This article examines the logic of China's corporate restructuring. It argues that there is a political logic that mediates the pattern of corporate restructuring that has occurred in China since the 1990s. Even though China's officials need not worry about being voted out of office, they must worry about the political fallout from restructuring. Privatization cannot be allowed to proceed unless provisions are made to placate workers who will be affected by the enterprise restructuring. The mixing of political and economic agendas has implications for the sequencing of restructuring and privatization. It affects not only the speed and the nature of the reforms, but also which enterprises can be declared bankrupt or sold. Such constraints explain why some forms of corporate restructuring are preferred over others, why ailing and already dead firms that have stopped production remain open, and why some firms for which there are takers are not privatized. Political constraints in China have resulted in significant restructuring but relatively little genuine privatization. Restructuring and privatization are distinct and separate processes that do not necessarily lead from one to the other. This paper is based on extensive interviewing and supplemented by a survey of over 400 enterprises, with time series information from 1994 to 2000.

Payment incentives have significant consequences for the equity and efficiency of a health care system, and have recently come to the fore in health policy reforms. This paper first discusses the economic rationale for apparent international convergence toward payment systems with mixed demand and supply-side cost sharing. We then summarize the recent payment reforms undertaken in Taiwan, Korea and China. Available evidence clearly indicates that incentives matter, and that supply-side cost sharing in particular can improve efficiency without undermining equity. Further study and monitoring of quality and selection is warranted.

The usefulness and political implications of Area Studies programs are currently debated within the Academy and the Administration, where they are often treated as one homogenous and stagnant domain of scholarship. The essays in this volume document the various fields' distinctive character and internal heterogeneity as well as the dynamism resulting from their evolving engagements with funders, US and international politics, and domestic constituencies. The authors were chosen for their long-standing interest in the intellectual evolution of their fields. They describe the origins and histories of US-based Area Studies programs, highlighting their complex, generative, and sometimes contentious relationships with the social science and humanities disciplines and their diverse contributions to the regions of the world with which they are concerned.

Tan Lifu was a Red Guard leader whose August 1966 speech in defence of the Party's class line and his university's work team has long been considered key evidence for social interpretations of Red Guard factionalism. New documentation including the complete transcript of the original speech shows that Tan's case deviates sharply from the reputed profile of conservative students. Tan in fact espoused a version of the Party's class line that did not differ from the one advocated by those who denounced him; his rebel opponents at Beijing Industrial University were also organized and led by students from revolutionary cadre backgrounds; and Tan supported the (second) work team sent to his school because (unlike the first) it conducted a ferocious purge of a Party leadership against whom Tan harboured strong grievances. The case illustrates the ways that the politics of the work team period split students from similar backgrounds into opposing camps rather than sorting them into factions based on differences in family background.

The dramatic reassessment of U.S. foreign policy priorities in the wake of the September 11, 2001 terrorist attacks has affected virtually every country in Asia, and underscored the extent to which America's own security is directly tied to that of the broader Asia-Pacific region.

While no Asian countries were affected by September 11th, their responses differed in significant ways. Given the political, economic, and security interests of the United States in the region, it is essential that both Americans and Asians contribute to solvng problems of mutual concern -- from the "traditional" security challenges of the Korean peninsula, China-Taiwan, and India-Pakistan to religious extremism, globalization, and international terrorism. This volume, America's Role in Asia: American Views, and its companion volume, America's Role in Asia: Asian Views, resulted from a year-long project on U.S.-Asian relations sponsored by The Asia Foundation. Each volume puts forward views and recommendations for U.S. policy toward the region by a distinguished group of Asian and Americans. If workable solutions are to be found, perspectives from both sides of the Pacific must be heard.

In developing a strategy toward North Korea, many human rights activists and members of U.S. Congress have mistakenly applied experiences drawn from East-West relations during the Cold War. The recent culmination of this strategy, the congressional passage of the North Korea Human Rights Act, has only compounded this mistaken interpretation. Unlike Eastern Europe or the Soviet Union of the 1970s and 80s, North Korea possesses no civil society, critical intelligentsia, or significant variant of "reform communism." There are no opportunities for civil society actors to connect with indigenous democratic movements. Furthermore, attempts to "link" any security or arms control deals with North Korea to improvements in the human rights realm -- as the recent legislation tries to do -- will likely result in neither greater security nor improved human rights conditions.

John Feffer is a Pantech Fellow at the Korea Studies Program at Stanford University and the author of North Korea, South Korea: U.S. Policy at a Time of Crisis (Seven Stories Press, 2003) and Shock Waves: Eastern Europe After the Revolutions (South End Press, 1992).