Sangam: A Confluence of Knowledge Streams

Exploring China’s Impacts on Development Thinking and Policies

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dc.creator Xu, Jiajun
dc.creator Carey, Richard
dc.date 2021-11-25T13:10:32Z
dc.date 2021-11-25T13:10:32Z
dc.date 2021-11-29
dc.date.accessioned 2022-05-26T08:50:18Z
dc.date.available 2022-05-26T08:50:18Z
dc.identifier Xu, J. and Carey, R. (2021) 'Exploring China’s Impacts on Development Thinking and Policies', IDS Bulletin 52.2: 53–68
dc.identifier 1759-5436
dc.identifier https://opendocs.ids.ac.uk/opendocs/handle/20.500.12413/16962
dc.identifier Business, Markets and the State
dc.identifier 10.19088/1968-2021.120
dc.identifier.uri http://localhost:8080/xmlui/handle/CUHPOERS/198765
dc.description In this article, we explore the impacts, actual and potential, of China’s development experiences upon development thinking and policies elsewhere. New Structural Economics, a theoretical innovation by Professor Justin Yifu Lin drawing on a longer tradition of pragmatic ‘learning by doing’ development strategies, provides a framework in which three agendas stand out: structural transformation as a policy priority; the return of industrial policy; and the use of Special Economic Zones. We integrate related drivers of growth in China: rapid urbanisation pulling in massive rural migration in an economic transformation process; the financing of provincial and city governments by improvised local government financing vehicles based on rising urban land values; and competition and accountability processes in China’s subnational governance system. While China’s experiences cannot be directly replicated elsewhere, we argue that lessons on why and how to achieve structural transformation are relevant for other developing countries, especially in fast urbanising and integrating Africa.
dc.description Foreign, Commonwealth & Development Office
dc.language en
dc.publisher Institute of Development Studies
dc.relation IDS Bulletin;52.2
dc.rights This is an Open Access article distributed under the terms of the Creative Commons Attribution 4.0 International licence (CC BY), which permits unrestricted use, distribution, and reproduction in any medium, provided the original authors and source are credited and any modifications or adaptations are indicated. http://creativecommons.org/licenses/by/4.0/legalcode
dc.rights http://creativecommons.org/licenses/by/4.0/
dc.rights © Authors © Institute of Development Studies 2021
dc.subject Development Policy
dc.subject Economic Development
dc.subject Trade
dc.title Exploring China’s Impacts on Development Thinking and Policies
dc.type Article
dc.coverage China


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