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Finance, development and the Chinese entrepreneurial state: A Schumpeter- Keynes – Minsky approach

Author

Listed:
  • Leonardo Burlamaqui

    (Associate Professor of Universidade do Estado do Rio de Janeiro (UERJ), and research scholar of The Levy Institute (New York))

Abstract

The paper’s central claim is that China’s speed and ability to leapfrog its peer-nations in the last three decades stems, largely, from the fact that it is a fully developed Entrepreneurial State (ES). The discussion seeks to dig deeper on ES as a bridging concept that fits well with the Schumpeter-Keynes-Minsky analytical framework and one that is particularly appropriated analyzing contemporary China’s development trajectory. Although rooted in a historical perspective and using historical examples, the main purpose of the paper is analytical, not descriptive. JEL Classification: O1; O33; O38.

Suggested Citation

  • Leonardo Burlamaqui, 2015. "Finance, development and the Chinese entrepreneurial state: A Schumpeter- Keynes – Minsky approach," Brazilian Journal of Political Economy, Center of Political Economy, vol. 35(4), pages 728-744, October.
    • Handle: RePEc:ekm:repojs:v:35:y:2015:i:4:id:95344
    DOI: 10.1590/0101-31572015v35n04a03
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    Keywords

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    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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