000 01571naa a2200181uu 4500
001 10681
003 OSt
005 20190211155129.0
008 030203s2005 xx ||||gr |0|| 0 eng d
100 1 _aX. L. DING
_911477
245 1 0 _aInformal privatization through internalization :
_bthe rise of nomenklatura capitalism in China offshore businesses
260 _cjan.2000
520 3 _aChina's remarkable business expansion abroad since the mid-1980 cannot be explained simply by applying existing theories, which focus on conventional international businesses from capitalist systems. Many puzzling phenomena in Chinese investments abroad become intelligible only when we introduce a key variable - illicit privatization through internationalization. So far only advantageously-placed nomenklatura members and their kin have had acess to crossborder ownership, but many of them are accumulating sizeable private wealth at the cost of nationalized property. Contrary to an impression held by many in the West, the Chinese economy under Communist rule experiences spontaneous privatization parallel to what has happened in European postcommunist nations - though with a few Chinese characteristics. An examination of informal privatization in China's multinationals adds a new dimension to our understanding of the shift from state socialism to market capitalism
773 0 8 _tBritish Journal of Political Science
_g30, part 1, p. 121-146
_d, jan.2000
_w
942 _cS
998 _a20030203
_bLucima
_cLucimara
998 _a20060725
_b1356^b
_cQuiteria
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c10807
_d10807
041 _aeng