Difference between revisions of "Beijing Consensus"
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An economic development framework that represents an alternative to the [[Washington Consensus]]. The Beijing Consensus contains a mixture of state-capitalism and free market policies, and acts as a guideline for economic reform for developing countries. The framework is mainly supported by China and to some extent Singapore. In January 2012, the British economist, John Williamson, described the Beijing Consensus as consisting of five elements, namely incremental reform, innovation and experimentation, export-led growth, state capitalism, and authoritarianism. | An economic development framework that represents an alternative to the [[Washington Consensus]]. The Beijing Consensus contains a mixture of state-capitalism and free market policies, and acts as a guideline for economic reform for developing countries. The framework is mainly supported by China and to some extent Singapore. In January 2012, the British economist, John Williamson, described the Beijing Consensus as consisting of five elements, namely incremental reform, innovation and experimentation, export-led growth, state capitalism, and authoritarianism. | ||
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| + | == External links and references == | ||
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| + | * [http://www.foreignaffairs.com/articles/66379/stefan-halper/the-beijing-consensus-how-chinas-authoritarian-model-will-domina The Beijing Consensus: How China's Authoritarian Model Will Dominate the Twenty-first Century, article by Foreign Affairs] | ||
| + | * [http://www.economist.com/node/16059990 The Beijing Consensus is to keep quiet, article by The Economist] | ||
| + | * [http://fpc.org.uk/fsblob/244.pdf The Beijing Consensus, publication by the Foreign Policy Centre] | ||
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[[Category:The Cultural Diplomacy Dictionary]] | [[Category:The Cultural Diplomacy Dictionary]] | ||
Latest revision as of 13:32, 10 April 2014
Beijing Consensus[edit]
An economic development framework that represents an alternative to the Washington Consensus. The Beijing Consensus contains a mixture of state-capitalism and free market policies, and acts as a guideline for economic reform for developing countries. The framework is mainly supported by China and to some extent Singapore. In January 2012, the British economist, John Williamson, described the Beijing Consensus as consisting of five elements, namely incremental reform, innovation and experimentation, export-led growth, state capitalism, and authoritarianism.
