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

Author

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  • Leonardo Burlamaqui

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.
    • Handle: RePEc:ekm:repojs:v:35:y:2015:i:4:p:728-744:id:247
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/247/237
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    Cited by:

    1. Bofinger, Peter & Geißendörfer, Lisa & Haas, Thomas & Mayer, Fabian, 2023. "Credit as an instrument for growth: A monetary explanation of the Chinese growth story," W.E.P. - Würzburg Economic Papers 107, University of Würzburg, Department of Economics.

    More about this item

    Keywords

    China; state; finance; Schumpeter; Keynes; Minsky;
    All these keywords.

    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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