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La transformation postsocialiste chinoise : ouverture économique et contrainte extérieure

Author

Listed:
  • Charles, Sébastien

    (Département d’Économie-LED, Université Paris 8)

  • El Karouni, Ilyess

    (Département d’Économie-LED, Université Paris 8)

Abstract

The starting point of this article is that China’s post-socialist transformation has involved a change in its growth regime. Indeed, during the Maoist era, it took the form of a “forced growth” as theorized by Kornai (1972). In addition, “export aversion” was one of the main characteristics of Chinese external economic relations. Today, it is not the case anymore since China follows an export-led growth strategy. Nevertheless, this situation could be particularly difficult to manage with respect to its dependence on external demand in a context of low domestic-demand. Résumé : Le point de départ de l’article est l’idée selon laquelle la transformation postsocialiste chinoise a entraîné un changement de régime de croissance. En effet, pendant la période maoïste, ce dernier prenait l’aspect d’une croissance forcée telle que théorisée par Kornai (1972). Les relations économiques extérieures étaient par ailleurs marquées par une certaine « aversion à l’exportation ». Ce n’est plus le cas aujourd’hui puisque le régime de croissance chinois est désormais fondé sur une stratégie de type export-led growth. Cette situation n’est néanmoins pas sans poser de problèmes, en particulier celui de la dépendance vis-à-vis de la demande étrangère dans un contexte de demande interne faible.

Suggested Citation

  • Charles, Sébastien & El Karouni, Ilyess, 2008. "La transformation postsocialiste chinoise : ouverture économique et contrainte extérieure," L'Actualité Economique, Société Canadienne de Science Economique, vol. 84(4), pages 391-413, Décembre.
  • Handle: RePEc:ris:actuec:0008
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    References listed on IDEAS

    as
    1. Jànos Kornai, 2000. "What the Change of System from Socialism to Capitalism Does and Does Not Mean," Journal of Economic Perspectives, American Economic Association, vol. 14(1), pages 27-42, Winter.
    2. McMillan, John & Naughton, Barry, 1992. "How to Reform a Planned Economy: Lessons from China," Oxford Review of Economic Policy, Oxford University Press, vol. 8(1), pages 130-143, Spring.
    3. Franco Modigliani & Shi Larry Cao, 2004. "The Chinese Saving Puzzle and the Life-Cycle Hypothesis," Journal of Economic Literature, American Economic Association, vol. 42(1), pages 145-170, March.
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    5. Gérard Roland, 2004. "Transition and Economics: Politics, Markets, and Firms," MIT Press Books, The MIT Press, edition 1, volume 1, number 026268148x, January.
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    7. Olivier Blanchard & Francesco Giavazzi, 2006. "Rebalancing Growth in China: A Three-Handed Approach," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 14(4), pages 1-20.
    8. Kornai, J, 1979. "Resource-Constrained versus Demand-Constrained Systems," Econometrica, Econometric Society, vol. 47(4), pages 801-819, July.
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    12. Kornai, Janos, 1992. "The Socialist System: The Political Economy of Communism," OUP Catalogue, Oxford University Press, number 9780198287766.
    13. Oecd, 2010. "Country Review: Chinese Taipei," OECD Journal: Competition Law and Policy, OECD Publishing, vol. 10(2), pages 127-165.
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    More about this item

    JEL classification:

    • F19 - International Economics - - Trade - - - Other
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary
    • P33 - Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid

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