China’s “Economic Miracle” and the Universal Modernization Model
Bibliographic Data
| ID | 6008253 |
|---|---|
| Authors | Liuyang Zhao (0000-0001-6460-7985, Fudan University, corresponding author) |
| Year | 2022 |
| Volume | 48 |
| Issue | 1 |
| Pages | 53-72 |
| Publication date | 2022-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Modern China (JOURNAL) |
| Journal identifiers | ISSN: 0097-7004 • E-ISSN: 1552-6836 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/00977004211054845 |
| OpenAlex | W3217375246 |
| Language | EN |
| Citations received | 2 |
| References cited | 14 |
Neoclassical economics relies on highly formalized deductive logic to create an overly simplified picture of economic practices. Its universalized model of modernization assumes that the relationship between state and market is antagonistic. This presumption reduces China’s “economic miracle” to a simple transformation into a market economy and underestimates the role played by the government, making it impossible to construct a theory that considers China’s subjectivity. Studies on China’s economy should focus on its practices, which may appear to be paradoxical if seen only from the perspective of Western neoclassical economics, in order to construct an accurate depiction of the foundations of China’s development experience. Only through such an endeavor will it be possible to incorporate into any new theory of economic modernization the distinctive features of China’s development
China · Construct (python library · Economic growth · Economic miracle · Economic system · Economics · Government (linguistics · Miracle · Modernization theory · Neoclassical economics · Order (exchange · Political science · Positive economics · Presumption · State (computer science · China's Socioeconomic Reforms and Governance · Chinese history and philosophy · Computer Science · Law · Mathematics · Political Economy and Marxism
The Socialist System
Capital
The Peasant Economy and Social Change in North China
The Peasant Family and Rural Development in the Yangzi Delta, 1350-1988
Principles of Economics
The Stages of Economic Growth
The Social Science of Practice Approach to the Study of China’s Development
Federalism, Chinese Style
Societal Transition
The autonomous power of the state
An Inquiry into the Nature and Causes of the Wealth of Nations
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,5 |
| Citation span | 2022 - 2026 (5) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 2 |