Beijing Consensus
E778438
The Beijing Consensus is a development model associated with China that emphasizes state-led economic growth, gradual reform, and political non-interference as an alternative to Western-style market liberalization and democratization.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
development model
ⓘ
economic development paradigm ⓘ political-economic concept ⓘ |
| alternativeTo | Washington Consensus NERFINISHED ⓘ |
| associatedWith |
Chinese economic reforms
ⓘ
Chinese government NERFINISHED ⓘ |
| contrastsWith |
market fundamentalism
ⓘ
political conditionality on aid and investment ⓘ rapid market liberalization ⓘ |
| countryOfOrigin | China ⓘ |
| criticizedFor |
lack of political liberalization
ⓘ
lack of transparency ⓘ supporting authoritarian regimes ⓘ weak protection of civil liberties ⓘ |
| debatedIn |
development studies
ⓘ
international political economy literature ⓘ |
| emphasizes |
authoritarian or one-party political structures
ⓘ
export-led growth ⓘ gradual reform ⓘ industrial policy ⓘ infrastructure investment ⓘ non-interference in domestic affairs ⓘ political stability ⓘ pragmatic experimentation ⓘ sovereignty ⓘ state ownership in key sectors ⓘ state-led economic growth ⓘ strong role of the state in the economy ⓘ |
| hasAspect |
emphasis on economic growth over political reform
ⓘ
emphasis on national development goals ⓘ flexible policy toolkit ⓘ focus on long-term planning ⓘ |
| influences |
debates on global governance
ⓘ
development strategies in some Global South countries ⓘ foreign policy approaches of China ⓘ |
| perceivedAs |
challenge to Western liberal order
ⓘ
model for authoritarian modernization ⓘ |
| relatedTo |
Belt and Road Initiative
NERFINISHED
ⓘ
Chinese model of development ⓘ South–South cooperation NERFINISHED ⓘ authoritarian capitalism ⓘ state capitalism ⓘ |
| supports |
capital controls or managed capital flows
ⓘ
incremental policy change ⓘ policy experimentation at local levels ⓘ state guidance of markets ⓘ |
| timePeriod | post-Cold War era ⓘ |
| usedBy | some policymakers in developing countries ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.