After the WTO: Rise or New Dependency?

Jianyong Yue
Additional contact information
Jianyong Yue: London School of Economics and Political Science

Chapter 7 in China's Rise in the Age of Globalization, 2018, pp 271-331 from Palgrave Macmillan

Abstract: Abstract Globalization has had a twofold effect on China’s economic development after its WTO entry, by stimulating a Ricardian growth miracle but inhibiting China’s catching up. “Growth without development,” which characterizes China’s model of development, did not make China another Germany or Germany, but rather reinforced its dependent development. China’s peaceful rise rhetoric precisely highlighted its developmental quagmire in the age of globalization, and hence its inability to challenge the “fundamental order of the international system.” The unholy alliance between Chinese crony capitalism and global capitalism, nonetheless, has made any effort of the regime to seek an “alternative” extremely difficult.

Keywords: Double effect; Ricardian growth miracle; Catching up; Growth without development; China model; Dependent development; Peaceful rise; Developmental quagmire; Unholy alliance; Seek “alternative” (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palscp:978-3-319-63997-0_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9783319639970

DOI: 10.1007/978-3-319-63997-0_7

Access Statistics for this chapter

More chapters in Palgrave Studies in Economic History from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().