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China's Engagement with Neo-liberalism: Path Dependency, Geography and Party Self-Reinvention

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  • Leong Liew

Abstract

China's post-Mao market reform, even after the Asian crisis, does not conform to the standard IMF/World Bank model and the state continues to mediate market reform. Three principal factors have influenced how the state mediates China's market reform: path dependency, a result of China's communist and nationalist revolution; China's geography, which favours developmental-state-type industrialisation; and most important of all, the Chinese Communist Party's successful post-Mao self-reinvention that has enabled it to remain in power as a monopolistic party. These factors determine that China's engagement with neo-liberalism will be a loose hug rather than an intimate embrace.

Suggested Citation

  • Leong Liew, 2005. "China's Engagement with Neo-liberalism: Path Dependency, Geography and Party Self-Reinvention," Journal of Development Studies, Taylor & Francis Journals, vol. 41(2), pages 331-352.
  • Handle: RePEc:taf:jdevst:v:41:y:2005:i:2:p:331-352
    DOI: 10.1080/0022038042000309278
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    References listed on IDEAS

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    Cited by:

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    4. Li Yu & Wei Xu, 2022. "Institutional conformity, entrepreneurial governance and local contingency: Problematizing central-local dynamics in localizing China's low-income housing policy," Environment and Planning A, , vol. 54(3), pages 508-532, May.
    5. Green, Mick & Collins, Shane, 2008. "Policy, Politics and Path Dependency: Sport Development in Australia and Finland," Sport Management Review, Elsevier, vol. 11(3), pages 225-251, November.
    6. Alex Y Lo & Kang Chen & Anna Ka-yin Lee & Lindsay Qianqing Mai, 2020. "The neoliberal policy experimentation on carbon emission trading in China," Environment and Planning C, , vol. 38(1), pages 153-173, February.
    7. Ying Chen & David Touve, 2011. "Conformity, political participation, and economic rewards: The case of Chinese private entrepreneurs," Asia Pacific Journal of Management, Springer, vol. 28(3), pages 529-553, September.
    8. George CS Lin & Xun Li & Fiona F Yang & Fox ZY Hu, 2015. "Strategizing urbanism in the era of neoliberalization: State power reshuffling, land development and municipal finance in urbanizing China," Urban Studies, Urban Studies Journal Limited, vol. 52(11), pages 1962-1982, August.
    9. Jun Zhang, 2012. "From Hong Kong’s Capitalist Fundamentals to Singapore’s Authoritarian Governance: The Policy Mobility of Neo-liberalising Shenzhen, China," Urban Studies, Urban Studies Journal Limited, vol. 49(13), pages 2853-2871, October.

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