Economic and Systemic Consequences of Adaptation to External and Internal Pressures Caused by Global Crisis in China
Global downturn in 2008 exerted strong adaptation pressures on China that incited prompt state response. The one-off large state intervention had consequences in several dimensions: on the one hand, it had a positive impact on the system's short-term economic, social and political stability by dynamizing different economic sub-spheres. State intervention, at the same time, temporary slowed down the process of economic transformation and also mobilized system characteristics that lead to overheating and to renewed state intervention to cool it down. This paper sheds light on the consequences of adaptation to external and internal pressures on national, sectoral, regional, and structural dimensions from a systemic point of view.
Year of publication: |
2012-03
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Authors: | Csanadi, Maria |
Institutions: | Közgazdaság-tudományi Intézet, Közgazdaság- és Regionális Tudományi Kutatóközpont |
Subject: | party-state model | short-term shocks | adaptation | system transformation | global crisis | overheating | spatial disparities |
Saved in:
freely available
Extent: | application/pdf |
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Series: | |
Type of publication: | Book / Working Paper |
Notes: | Number 1209 47 pages |
Classification: | F5 - International Relations and International Political Economy ; D78 - Positive Analysis of Policy-Making and Implementation ; R58 - Regional Development Policy ; J08 - Labor Economics Policies ; O15 - Human Resources; Income Distribution; Migration ; E24 - Employment; Unemployment; Wages |
Source: |
Persistent link: https://www.econbiz.de/10010699538