 Developing or Under-developing? Implications of China’s ‘Going out’ for Late DevelopmentDic Lo ()
No 198, Working Papers from Department of Economics, SOAS University of London, UK Abstract: Since the turn of the century, China’s influence on world development has increased enormously. This paper seeks to analyse major attributes of the influence of China’s “going out†, centring on the argument that the influence has been in the main conducive to the rest of the developing world. Specifically, this paper offers a critique of relevant, popular theses such as “China’s neoliberalization crowds out world development†, “China under-cuts the conditions of the world’s working class†, and “China exhibits a tendency towards imperialism†, etc. It is argued that, in the context of a neoliberal world economy that is increasingly speculation-oriented, China’s production-oriented activities can be seen as an important countervailing force. Whether this China influence is to continue to be conducive to world development in the future, or to turn to become detrimental, depends critically on the broader political-economic context. Keywords: China; trade; investment; world development (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:soa:wpaper:198 Access Statistics for this paper More papers in Working Papers from Department of Economics, SOAS University of London, UK Contact information at EDIRC. |
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