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La transformation postsocialiste chinoise : ouverture économique et contrainte extérieure
[Chinese postsocialist transformation: economic opening and external constraint]

Author

Listed:
  • El Karouni, Ilyess
  • Charles, Sébastien

Abstract

This article is an attempt to show that China's post-socialist transformation 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.

Suggested Citation

  • El Karouni, Ilyess & Charles, Sébastien, 2007. "La transformation postsocialiste chinoise : ouverture économique et contrainte extérieure [Chinese postsocialist transformation: economic opening and external constraint]," MPRA Paper 3102, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:3102
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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.
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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, December.
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    More about this item

    Keywords

    Changement institutionnel; transformation postsocialiste; Chine; export-led growth;
    All these keywords.

    JEL classification:

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

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