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ID:
134760
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| Summary/Abstract |
The implementation of a free trade area between China and ASEAN has enhanced economic links between them. In spite of this, China’s Southeast Asian neighbours still have strong strategic misgivings about the country’s growth in wealth and power. China’s energy rise, in the form of surging demands and an expanding presence, has added a new ingredient in Sino-Southeast Asian relations. From the combined perspectives of both economic mercantilism and economic liberalism, this article analyses the implications of China’s energy rise on its Southeast Asian neighbours, and the doubts and debates that surround them. Such impacts arguably are mixed, and the more important aspect of such impacts arises not from China’s surging demand per se, but rather from the policies it created to deal with it.
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| 2 |
ID:
107293
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| 3 |
ID:
127646
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| Publication |
2013.
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| Summary/Abstract |
Through two illustrative case studies of enterprise reform in Henan Province, we examine the underlying political contentions behind the changing roles of local government in the process of the corporatization and asset restructuring of state-owned enterprises (SOE) starting in the late 1990s. As SOEs lose their ability to meet the multitude of resource demands from central and local officials, they become sites of inter-governmental conflicts that produce a no-win situation for the SOE and fiscal and social uncertainties for those communities trying to exit the socialist economy. Our first case study is Puyang municipal government, which leveraged its regulatory authority to exact heavy side-payments in return for not obstructing the corporatization of Zhongyuan Oilfield; the second case involves Zhengzhou city officials colluding with provincial bureaucrats and the state-appointed managers of the Yutong Bus Company in an insider privatization that effectively circumvented a specific Ministry of Finance prohibition.
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