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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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
3102.
Find related papers by JEL classification: F19 - International Economics - - Trade - - - Other B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary P33 - Economic Systems - - Socialist Institutions and Their Transitions - - - International Linkages
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