China and the crisis : global power, domestic caution and local initiative
Breslin, Shaun. (2011) China and the crisis : global power, domestic caution and local initiative. Contemporary Politics, Vol.17 (No.2). pp. 185-200. ISSN 1356-9775
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Official URL: http://dx.doi.org/10.1080/13569775.2011.565987
Even though the global crisis had a quick and dramatic impact on Chinese exports, the Chinese government responded with a range of policy responses that have helped maintain high rates of growth. This success has helped propel China to the centre of global politics, accelerating what many perceive to be a power shift from the West to China. But these gains were achieved by reversing policy in previous years designed to make a fundamental shift in China‟s mode of development, and have highlighted the problems associated with making such a transition. At the moment that many are looking at the Chinese "model" as a potential alternative to the Washington Consensus, one of the consequences of the crisis is to further question the long term efficacy of this "model" in China itself.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HC Economic History and Conditions|
|Divisions:||Faculty of Social Sciences > Centre for the Study of Globalisation and Regionalisation|
|Library of Congress Subject Headings (LCSH):||Global Financial Crisis, 2008-2009, China -- Economic conditions -- 2000-, China -- Economic policy -- 2000-|
|Journal or Publication Title:||Contemporary Politics|
|Page Range:||pp. 185-200|
|Access rights to Published version:||Restricted or Subscription Access|
Akyüz, Y., 2010. Export Dependence and Sustainability of Growth in China and the East Asian Production Network. Geneva: South Centre Research Paper, No.27.
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