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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Abstract

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
Publisher:	Routledge
ISSN:	1356-9775
Date:	2011
Volume:	Vol.17
Number:	No.2
Page Range:	pp. 185-200
Identification Number:	10.1080/13569775.2011.565987
Status:	Peer Reviewed
Access rights to Published version:	Restricted or Subscription Access
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URI:	http://wrap.warwick.ac.uk/id/eprint/34597

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