Chapter

Introduction: The Dengist Restoration

Chris Bramall

in Sources of Chinese Economic Growth, 1978-1996

Published in print September 2000 | ISBN: 9780198296973
Published online November 2003 | e-ISBN: 9780191596018 | DOI: http://dx.doi.org/10.1093/0198296975.003.0001

Series: Studies on Contemporary China

Introduction: The Dengist Restoration

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Outlines the key themes in the literature on Chinese growth. The orthodoxy assiduously promoted by the IMF, the World Bank, and the US government has claimed that Chinese growth after 1978 fell well below potential and that the growth which has occurred is unsustainable without a rapid and thoroughgoing transition to capitalism, an analysis that unites gradualists and advocates of shock therapy. Heterodox critics of the Washington consensus rightly point out that this type of account is misconceived because it pays inadequate attention to the positive role played by China's developmental state. But heterodox analyses are incomplete because they offer at best an incoherent explanation of the origins of this developmental state.

Keywords: developmental; gradualist; Heterodox; literature; orthodoxy; state; unsustainable

Chapter.  4677 words. 

Subjects: Economic Development and Growth

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