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

creativeworkseries.issn 1020-797X Yao, Yang 2012-05-16T16:21:37Z 2012-05-16T16:21:37Z 2011-04
dc.description.abstract 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. en
dc.identifier.citation Development Outreach
dc.relation.ispartofseries Development Outreach
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.subject arbitrage
dc.subject developing countries
dc.subject economic development
dc.subject economic efficiency
dc.subject Fiscal decentralization
dc.subject fiscal policy
dc.subject foreign direct investment
dc.subject government intervention
dc.subject government revenue
dc.subject inflation
dc.subject infrastructure investment
dc.subject local government
dc.subject local governments
dc.subject market competition
dc.subject market prices
dc.subject market transactions
dc.subject ownership structures
dc.subject private property
dc.subject tax
dc.subject transition economies
dc.title Beijing Consensus Or Washington Consensus : What Explains China's Economic Success? en
dc.type Journal Article en
dc.type Article de journal fr
dc.type Artículo de revista es
dspace.entity.type Publication
dspace.entity.type Publication
okr.crosscuttingsolutionarea Public-Private Partnerships
okr.doctype Journal Article
okr.globalpractice Macroeconomics and Fiscal Management
okr.globalpractice Transport and ICT
okr.globalpractice Social Protection and Labor
okr.globalpractice Poverty
okr.globalpractice Finance and Markets
okr.globalpractice Governance
okr.identifier.doi 10.1596/1020-797X_13_1_26
okr.language.supported en
okr.region.administrative East Asia and Pacific China
okr.topic Finance and Financial Sector Development
okr.topic Macroeconomics and Economic Growth
okr.topic Public Sector Development
okr.topic Private Sector Development
okr.topic Information and Communication Technologies
okr.topic Social Protections and Labor
okr.topic Poverty Reduction
relation.isJournalIssueOfPublication 4d322ce4-d9a7-4a87-994c-2236268fe3f0
relation.isJournalOfPublication f6705020-d893-454c-90ab-943f5b14c90e
relation.isJournalVolumeOfPublication 34857528-04c0-4510-aa30-82ba4bc1d215
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