Infrasture investment in China: from central monopoly to multi-level partnership
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AbstractThis study attempts to understand the post-reform decentralization of infrastructure investment and transfer of responsibility in China. Changes in the institutional configuration of infrastructure investment are a refection of the ongoing process of state restructuring. Since the economic reform, infrastructure investment has transformed from being an exclusive central state-controlled operation to a central-local bargaining regime. The functions formerly exclusive to the central government are now scaling down to local governments, while scaling out to market actors. This has fuelled the formation of new partnerships in infrastructure development. However, the scaling down and scaling out processes have not led to the total retreat of the central state, nor the relaxation of state control. Using the Wuhan-Guangzhou High Speed Rail as an example, this paper investigates the inter-scalar and relational webs of multi-actor and multi-level governance in financing a major infrastructure project. Our main argument is that the state investment regime has now shifted from an exclusive, national monopoly to an intrinsic partnership, between different tiers of governments, and between the state and the market in order to meet the demands of development and to overcome the hurdles of state budget constraints.
All Author(s) ListCHEN Yanyan, XU Jiang
Journal nameAsian Geographer
Volume Number27
Issue Number1-2
PublisherTaylor & Francis (Routledge)
Place of PublicationChina, Hong Kong
Pages109 - 126
LanguagesEnglish-United Kingdom
KeywordsWuhan-Guangzhou High Speed Rail, Infastrucure investment, multi-level partnership

Last updated on 2021-16-09 at 01:49