Neoliberalization in urban governance at the real estate turn: perspective from urban redevelopment in China

Xiang Li

Chapter 12 in A Research Agenda for Real Estate, 2022, pp 225-243 from Edward Elgar Publishing

Abstract: A new effort in China's economic transformation in cities is to form a participatory governance structure and promote real estate development. This effort has unfolded a second wave of Neoliberalisation that follows the first wave of marketization in the 1980s. This chapter explores the variegated transformation and localisation of neoliberalism by comparing these two waves Neoliberalisationin the context of changing urban governance in China. Findings reveal that the second wave of neoliberalism is increasingly connected with new modes of power configuration, concerned specifically with the deregulation and involvement of excluded social groups. The participatory governance structure is merely the consequences of participatory policy changes to address practical issues of urban (re)development rather than an overturn of the entire authoritarian institutional and political complex. The policy mobility in China is consistent with the institutional restructuring elsewhere in the Global South, reflecting a worldwide shift towards the real estate turn.

Keywords: Economics and Finance; Urban and Regional Studies (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781839103926/9781839103926.00021.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:19609_12

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().