Institutions, Ideation, and Diffusion of Japan’s and China’s Overseas Infrastructure Promotion Policies
Jessica C. Liao and
Saori N. Katada
New Political Economy, 2022, vol. 27, issue 6, 944-957
Abstract:
This article examines Japan’s (1980s-90s) and China’s (2000s-10s) overseas infrastructure promotion campaigns. We explain how developmentalism, i.e. the state’s active engagement in economic development, has given rise to these two go-global campaigns, as the governments of both countries sought to expand industrial policy outward to compensate for domestic political economic problems. We explain how Japan, the go-global forerunner, influenced China, the go-global latecomer, and how China has formulated its own campaign strategies based on its distinct institutional and ideational settings as well as lessons derived from Japan’s past policy practices.
Date: 2022
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DOI: 10.1080/13563467.2021.1961219
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