State Collaboration and Development Strategies in China (Routledgecurzon Studies in the Growth Economies of Asia, 44)

This book looks at Singapore and China to examine governmental collaboration on a foreign direct investment oriented strategy. Focusing on the unique collaborative venture, the Suzhou Industrial Park project, the author explores the economic, political and social relationships between Singapore and China throughout the course of the scheme as well as discussing why certain strategies were adopted, how they were implemented and their outcomes. "The Suzhou Industrial Park Project, a collaborative venture between the governments of China and Singapore, began in 1992 in order for both countries to mutually benefit from foreign direct investment. In an era of rapid economic globalization, in which national governments were competing rather than collaborating, this project was highly unusual. This book focuses on the various relationships between the two governments throughout the course of the venture as well as examining why certain strategies were adopted, how they were implemented and their outcomes." "Pereira outlines the aim of the two governments: to develop an industrial estate within China comparable to those in Singapore which, in turn, would encourage industrial transnational corporations to locate there and bring economic development to both countries. The effectiveness of this strategy is evaluated from the perspective of the clients (transnational corporations) as well as the China and Singapore governments, and also takes into account external factors such as the impact of regional shocks and local competitors. In this way both the successes and the failures of inter-governmental collaboration are explored." "Derived from extensive fieldwork in Suzhou and Singapore, State Collaboration and Development Strategies in China forms the first full length, long-term study of the project. By scrutinizing national economic development strategies, particularly those that rely on foreign direct investment, this book will appeal to a wide audience including economic sociologists, policy makers and development consultants as well as students of business and Asian studies."--Jacket Book Cover......Page 1 Title......Page 4 Contents......Page 5 List of tables......Page 10 Acknowledgements......Page 12 Competition and collaboration......Page 14 Convergence......Page 34 Construction......Page 64 Complementary collaboration......Page 96 Crisis......Page 128 Disengagement......Page 154 Conclusions......Page 180 References......Page 188 Index......Page 198