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The ‘Beijing consensus’ and the ‘Singapore model’: unmasking the myth of an alternative authoritarian state-capitalist model

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  • Stephan Ortmann

Abstract

What is today touted as the ‘Beijing consensus’ or the ‘China model’ is nothing more than a resized version of the ‘Singapore model’ or an attempt to revive the developmental state. In particular, the ‘Beijing consensus’ assumes a greater role for the state in the economy under authoritarian rule. Since Deng Xiaoping's Southern Tour in 1992, Chinese academics, politicians, and administrators have flocked to the soft-authoritarian city-state and the result has not only been a sprawling discourse but also a number of political reforms aimed at increasing the effectiveness of the state and strengthening one-party rule. An analysis of this discourse shows that while providing Chinese policy-makers with many important ideas, these studies reveal serious weaknesses in China's attempt to follow the ‘Singapore model’. Instead of having found an alternative authoritarian state-capitalist model, the ‘Beijing consensus’ is only a transitory phase.

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  • Stephan Ortmann, 2012. "The ‘Beijing consensus’ and the ‘Singapore model’: unmasking the myth of an alternative authoritarian state-capitalist model," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 10(4), pages 337-359, August.
  • Handle: RePEc:taf:jocebs:v:10:y:2012:i:4:p:337-359
    DOI: 10.1080/14765284.2012.724981
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    Cited by:

    1. Asongu, Simplice & Nwachukwu, Jacinta, 2016. "Is the Threat of Foreign Aid Withdrawal an Effective Deterrent to Political Oppression? Evidence from 53 African Countries," MPRA Paper 74649, University Library of Munich, Germany.
    2. Simplice Asongu, 2015. "On Taxation, Political Accountability and Foreign Aid: Empirics to a Celebrated Literature," South African Journal of Economics, Economic Society of South Africa, vol. 83(2), pages 180-198, June.
    3. Simplice A. Asongu, 2017. "The Comparative Economics of Knowledge Economy in Africa: Policy Benchmarks, Syndromes, and Implications," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(2), pages 596-637, June.

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