Research Article


DOI :10.26650/SJ.2020.40.2.0059   IUP :10.26650/SJ.2020.40.2.0059    Full Text (PDF)

Financialization and Enhancement of State Resource Mobilization Capacity

Liu ChangxiGui YongYu Qin

From the financial perspective, this article discusses how China as a developmental government enhances its state capacity under the condition of market economy. Through constructing an analysis framework between financialization and the enhancement of state resource mobilization capacity, this article attempts to systematically discuss the core mechanism that China applies to strengthen state control and resource mobilization ability through the leading financial system. Through facilitating the growth of key financial organizations, appointing shareholding of important financial organizations and senior managers, to mold the economic and political preference of senior managers of financial organizers, control and guide the regulations of the financial market, China has realized its supervision over financial system. Thus, under the effect of financialization mechanism, doubletrack system of interest rate, state’s capacity of controlling and mobilizing resources has been enhanced. It is believed in this article taht, under the state-led financialization model, finance has its unique mechanism in enhancing state capacity, which is of great significance to understanding state developmentism.


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APA

Changxi, L., Yong, G., & Qin, Y. (2020). Financialization and Enhancement of State Resource Mobilization Capacity. İstanbul University Journal of Sociology, 40(2), 723-744. https://doi.org/10.26650/SJ.2020.40.2.0059


AMA

Changxi L, Yong G, Qin Y. Financialization and Enhancement of State Resource Mobilization Capacity. İstanbul University Journal of Sociology. 2020;40(2):723-744. https://doi.org/10.26650/SJ.2020.40.2.0059


ABNT

Changxi, L.; Yong, G.; Qin, Y. Financialization and Enhancement of State Resource Mobilization Capacity. İstanbul University Journal of Sociology, [Publisher Location], v. 40, n. 2, p. 723-744, 2020.


Chicago: Author-Date Style

Changxi, Liu, and Gui Yong and Yu Qin. 2020. “Financialization and Enhancement of State Resource Mobilization Capacity.” İstanbul University Journal of Sociology 40, no. 2: 723-744. https://doi.org/10.26650/SJ.2020.40.2.0059


Chicago: Humanities Style

Changxi, Liu, and Gui Yong and Yu Qin. Financialization and Enhancement of State Resource Mobilization Capacity.” İstanbul University Journal of Sociology 40, no. 2 (May. 2024): 723-744. https://doi.org/10.26650/SJ.2020.40.2.0059


Harvard: Australian Style

Changxi, L & Yong, G & Qin, Y 2020, 'Financialization and Enhancement of State Resource Mobilization Capacity', İstanbul University Journal of Sociology, vol. 40, no. 2, pp. 723-744, viewed 13 May. 2024, https://doi.org/10.26650/SJ.2020.40.2.0059


Harvard: Author-Date Style

Changxi, L. and Yong, G. and Qin, Y. (2020) ‘Financialization and Enhancement of State Resource Mobilization Capacity’, İstanbul University Journal of Sociology, 40(2), pp. 723-744. https://doi.org/10.26650/SJ.2020.40.2.0059 (13 May. 2024).


MLA

Changxi, Liu, and Gui Yong and Yu Qin. Financialization and Enhancement of State Resource Mobilization Capacity.” İstanbul University Journal of Sociology, vol. 40, no. 2, 2020, pp. 723-744. [Database Container], https://doi.org/10.26650/SJ.2020.40.2.0059


Vancouver

Changxi L, Yong G, Qin Y. Financialization and Enhancement of State Resource Mobilization Capacity. İstanbul University Journal of Sociology [Internet]. 13 May. 2024 [cited 13 May. 2024];40(2):723-744. Available from: https://doi.org/10.26650/SJ.2020.40.2.0059 doi: 10.26650/SJ.2020.40.2.0059


ISNAD

Changxi, Liu - Yong, Gui - Qin, Yu. Financialization and Enhancement of State Resource Mobilization Capacity”. İstanbul University Journal of Sociology 40/2 (May. 2024): 723-744. https://doi.org/10.26650/SJ.2020.40.2.0059



TIMELINE


Submitted02.06.2020
Accepted29.10.2020
Published Online31.12.2020

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