Management in China

Systems Reform, Human Resources and Emergent Globalization


Warner, M.

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The Chinese economy has changed dramatically since 1978. The majority of enterprises are no longer in state ownership; indeed, China moved from a centralized command economy to a decentralized market socialist economy in less than a decade after the death of Mao Zedong in 1976, and is now the world’s second largest economy - in nominal GDP terms - after the USA. China’s spectacular rise has of course had drawbacks as well as benefits, not least the environmental cost and a widening of the income gap between rich and poor, but its government has now committed to creating a ‘harmonious society’, seeking to combine Marxist ideology with more traditional values. This book brings together a range of contributions by internationally known experts from a number of universities in various countries. The papers approach the subject from different disciplinary perspectives: some deal with macroeconomic issues, others with microeconomic ones. With subjects as diverse as business incubators, human resource management, small and medium-sized enterprises, international business strategy, state-owned firms, as well as Chinese/Indian comparisons, this publication examines how China’s remarkable economic transformation has come about and presents a number of analytical and empirical approaches to the study of Chinese management. Whatever else the future holds for the Chinese economy, there is no going back to the Maoist past, as most would agree. The overview of Chinese management presented here will be of great interest to China-watchers worldwide.