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The Financial Crisis and China’s “Harmonious Societyâ€

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  • Arjan de Haan

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Abstract

The global financial crisis has had a large negative impact on China’s economy, particularly on employment, but the government responses appear to have been effective. This article focuses on the social policy responses after the crisis, and how these are situated in the austere social policies that have come about since the economic reforms started in 1978, and the recent aims to create a “harmonious society†and the challenges and contradictions these contain.

Suggested Citation

  • Arjan de Haan, 2010. "The Financial Crisis and China’s “Harmonious Societyâ€," Journal of Current Chinese Affairs - China aktuell, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 39(2), pages 69-99.
  • Handle: RePEc:gig:chaktu:v:39:y:2010:i:2:p:69-99
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    File URL: http://hup.sub.uni-hamburg.de/giga/jcca/article/view/255
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    References listed on IDEAS

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    1. Prasad, Eswar S., 2009. "Is the Chinese growth miracle built to last?," China Economic Review, Elsevier, vol. 20(1), pages 103-123, March.
    2. Sangyeon Hwang & Hyejoon Im, 2009. "Implications of the Global Financial Crisis on Korea's Trade," Asian Economic Papers, MIT Press, vol. 8(3), pages 46-81, Fall.
    3. Charles Yuji Horioka & Junmin Wan, 2007. "The Determinants of Household Saving in China: A Dynamic Panel Analysis of Provincial Data," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(8), pages 2077-2096, December.
    4. Jing Jin & Chunli Shen & Qian Wang & Heng-fu Zou, 2012. "Decentralization in China," CEMA Working Papers 546, China Economics and Management Academy, Central University of Finance and Economics.
    5. -, 2009. "The impact of the financial crisis on women in the Caribbean," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38669, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    6. Filippov, Sergey & Kalotay, Kalman, 2009. "Foreign Direct Investment in Times of Global Economic Crisis: Spotlight on New Europe," MERIT Working Papers 021, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    7. Ian Holliday, 2000. "Productivist Welfare Capitalism: Social Policy in East Asia," Political Studies, Political Studies Association, vol. 48(4), pages 706-723, September.
    8. Naude, Wim, 2009. "The Financial Crisis of 2008 and the Developing Countries," WIDER Working Paper Series WIDER Discussion Paper 20, World Institute for Development Economic Research (UNU-WIDER).
    9. Günter Schucher, 2009. "China’s Employment Crisis – A Stimulus for Policy Change?," Journal of Current Chinese Affairs - China aktuell, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 38(2), pages 121-144.
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    Cited by:

    1. Arjan de Haan & Ward Warmerdam, 2012. "The politics of aid revisited: a review of evidence on state capacity and elite commitment," Global Development Institute Working Paper Series esid-007-12, GDI, The University of Manchester.

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