Weak State, Strong Networks The Institutional Dynamics of Foreign Direct Investment in China

by Wang, Hongying

• ISBN13: 9780195906318
• ISBN10: 0195906314
• Format: Hardcover
• Copyright: 2001-11-08
• Publisher: Oxford University Press

Summary

This is a clearly written and well-paced discussion of how foreign companies have been able to invest in China and profit from their investments through informal relationships in the absence of consistently enforced formal legal protection for such business investments.

Table of Contents

List of Tables	ix
List of Figures	x
Preface	xi
Institutions and Foreign Direct Investment	1	(22)
Institutions and Economic Development
Institutions and International Relations
Institutions and Foreign Direct Investment
Foreign Direct Investment in China
Overview of the Book
PART 1 WEAK STATE
Chinese Legal Traditions	23	(17)
Imperial Heritage
The Communist Legacy
Recent Legal System Reforms
Legal Framework of Foreign Direct Investment: A Macro-Perspective	40	(19)
Domestic Law
International Regimes
Limitations of the Formal Institutional Framework
Institutional Problems of Foreign Direct Investment: A Micro-Perspective	59	(28)
Negotiation
Operation
Contract Enforcement
Dispute Settlement
PART 2 STRONG NETWORKS
Personal Networks and Foreign Investment	87	(27)
The Meaning of Guanxi
A Network Society
Guanxi as Complement
Guanxi as Compensation
The `Magic' of Guanxi
Analysis
The Art of Networking	114	(29)
Cultivating Personal Connections
Nuances of Guanxi
Variations
Domestic Structure and Agents of Transnationalization	143	(24)
Domestic Structure and Transnational Networks Ethnic Chinese Connections
Three Conclusions	167	(19)
The Limits of Personal Networks
The Future of Institutional Change
Theories Revisited
Bibliography	186	(17)
Chinese Newspapers and Periodicals	203	(1)
Index	204