Why China's Democratic Transition Will Differ from Taiwan's
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The Causes and Effects of the Development of Semi-Competitive
Central European University The Causes and Effects of the Development of Semi-Competitive Elections at the Township Level in China since the 1990s By Hairong Lai Thesis submitted in fulfillment for the degree of PhD, Department of Political Science, Central European University, Budapest, January 2008 Supervisor Zsolt Enyedi (Central European University) External Supervisor Maria Csanadi (Hungarian Academy of Sciences) CEU eTD Collection PhD Committee Tamas Meszerics (Central European University) Yongnian Zheng (Nottingham University) 1 Contents Summary..........................................................................................................................................4 Acknowledgements..........................................................................................................................6 Statements........................................................................................................................................7 Chapter 1: Introduction .................................................................................................................8 1.1 The literature on elections in China ....................................................................................8 1.2 Theories on democratization .............................................................................................15 1.3 Problems in the existing literature on semi-competitive elections in China .....................21 1.4 Agenda of the current research..........................................................................................26 -
Wei Jingsheng and the Democracy Movement in Post-Mao China Merle David Kellerhals Jr
Old Dominion University ODU Digital Commons Institute for the Humanities Theses Institute for the Humanities Summer 1998 Wei Jingsheng and the Democracy Movement in Post-Mao China Merle David Kellerhals Jr. Old Dominion University Follow this and additional works at: https://digitalcommons.odu.edu/humanities_etds Part of the Asian History Commons, and the Political History Commons Recommended Citation Kellerhals, Merle D.. "Wei Jingsheng and the Democracy Movement in Post-Mao China" (1998). Master of Arts (MA), thesis, Humanities, Old Dominion University, DOI: 10.25777/7pt4-vv58 https://digitalcommons.odu.edu/humanities_etds/13 This Thesis is brought to you for free and open access by the Institute for the Humanities at ODU Digital Commons. It has been accepted for inclusion in Institute for the Humanities Theses by an authorized administrator of ODU Digital Commons. For more information, please contact [email protected]. WEI JINGSHENG AND THE DEMOCRACY MOVEMENT IN POST-MAO CHINA by Merle David Kellerhals, Jr B A. May 1995, College of Charleston A Thesis submitted to the Faculty of Old Dominion University in Partial Fulfillment of the Requirement for the Degree of MASTER OF ARTS HUMANITIES OLD DOMINION UNIVERSITY August 1998 Approved by: Jin Qiu (Director) hen Jie (Member) David Putney (Member) Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. UMI Number: 1391982 Copyright 1999 by Kellerhals/ Merle David, Jr. All rights reserved. UMI Microform 1391982 Copyright 1998, by UMI Company. All rights reserved. This microform edition is protected against unauthorized copying under Title 17, United States Code. UMI 300 North Zeeb Road Ann Arbor, MI 48103 Reproduced with permission of the copyright owner. -
Stimulus Loan Wanes and Shadow Banking Waxes Zhuo Chen, Zhiguo He, Chun Liu AUGUST 2019
WORKING PAPER · NO. 2019-29 The Financing of Local Government in China: Stimulus Loan Wanes and Shadow Banking Waxes Zhuo Chen, Zhiguo He, Chun Liu AUGUST 2019 A Program of 5757 S. University Ave. Chicago, IL 60637 Main: 773.702.5599 bfi.uchicago.edu The Financing of Local Government in China: Stimulus Loan Wanes and Shadow Banking Waxes? forthcoming in Journal of Financial Economics Zhuo Chena, Zhiguo Heb,∗, Chun Liuc aPBC School of Finance, Tsinghua University, No. 43, Chengfu Road, Haidian District, Beijing 100083, P.R. China bBooth School of Business, University of Chicago, and NBER, 5807 S Woodlawn Ave, Chicago, IL 60637 cSchool of Economics and Management, Tsinghua University, Beijing 100084, P.R. China Abstract The upsurge of shadow banking is typically driven by rising financing demand from certain real sectors. In China, the four-trillion-yuan stimulus package in 2009 was behind the rapid growth of shadow banking after 2012, expediting the development of Chinese corporate bond markets in the post-stimulus period. Chinese local governments financed the stimulus through bank loans in 2009, and then resorted to non-bank debt financing after 2012 when faced with rollover pressure from bank debt coming due. Cross-sectionally, using a political-economy-based instrument, we show that provinces with greater bank loan growth in 2009 experienced more municipal corporate bond issuance during 2012–2015, together with more shadow banking activities including Trust loans and wealth management products. China’s post-stimulus experience exhibits -
Taiwan After the Election
ANALYSIS CHINA TAIWAN AFTER THE ELECTION Introduction ABOUT by François Godement The Chinese have long been obsessed with strategic culture, power balances and geopolitical shifts. Academic institutions, think tanks, journals Taiwan is important as an unresolved issue. It is also the and web-based debate are growing in number and European Union’s fifth-largest trade partner in Asia and a quality and give China’s foreign policy breadth and source of major investment abroad. For years, Europe has depth. had a very simple two-sided declaratory policy – no use of China Analysis, which is published in both French force and no independence – that has been likened to a “one and English, introduces European audiences to China” policy. Under that mantle, relations have expanded, these debates inside China’s expert and think-tank including a visa-free policy of greeting Taiwanese tourists world and helps the European policy community and businessmen. For these reasons, Europe’s approach understand how China’s leadership thinks appears now stationary. During his first term in the past about domestic and foreign policy issues. While freedom of expression and information remain five years, President Ma Ying-jeou has greatly stabilised restricted in China’s media, these published political cross-strait relations, helped by China’s decision to sources and debates provide an important way of be patient. Taiwan has collected the economic profits and understanding emerging trends within China. also opened itself to visitors from the mainland for the first time since 1949. Each issue of China Analysis focuses on a specific theme and draws mainly on Chinese mainland sources. -
Public Finance for Renewable Energy in China: Building on International Experience
Public Finance for Renewable Energy in China: Building on international experience Richard Bridle Lucy Kitson August 2014 REPORT IISD iisd.org © 2014 The International Institute for Sustainable Development Published by the International Institute for Sustainable Development. International Institute for Sustainable Development The International Institute for Sustainable Development (IISD) contributes to sustainable development by advancing policy recommendations on international trade and investment, economic policy, climate change and energy, and management of natural and social capital, as well as the enabling role of communication technologies in these areas. We report on international negotiations and disseminate knowledge gained through collaborative projects, resulting in more rigorous research, capacity building in developing countries, better networks spanning the North and the South, and better global connections among researchers, practitioners, citizens and policy-makers. IISD’s vision is better living for all—sustainably; its mission is to champion innovation, enabling societies to live sustainably. IISD is registered as a charitable organization in Canada and has 501(c)(3) status in the United States. IISD receives core operating support from the Government of Canada, provided through the International Development Research Centre (IDRC), from the Danish Ministry of Foreign Affairs and from the Province of Manitoba. The Institute receives project funding from numerous governments inside and outside Canada, United Nations agencies, -
Rise of China and the Cross-Strait Relations by Philip Yang National Taiwan University
tik 5th Europe-Northeast Asia Forum i The Taiwan Strait and Northeast Asian Security Berlin, 15-17 December 2005 A conference jointly organised by Stiftung Wissenschaft und Politik (SWP), Berlin, the Korean Institute for International Studies (KIIS), Seoul, and the Federal Ministry of Defence, Berlin Discussion Paper Do Note Cite or Quote without Author’s Permission ftung Wissenschaft und Pol Sti Rise of China and the Cross-Strait Relations by Philip Yang National Taiwan University German Institute for International and Security Affairs SWP Ludwigkirchplatz 3–4 10719 Berlin Phone +49 30 880 07-0 Fax +49 30 880 07-100 www.swp-berlin.org In East Asia, the rise of China has dominated most regional policy discussion and deliberation. In almost every field of regional concerns, China’s rise has posed new challenges and brought profound implications. The impacts of China's rise on cross-strait relations are also heatedly discussed in Taiwan’s academia as well as media. China’s surging economy and newfound political clout expand its tool box in handling cross-strait relations and complicate U.S. role in dealing with the cross-strait political and military stalemate. With its missile deployments directed at Taiwan and the adoption of an anti-secession law threatening the use of force to deter Taiwan’s pursuance of de jure independence, China’s coercive cross-strait policy could severely challenge the island and its most important ally, the United States. However, China’s rising economic power and political status in the region have also been translated into a growing pool of “soft” power, affording Beijing increasing leverage on cross-strait issues. -
1 BRUCE J. DICKSON Department
BRUCE J. DICKSON Department of Political Science George Washington University Washington, D.C. 20052 202-994-4186; fax: 202-994-7743 e-mail: [email protected] Current Position George Washington University, Washington, D.C., 1993-. Chair, Political Science Department, 2016-present. Professor of Political Science and International Affairs, 2005-present. Associate Professor of Political Science and International Affairs, 1999-2005. Assistant Professor of Political Science and International Affairs, 1993-99. Director of Graduate Studies, Department of Political Science, 2004-2006. Director, Sigur Center for Asian Studies, 1998-2001, 2014-2016. Associate Editor, Problems of Post-Communism, 1996-2006. Education University of Michigan, Ann Arbor, 1986-1994. Ph.D. in Political Science, April 1994. University of Michigan, Ann Arbor, 1980-1982. M.A. in Asian Studies granted by the Center for Chinese Studies, August 1982. University of Michigan, Ann Arbor, 1976-1980. Double major in Political Science and English Literature. B.A. with Distinction, May 1980. Books The Dictator’s Dilemma: The Chinese Communist Party’s Strategy for Survival (New York: Oxford University Press, 2016). Allies of the State: Democratic Support and Regime Support among China’s Private Entrepreneurs (Harvard University Press, 2010), co-author with Jie Chen. Wealth into Power: The Communist Party’s Embrace of China’s Private Sector (New York and London: Cambridge University Press, 2008). Red Capitalists in China: The Party, Private Entrepreneurs, and Prospects for Political Change (New York and London: Cambridge University Press, 2003); also translated into Chinese and Russian. 1 China: Adapting the Past, Confronting the Future, co-editor with Thomas Buoye, Kirk Denton, Barry Naughton, and Martin K. -
Democracy in the Cities: a New Proposal for Chinese Reform
Bloch and TerBush: Democracy in the Cities: A New Proposal for Chinese Reform DEMOCRACY IN THE CITIES: A NEW PROPOSAL FOR CHINESE REFORM DAVID S. BLOCH* THOMAS TERBUSH** [I]t has been no easy job for a big developing country like China with a population of nearly 1.3 billion to have so considerably improved its hu- man rights situation in such a short period of time. -President Hu Jintao, People's Republic of China.' I. THE DILEMMA OF CHINESE DEMOCRACY A great deal has been written on the question of Chinese democracy. In practice and theory, democracy in China is enormously significant.2 This is because China is a rising military threat whose interests are often counter to those of the United States, as well as a demographic powerhouse with as much as a quarter of the world's population. In Mainland China, "the current official mythology.., holds that Chi- nese culture and democracy are incompatible."3 Many Mainland Chinese apparently believe that China's Confucian traditions are inconsistent with democratic practices--an idea with a pedigree that traces both to China's Attorney, Gray Cary Ware & Freidenrich LLP, Palo Alto, California; admitted in Cali- fornia and the District of Columbia; B.A., Reed College (41BK); M.P.H., J.D. with honors, The George Washington University; 1997 Fellow in International Trade Law, University In- stitute of European Studies, Turin, Italy. ** Economist and Senior Analyst, Electric Power Research Institute, Palo Alto, California and Tokyo, Japan; M.A., Ph.D., George Mason University. 1. President Hu Jintao, Enhanced Mutual Understanding and Trust Towards a Conserva- tive and Cooperative Relationship Between China and the United States, translated at www.asiasociety.org/speeches/jintao.htm (speech given by then-Vice President Hu Jintao). -
Limits to Autocracy: an Analysis of China's Renationalization
Limits to Autocracy: An Analysis of China’s Renationalization Zhangkai Huang Lixing Li School of Economics and Management National School of Development Tsinghua University Peking University [email protected] [email protected] Guangrong Ma Jun “QJ” Qian School of Finance Shanghai Advanced Institute of Finance Renmin University of China Shanghai Jiaotong University [email protected] [email protected] This version: June 23, 2017 Abstract We document large-scale reversal of privatization in China—local governments taking back shares in a quarter of previously privatized firms. Politicians who are not affiliated with any of the dominant political factions are more likely to waver under pressure and adopt renationalization. The failure to adhere to the privatization scheme reduces productivity and raises labor redundancy and firm leverage. The policy reversal casts doubt on the notion that autocracies have advantages in policy implementation: politicians without factional affiliation are disadvantaged in the promotion process and are more sensitive to unemployment pressure. JEL Classifications: G32, H11, P31, L22 Keywords: Renationalization, privatization, political faction, unemployment, productivity 1. Introduction Are autocracies superior in implementing economic policies than democracies? After all, since autocrats get their power through coercion, not election, it seems they may be good at pushing economically sound policies that might be politically costly under democracy. For example, Gary Becker states that: “Visionary leaders can accomplish more in autocratic than democratic governments because they need not heed legislative, judicial, or media constraints in promoting their agenda…Visionaries in democracies can accomplish much sometimes… However, their accomplishments are usually constrained by due process that includes legislative, judicial, and interest group constraints.” (Becker 2010). -
Pharmaceutical Policy in China
Pharmaceutical policy in China Challenges and opportunities for reform Elias Mossialos, Yanfeng Ge, Jia Hu and Liejun Wang Pharmaceutical policy in China: challenges and opportunities for reform Pharmaceutical policy in China: challenges and opportunities for reform Elias Mossialos, Yanfeng Ge, Jia Hu and Liejun Wang London School of Economics and Political Science and Development Research Center of the State Council of China Keywords DRUG AND NARCOTIC CONTROL PHARMACEUTICAL PREPARATIONS DRUG COSTS DRUG INDUSTRY HEALTH CARE REFORM HEALTH POLICY CHINA © World Health Organization 2016 (acting as the host organization for, and secretariat of, the European Observatory on Health Systems and Policies) All rights reserved. The European Observatory on Health Systems and Policies welcomes requests for permission to reproduce or translate its publications, in part or in full. Address requests about publications to: Publications, WHO Regional Office for Europe, UN City, Marmorvej 51, DK-2100 Copenhagen Ø, Denmark. Alternatively, complete an online request form for documentation, health information, or for permission to quote or translate, on the Regional Office web site (www.euro.who.int/pubrequest). The designations employed and the presentation of the material in this publication do not imply the expression of any opinion whatsoever on the part of the European Observatory on Health Systems and Policies concerning the legal status of any country, territory, city or area or of its authorities, or concern- ing the delimitation of its frontiers or boundaries. Dotted lines on maps represent approximate border lines for which there may not yet be full agreement. The mention of specific companies or of certain manufacturers’ products does not imply that they are endorsed or recommended by the European Observatory on Health Systems and Policies in preference to others of a similar nature that are not mentioned. -
Electoral Institutions, Political Participation, and Grassroots Democracy in Rural China
International Conference The Transformation of Citizen Politics and Civic Attitudes in Three Chinese Societies Panel Four Title of paper Electoral Institutions, Political Participation, and Grassroots Democracy in Rural China Presenter Szu-chien Hsu (Academia Sinica) My current academic interests focus on three issues. First, I focus on studying the nature of the current political regime in China. In a book I coauthored with several other Taiwanese scholars published recently, we used “degenerative totalitarianism” to describe the main feature of the current CCP regime. My second focus is to study the role of local government in economic development in coastal China. By combining the concepts of “developmental state” and “entrepreneurial state,” I raise “market state capitalism” as an analytical concept for this issue. The third focus is on the electoral institutions generated from the grassroots democracy in rural China. By tracing the evolution of the electoral institutions, I try to explain the logic of this evolution, and probe its democratic implication. Electoral Institutions, Political Participation, and Grassroots Democracy in Rural China Szu-chien Hsu Assistant Research Fellow Institute of Political Science, Academia Sinica Paper presented at the international conference of “The Transformation of Citizen Politics and Civic Attitudes in Three Chinese Societies” November 19-20, 2004 Taipei Organizer Institute of Political Science, Academia Sinica Co-sponsored by The Asian Barometer Survey Project, National Taiwan University Venue International Conference Room, Institute of European and American Studies, Academia Sinica (Conference version. Please do not cite.) Electoral Institutions, Political Participation, and Grassroots Democracy in Rural China Szu-chien Hsu Assistant Research Fellow Institute of Political Science, Academia Sinica I. -
The Financing of Local Government in China: Stimulus Loan Wanes and Shadow Banking Waxes? Forthcoming in Journal of Financial Economics
The Financing of Local Government in China: Stimulus Loan Wanes and Shadow Banking Waxes? forthcoming in Journal of Financial Economics Zhuo Chena, Zhiguo Heb,∗, Chun Liuc aPBC School of Finance, Tsinghua University, No. 43, Chengfu Road, Haidian District, Beijing 100083, P.R. China bBooth School of Business, University of Chicago, and NBER, 5807 S Woodlawn Ave, Chicago, IL 60637 cSchool of Economics and Management, Tsinghua University, Beijing 100084, P.R. China Abstract The upsurge of shadow banking is typically driven by rising financing demand from certain real sectors. In China, the four-trillion-yuan stimulus package in 2009 was behind the rapid growth of shadow banking after 2012, expediting the development of Chinese corporate bond markets in the post-stimulus period. Chinese local governments financed the stimulus through bank loans in 2009, and then resorted to non-bank debt financing after 2012 when faced with rollover pressure from bank debt coming due. Cross-sectionally, using a political-economy-based instrument, we show that provinces with greater bank loan growth in 2009 experienced more municipal corporate bond issuance during 2012–2015, together with more shadow banking activities including Trust loans and wealth management products. China’s post-stimulus experience exhibits similarities to financial market development during the U.S. National Banking Era. JEL: E61, G21, H72, O17 Keywords: Local Government Financing Vehicles, Municipal Corporate Bonds, Political Cycle, Shadow ?We thank Chong-En Bai, Jennifer Carpenter, Will