Nuti, Domenico Mario (2019) The Chinese alternative. Acta Oeconomica, 69 (s1). pp. 31-47. ISSN 0001-6373
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Abstract
The contemporary economic system developed by China in the last two decades, supremely successful in achieving economic growth, defies traditional classification. It has been variously defined as socialist (by Chinese leaders), capitalist (Kornai), state socialist (Coase and Wang), political capitalism (Milanovic), a unique system with features of both socialism and capitalism not conforming to either system (Kolodko). This essay seeks to support, substantiate and develop Kolodko’s notion of the uniquess of China, while expressing greater pessimism than Kolodko about the economic, social and political sustainability of that system, its merits as a beneficial engine of globalisation and growth, and its exportability to other countries in the developed West.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences / társadalomtudományok > H Social Sciences (General) / társadalomtudomány általában |
| Depositing User: | Eszter Bálint |
| Date Deposited: | 29 Jan 2019 07:36 |
| Last Modified: | 31 Jan 2021 00:19 |
| URI: | http://real.mtak.hu/id/eprint/90649 |
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