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This paper presents two competing views on China's growth experience over the past three decades. For the sake of illustrative ease and brevity I label these two opposing views as the Beijing Consensus and the Washington Consensus. The Beijing Consensus interprets China's economic growth as a function of innovations in the state sector, including close financial controls, state ownership of firms, and political controls in favor of economic growth. The Washington Consensus views China's experience much the same as growth experiences elsewhere—that is, as a result of financial liberalization, private entrepreneurship, and political opening. Contrary to the established views among China scholars, this paper argues that the Washington Consensus view fits with the Chinese growth experience better.
Call Number | Location | Available |
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AMP2402 | PSB lt.dasar - Pascasarjana | 1 |
Penerbit | Briarcliff Manor, NY: Academy of Management 2010 |
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Edisi | Vol. 24, No. 2, May 2010 |
Subjek | Financial liberalization Economic reforms washington consensus China's economic growth Beijing Consensus state sector innovations |
ISBN/ISSN | 15589080 |
Klasifikasi | NONE |
Deskripsi Fisik | 17 p. |
Info Detail Spesifik | Academy of Management Perspectives |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas |