Chinese industrialization from the New-Developmental perspective
Abstract
The main objective of this paper is to present a synthesis of the Chinese industrialization and evaluate if the New-Developmental Theory is capable of explaining the transformation in its industrial structure. In order to do so, first will be presented a brief review of the New-Developmental Theory; next, through a historical perspective, we’ll describe the Chinese industrialization exposing the convergence points with the theory. Finally, we conclude that the theory is adequate to explain the success of the Chinese industrialization.
JEL Classification: O11; 014; O25; O40.
Keywords: New developmentalism Chinese industrialization