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О некоторых свойствах наблюдаемого экономического роста в Китае (On Some Features of the Observed Economic Growth in China)

Author

Listed:
  • Konstantin Yanovskiy

    (Gaidar Institute for Economic Policy)

  • Dmitry Maslov

    (Gaidar Institute for Economic Policy)

Abstract

Экономический рост современного Китая впечатляет многих. Эта страна предлагается в качестве модели для подражания экономистами с совершенно противоположными взглядами: от либертарианских до этатистских. Авторы попытались показать, что: - китайский экономический рост менее устойчив, чем кажется; - власти страны, особенно в последние годы, совершают действия, подрывающие стабильность роста; Феномен быстрого экономического роста с огромным притоком иностранных инвестиций и бурным ростом экспортоориентированного сектора. Ключевую роль для Китая сыграло прекращение массовых репрессий при легализации бизнеса, создании индивидуальных неформальных гарантий для отечественных и иностранных предпринимателей. То есть предприниматель не лишался свободы и имущества только из-за воли властей, которая была не ограничена законом или какой-либо внутренней или внешней силой. Изменение политической ситуации вместе с накопленным запасом финансовой прочности создали соблазн усилить контроль над экономикой путем отказа от гарантий сначала для отечественного бизнеса, а затем и для иностранного. Именно это и происходит сейчас: когда начались аресты не только предпринимателей – граждан Китая, но и предпринимателей-нерезидентов. In this article authors focused on factors of Chinese economic miracle. Majority of economists are deeply impressed by high rate of China's economic growth. They are going to search for explanations of the coming new successes of this country. The missed point of these assessments is lack of attention to the new trend of poor formalized China institutions' development. Clearly observable in the modern Peoples Republic of China deterioration of entrepreneur's personal immunity informal guaranties means broken guaranties for private property. The government failure to defend (at least not make a threat) to private property could cause negative influence on China's economic growth in very Long Run.

Suggested Citation

  • Konstantin Yanovskiy & Dmitry Maslov, 2016. "О некоторых свойствах наблюдаемого экономического роста в Китае (On Some Features of the Observed Economic Growth in China)," Working Papers 150, Gaidar Institute for Economic Policy, revised 2016.
  • Handle: RePEc:gai:wpaper:150
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    More about this item

    Keywords

    China model; foreign direct investment; personal owners' rights informal guaranties; informal rules violation; arbitrary arrests;
    All these keywords.

    JEL classification:

    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • P37 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Legal
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies
    • N45 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Asia including Middle East
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption

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