From Iron Fist to Invisible Hand : The Uneven Path of Telecommunications Reform in China

119.02 SGD
Member Price
107.12
English

Product Description

From Iron Fist to Invisible Hand uses telecommunications policy as a window to examine major contradictions in China's growth as an economic and political superpower. While China policy analysts wonder why the government occasionally restrains growth and raises prices, technologists marvel at how the telecommunications industry continues to grow enormously despite constraints and unpredictability in the market. Frustration is pervasive in the business environment, where regulations are constantly changing. This book provides six policy-focused case studies, each centered on a question with implications for telecome stakeholders, such as: Who is the regulator?Who are the regulated? Which foreigners can enter China, thereby regulating wholesale prices, setting consumer prices, and introducing Internet and innovative technologies? These cases explain the government's liberal and conservative approach toward reform, the policies that both promote and constrain business, and the major hurdles that lie ahead in telecommunications reform.

This book explores the surprising failure of Chinese telecommunications policy to maintain an orderly market in the face of business and technological innovation, including the Internet, and suggests that a more pluralistic decision-making process, which includes the views of businesses and consumers, would actually strengthen the state's power.

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