China: an East Asian alternative to neoliberalism?

Horesh, Niv and Lim, Kean Fan (2016) China: an East Asian alternative to neoliberalism? Pacific Review, 30 (4). pp. 425-442. ISSN 1470-1332

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The political-economic evolution of post-Mao China has been portrayed as a historically inevitable embrace of neoliberalism; as an exemplification of the East Asian developmental state and as an extension of Soviet New Economic Policy-style state capitalism. This paper evaluates these portrayals through a broad historical and geographical framework. It examines the position of China as a new state after 1949. It then places the shifting logics of socioeconomic regulation in China in relation to (1) the global neoliberal hegemony since the 1980s and (2) the concomitant shifts in the economic policies of Japan, South Korea and Taiwan. In so doing, the paper demonstrates how the Communist Party of China creatively adapted and re-purposed regulatory logics from the Washington Consensus and East Asian policies to consolidate its own version of Leninist state-led development.

Item Type: Article
Additional Information: This is an Accepted Manuscript of an article published by Taylor & Francis in Pacific Review on 20 December 2016, available online:
Keywords: China, East Asia, developmental state, neoliberalism, state-led development, state capitalism
Schools/Departments: University of Nottingham, UK > Faculty of Social Sciences > School of Geography
Identification Number:
Depositing User: Lim, Kean Fan
Date Deposited: 01 Mar 2017 09:10
Last Modified: 04 May 2020 18:25

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