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Special Economic Zones: the Chinese Ladder to Get into Neoliberal Globalization

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  • Laura Melissa Naranjo Molano

Abstract

This paper explored how the neoliberalism influenced the formulation, adoption, and implementation of the Special Economic Zones (SEZs) in China. In grappling with this question, a significant link was found: globalization. This process was driven by openness and liberalization, premises that neoliberalism revived in the global political sphere in the last decades of the 20th century. Then, to get into the world economy, China abandoned the protectionist ladder to take an additional one: formulate and adopt SEZs. These zones allowed China to have free trade policies without internal market liberalization. Furthermore, the implementation of SEZs as cities generated direct access to the neoliberal model of globalization.

Suggested Citation

  • Laura Melissa Naranjo Molano, 2021. "Special Economic Zones: the Chinese Ladder to Get into Neoliberal Globalization," Econógrafos, Escuela de Economía 19019, Universidad Nacional de Colombia, FCE, CID.
    • Handle: RePEc:col:000176:019019
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    File URL: http://fce.unal.edu.co/centro-editorial/docs/econografos-escuela-economia/162-special-economic-zones-the-chinese-ladder-to-get-into-neoliberal-globalization
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    More about this item

    Keywords

    special economic zone; globalization; neoliberalism; China;
    All these keywords.

    JEL classification:

    • B27 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - International Trade and Finance
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

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