A Study On The Function Of Social Capital And Business Associations In The Response To Anti-Dumpling Practices

With the booming of private economy in Wenzhou, where its social and cultural features provide a warm bed for private economy, Business Associations have become increasingly important in the formation of social capital—an inherent demand of private economy. Since China's entrance of WTO, Wenzhou's private enterprises have increasingly encountered anti-dumpling lawsuits from their foreign counterparts. How to succeed in its response to anti-dumpling lawsuits from their foreign counterparts must be high on the agenda in all private enterprises in Wenzhou. The social relationship between Wenzhou's private enterprises and Business Associations, therefore, is particularly noticeable in tackling anti-dumpling lawsuits from their foreign counterparts. Responding to anti-dumping has the characteristics of public goods, so the action "free-riding" has easily arisen and trapped the dilemma of collective actions.The author of this thesis, based on a case study of Wenzhou's private enterprises in its response to anti-dumpling lawsuits from their foreign counterparts from the angel of social capital, believes that Business Associations, as a vehicle of social capital, has their advantages in getting out of the dilemma of collective action while reacting to anti-dumpling lawsuits from their foreign counterparts. Meanwhile, the author holds that what has restrained the function of China's Business Associations in their response to anti-dumpling practices lies in the defect of the construction of business association system linked with social capital. Correspondingly, a series of countermeasures are put forward. At the end of the thesis, the author also offers some suggestions concerning the exertion of social capital effect and the perfection of anti-dumpling system.