Beijing Consensus Or Washington Consensus : What Explains China's Economic Success?

China's remarkable economic growth is often attributed to strong government intervention that can mobilize large amounts of resources to clear any bottleneck to growth or institutional change. This approach is often referred to as the Beijing Consensus (BC) as compared to the Washington Consens...

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Bibliographic Details
Main Author:	Yao, Yang
Format:	Journal Article
Published:	2012
Subjects:	arbitrage developing countries economic development economic efficiency Fiscal decentralization fiscal policy foreign direct investment government intervention government revenue inflation infrastructure investment local government local governments market competition market prices market transactions ownership structures private property tax transition economies
Online Access:	http://hdl.handle.net/10986/6098

id	okr-10986-6098
recordtype	oai_dc
spelling	okr-10986-60982021-04-23T14:02:24Z Beijing Consensus Or Washington Consensus : What Explains China's Economic Success? Yao, Yang arbitrage developing countries economic development economic efficiency Fiscal decentralization fiscal policy foreign direct investment government intervention government revenue inflation infrastructure investment local government local governments market competition market prices market transactions ownership structures private property tax transition economies China's remarkable economic growth is often attributed to strong government intervention that can mobilize large amounts of resources to clear any bottleneck to growth or institutional change. This approach is often referred to as the Beijing Consensus (BC) as compared to the Washington Consensus (WC): the former being a model of authoritarianism and heavy state involvement in the economy, the latter a model of neoliberal and market-oriented doctrines. But these characterizations are inaccurate. 2012-05-16T16:21:37Z 2012-05-16T16:21:37Z 2011-04 Journal Article Development Outreach http://hdl.handle.net/10986/6098 Development Outreach CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Journal Article East Asia and Pacific China
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	arbitrage developing countries economic development economic efficiency Fiscal decentralization fiscal policy foreign direct investment government intervention government revenue inflation infrastructure investment local government local governments market competition market prices market transactions ownership structures private property tax transition economies
spellingShingle	arbitrage developing countries economic development economic efficiency Fiscal decentralization fiscal policy foreign direct investment government intervention government revenue inflation infrastructure investment local government local governments market competition market prices market transactions ownership structures private property tax transition economies Yao, Yang Beijing Consensus Or Washington Consensus : What Explains China's Economic Success?
geographic_facet	East Asia and Pacific China
relation	Development Outreach
description	China's remarkable economic growth is often attributed to strong government intervention that can mobilize large amounts of resources to clear any bottleneck to growth or institutional change. This approach is often referred to as the Beijing Consensus (BC) as compared to the Washington Consensus (WC): the former being a model of authoritarianism and heavy state involvement in the economy, the latter a model of neoliberal and market-oriented doctrines. But these characterizations are inaccurate.
format	Journal Article
author	Yao, Yang
author_facet	Yao, Yang
author_sort	Yao, Yang
title	Beijing Consensus Or Washington Consensus : What Explains China's Economic Success?
title_short	Beijing Consensus Or Washington Consensus : What Explains China's Economic Success?
title_full	Beijing Consensus Or Washington Consensus : What Explains China's Economic Success?
title_fullStr	Beijing Consensus Or Washington Consensus : What Explains China's Economic Success?
title_full_unstemmed	Beijing Consensus Or Washington Consensus : What Explains China's Economic Success?
title_sort	beijing consensus or washington consensus : what explains china's economic success?
publishDate	2012
url	http://hdl.handle.net/10986/6098
_version_	1764397442076246016

Beijing Consensus Or Washington Consensus : What Explains China's Economic Success?

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