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Coexisting with China in the 21st Century

Gérard Roland

Acta Oeconomica, 2019, vol. 69, issue supplement1, 49-70

Abstract: Since Deng Xiaoping and reformers Hu Yaobang and Zhao Ziyang launched radical market reforms in China, the country became a capitalist economic system with a communist political regime, a regime never observed before in history. We discuss the nature of that regime, how stable it is likely to be over time and what the challenges are for democracies of international coexistence with this new regime in the twenty first century.

Keywords: China; globalization; capitalism; communism; trade (search for similar items in EconPapers)
JEL-codes: P00 P1 P2 P3 P5 (search for similar items in EconPapers)
Date: 2019
Note: I thank Chenggang Xu and Grzegorz Kolodko for valuable comments. All remaining errors are mine.
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Citations: View citations in EconPapers (1)

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