causes of many political and armed conflicts in the past. The vision of Europe in the 21st century, reaching all the way to the borders of the former Soviet Union, is that of a multicultural community encompassing states with diverse civilisational, religious, ethnic and cultural characteristics.
Topic:
Security, Globalization, International Cooperation, and International Trade and Finance
Political Geography:
Russia, United States, China, Europe, and Eastern Europe

5257. The Bush Administration's Nuclear Strategy and Its Implications for China's Security

Author:
Tian Jingmei
Publication Date:
03-2003
Content Type:
Working Paper
Institution:
Center for International Security and Cooperation (CISAC), Stanford University
Abstract:
Since the Bush administration took office, and especially since excerpts of the Nuclear Posture Review were released, there have appeared in America some heated arguments about the Bush administration's changes to the Clinton administration's nuclear strategy, what consequences these changes would produce, and what influences they would exert on international and regional security. Different people have different views. The purpose of this working paper is to find solutions to these key issues. The effects of the Bush administration's nuclear strategy on China's security are also discussed.
Topic:
Security, Nuclear Weapons, and Politics
Political Geography:
China, America, and Asia

5258. CERI: Developing Border Cooperation between China and Russia

Author:
Sébastien Colin
Publication Date:
07-2003
Content Type:
Working Paper
Institution:
Centre d'Etudes et de Recherches Internationales (CERI)
Abstract:
Since the resumption of talks between China and Russia – still the Soviet Union when this occurred in the mid-1980s, relations between the two countries have been particularly dynamic. On the international level, the two countries in fact share the same viewpoint on a number of issues. These mutual concerns led to the signing of a strategic partnership in 1997, then a new treaty of friendship in 2001. The complementarity between the two countries in the energy and arms sectors also stimulates cooperation. However, this alliance is not without its limits. The United States, its primary target, can easily short-circuit it, as it did just after the September 11, 2001 attacks. In the field of cooperation, the intensity and structure of trade between the two countries are both inadequate. The rise in trade during the 1990s was very uneven and marked by a drop between 1994 and 1996. The main causes of this are situated at the local echelon along the Chinese-Russian border. After the dynamism characteristic of the 1988-1993 period, the opening of the border triggered new problems, such as illegal Chinese immigration in the little-inhabited border zones of Russia. Although this trend caused friction among the local Russian population, it was mainly the retrocession of certain Russian territories to China when the border was demarcated between 1993 and 1997 that radicalized the inhabitants, paralyzing border cooperation. The Russian and Chinese government played an active role in attempting to resolve most of these disputes, as the Tumen program illustrated. Since then, the various authorities in the two countries have tried to revitalize border cooperation, but a number of problems remain that are mainly economic in nature and vary depending on the border region.
Topic:
Development and International Cooperation
Political Geography:
Russia, United States, China, Europe, and Asia

5259. In Search of 'Suitable Positions' in the Asia Pacific: Negotiating the U.S. China Relationship and Regional Security

Author:
Evelyn Goh
Publication Date:
09-2003
Content Type:
Working Paper
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
This paper argues that the crucial determinant of Asia-Pacific security is whether the US and China can negotiate their relationship and their relative positions and roles in such a way as to produce sustainable regional stability. It examines three alternative models to assess some of the possible processes and outcomes in negotiating Sino-American coexistence. (I) Power transition, in which there is a significant structural shift in the regional system as a rising China challenges US dominance, with a range of possible outcomes; (II) The maintenance of the status quo of US strategic dominance over the region, which China does not challenge concentrating instead on inernal consolidation and on developing its economic power; and (III) Negotiated change, by which the two powers coordinate to manage a more fundamental structural transformation, either through froming a concert (duet) of power, or by moving towards a regional security community. The paper suggests that Model II is likely for the short-to medium-term; Model III for the medium term; and Model I for the long term.
Topic:
Security
Political Geography:
United States, China, Israel, and Asia

5260. The Correlates of Nationalism In Beijing Public Opinion

Author:
Alastair Iain Johnston
Publication Date:
09-2003
Content Type:
Working Paper
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
In the past public opinion has never really been an important issue in Chinese foreign policy studies for obvious reasons. China, after all, is not a country where voters can recall poorly performing political leaders. Foreign policy is still one of the most sensitive public policy issues where unapproved or sharp public dissent and criticism can be politically risky. And the Chinese political system is still a dictatorship.
Topic:
International Relations and Nationalism
Political Geography:
China and Beijing