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National system of institutional innovations and the institutional framework of China’s economic development

Author

Listed:
  • Adriano José Pereira

    (Universidade Federal de Santa Maria, Programa de Pós-graduação em Economia e Desenvolvimento, Santa Maria, RS, Brazil)

  • Antonio Carlos Diegues

    (Universidade Estadual de Campinas, Instituto de Economia, Campinas, SP, Brazil)

Abstract

This article addresses the complexity and breadth of China’s economic development since the Economic Reforms of 1978, from a macro-institutional perspective. It aims to understand the compatibility between the composition and configuration of the “institutional matrix,” encompassing the relationships among the state, markets, and enterprises. Particular emphasis is placed on the existence of a “deeply embedded institutional framework” as a fundamental component of China's economic planning, which extends across all administrative spheres and includes both domestic and foreign private sectors. This framework has supported ongoing institutional innovations, which have, in turn, been essential to the country's economic development. JEL Classification: O43; O21; P51.

Suggested Citation

  • Adriano José Pereira & Antonio Carlos Diegues, 2026. "National system of institutional innovations and the institutional framework of China’s economic development," Brazilian Journal of Political Economy, FGV EAESP, vol. 46(3), pages 263839-2638, August.
    • Handle: RePEc:ekm:repojs:v:46:y:2026:i:3:id:98983
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    Keywords

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    JEL classification:

    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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