The Chinese Developmental State: Threats, Challenges, and Prospects

ANDRÁS SZÉKELY-DOBY

《Issues & Studies》 56卷4期 (2020/12) Pp. 1-27

https://doi.org/10.1142/S1013251120500022

摘要

Over the last 40 years, China's development has been breath-taking. Its poor, centrally planned economy has been transformed into a middle-income capitalist one with a strong resemblance to highly successful East Asian economies like Taiwan and South Korea. It is argued here that China had become a developmental state by the mid- 1990s, showing most features of its predecessors. At the same time, differences such as its huge size, socialist past, and structural problems have made it increasingly clear that China's rapid growth rate is unsustainable. Instead of a strong and confident great power, one can only see a vulnerable giant with an inevitably decelerating economy.

關鍵字

China ； political economy ； developmental state ； economic development ； East Asia

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