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La transformation postsocialiste chinoise : ouverture économique et contrainte extérieure
[Chinese postsocialist transformation: economic opening and external constraint]

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  • El Karouni, Ilyess
  • Charles, Sébastien

Abstract

This article is an attempt to show that China's post-socialist transformation involved a change in its growth regime. Indeed, during the Maoist era, it took the form of a "forced growth" as theorized by Kornai (1972). In addition, "export aversion" was one of the main characteristics of Chinese external economic relations. Today, it is not the case anymore since China follows an export-led growth strategy. Nevertheless, this situation could be particularly difficult to manage with respect to its dependence on external demand in a context of low domestic-demand.

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File URL: http://mpra.ub.uni-muenchen.de/3102/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 3102.

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Date of creation: 2007
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Handle: RePEc:pra:mprapa:3102

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Keywords: Changement institutionnel; transformation postsocialiste; Chine; export-led growth;

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  1. Kornai, Janos, 1992. "The Socialist System: The Political Economy of Communism," OUP Catalogue, Oxford University Press, number 9780198287766, September.
  2. Kornai, Janos, 2000. "What the Change of System from Socialism to Capitalism Does and Does Not Mean," Scholarly Articles 3634160, Harvard University Department of Economics.
  3. Felipe, Jesus & Lim, Joseph Anthony, 2005. "Export or Domestic-led Growth in Asia?," Asian Development Review, Asian Development Bank, vol. 22(2), pages 35-75.
  4. Kornai, J, 1979. "Resource-Constrained versus Demand-Constrained Systems," Econometrica, Econometric Society, vol. 47(4), pages 801-19, July.
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