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Leadership and the Mandate of Heaven: Political Risk in China

Author

Listed:
  • Charles RARICK

    (Purdue University Northwest, College of Business, USA.)

  • Kasia FIRLEJ

    (Purdue University Northwest, College of Business, USA.)

Abstract

China has experienced very impressive economic growth over the past three decades and has raised millions of people out of poverty in a short period of time. This economic miracle has brought prosperity to millions and extreme wealth to some. China now faces slower growth and a number of other obstacles which may undermine its stability. This paper explores the problems facing modern China by looking back at history and using current social science research as a predictor of potential unrest and political instability.

Suggested Citation

  • Charles RARICK & Kasia FIRLEJ, 2016. "Leadership and the Mandate of Heaven: Political Risk in China," Journal of Economics and Political Economy, KSP Journals, vol. 3(2), pages 183-191, June.
    • Handle: RePEc:ksp:journ1:v:3:y:2016:i:2:p:183-191
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    References listed on IDEAS

    as
    1. Jan-Erik Lane, 2013. "China at the crossroads," International Journal of Social Economics, Emerald Group Publishing, vol. 40(2), pages 169-180, February.
    2. Albert O. Hirschman & Michael Rothschild, 1973. "The Changing Tolerance for Income Inequality in the Course of Economic DevelopmentWith A Mathematical Appendix," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 87(4), pages 544-566.
    3. Hirschman, Albert O., 1973. "The changing tolerance for income inequality in the course of economic development," World Development, Elsevier, vol. 1(12), pages 29-36, December.
    4. Ying Wu & Hong Yao, 2015. "Income Inequality, State Ownership, and the Pattern of Economic Growth – A Tale of the Kuznets Curve for China since 1978," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 43(2), pages 165-180, June.
    5. Jan‐Erik Lane, 2013. "China at the crossroads," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 40(2), pages 169-180, January.
    6. Iris Claus & Les Oxley & Chen Wang & Guanghua Wan & Dan Yang, 2014. "Income Inequality In The People'S Republic Of China: Trends, Determinants, And Proposed Remedies," Journal of Economic Surveys, Wiley Blackwell, vol. 28(4), pages 686-708, September.
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    More about this item

    Keywords

    China; Political risk; Globalization; Geopolitics.;
    All these keywords.

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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