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China and the crisis : global power, domestic caution and local initiative

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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

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

Official Date:

2011

Dates:

Date	Event
2011	Published

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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