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

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Book Details

Format Hardback or Cased Book
ISBN-10 0804759626
ISBN-13 9780804759625
Edition New
Publisher Stanford University Press
Imprint Stanford University Press
Country of Manufacture US
Country of Publication GB
Publication Date Oct 16th, 2008
Print length 208 Pages
Weight 454 grams
Ksh 9,350.00
Werezi Extended Catalogue 0 in stock

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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.

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.


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