IDEAS home Printed from https://ideas.repec.org/a/gig/chaktu/v39y2010i2p69-99.html
   My bibliography  Save this article

The Financial Crisis and China’s “Harmonious Societyâ€

Author

Listed:
  • Arjan de Haan

Abstract

The global financial crisis has had a large negative impact on China’s economy, particularly on employment, but the government responses appear to have been effective. This article focuses on the social policy responses after the crisis, and how these are situated in the austere social policies that have come about since the economic reforms started in 1978, and the recent aims to create a “harmonious society†and the challenges and contradictions these contain.

Suggested Citation

  • Arjan de Haan, 2010. "The Financial Crisis and China’s “Harmonious Societyâ€," Journal of Current Chinese Affairs - China aktuell, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 39(2), pages 69-99.
  • Handle: RePEc:gig:chaktu:v:39:y:2010:i:2:p:69-99
    as

    Download full text from publisher

    File URL: http://hup.sub.uni-hamburg.de/giga/jcca/article/view/255
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Prasad, Eswar S., 2009. "Is the Chinese growth miracle built to last?," China Economic Review, Elsevier, vol. 20(1), pages 103-123, March.
    2. Sangyeon Hwang & Hyejoon Im, 2009. "Implications of the Global Financial Crisis on Korea's Trade," Asian Economic Papers, MIT Press, vol. 8(3), pages 46-81, Fall.
    3. Charles Yuji Horioka & Junmin Wan, 2007. "The Determinants of Household Saving in China: A Dynamic Panel Analysis of Provincial Data," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(8), pages 2077-2096, December.
    4. Jing Jin & Chunli Shen & Qian Wang & Heng-fu Zou, 2012. "Decentralization in China," CEMA Working Papers 546, China Economics and Management Academy, Central University of Finance and Economics.
    5. -, 2009. "The impact of the financial crisis on women in the Caribbean," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38669, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    6. Filippov, Sergey & Kalotay, Kalman, 2009. "Foreign Direct Investment in Times of Global Economic Crisis: Spotlight on New Europe," MERIT Working Papers 2009-021, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    7. Ian Holliday, 2000. "Productivist Welfare Capitalism: Social Policy in East Asia," Political Studies, Political Studies Association, vol. 48(4), pages 706-723, September.
    8. Wim Naudé, 2009. "The Financial Crisis of 2008 and the Developing Countries," WIDER Working Paper Series DP2009-01, World Institute for Development Economic Research (UNU-WIDER).
    9. Baohui Zhang, 2010. "Chinese Foreign Policy in Transition: Trends and Implications," Journal of Current Chinese Affairs - China aktuell, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 39(2), pages 39-68.
    10. Günter Schucher, 2009. "China’s Employment Crisis – A Stimulus for Policy Change?," Journal of Current Chinese Affairs - China aktuell, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 38(2), pages 121-144.
    11. Arjan Haan, 2007. "Reclaiming Social Policy," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-59228-5, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Arjan de Haan & Ward Warmerdam, 2012. "The politics of aid revisited: a review of evidence on state capacity and elite commitment," Global Development Institute Working Paper Series esid-007-12, GDI, The University of Manchester.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Arjan de Haan, 2010. "A defining moment? China's social policy response to the financial crisis," Journal of International Development, John Wiley & Sons, Ltd., vol. 22(6), pages 758-771.
    2. Morgan, Peter J., 2012. "The role of macroeconomic policy in rebalancing growth," Journal of Asian Economics, Elsevier, vol. 23(1), pages 13-25.
    3. Eswar S. Prasad, 2011. "Rebalancing Growth in Asia," International Finance, Wiley Blackwell, vol. 14(1), pages 27-66, April.
    4. van Treeck, Till. & Sturn, Simon., 2012. "Income inequality as a cause of the Great Recession? : A survey of current debates," ILO Working Papers 994709343402676, International Labour Organization.
    5. Miao Han, 2012. "The People's Bank of China during the global financial crisis: policy responses and beyond," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 10(4), pages 361-390, August.
    6. Ghosh, Soumya Kanti & Nath, Hiranya K., 2023. "What determines private and household savings in India?," International Review of Economics & Finance, Elsevier, vol. 86(C), pages 639-651.
    7. Bo Kyong Seo & Dayoon Kim, 2024. "THE HOUSING‐WELFARE REGIME AND THIRD‐SECTOR HOUSING IN HONG KONG AND SOUTH KOREA: A Historical Institutionalist Perspective," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 48(3), pages 442-462, May.
    8. Huck-ju Kwon, 2007. "Transforming the developmental welfare states in East Asia," Working Papers 40, United Nations, Department of Economics and Social Affairs.
    9. Aizenman, Joshua & Noy, Ilan, 2015. "Saving and the long shadow of macroeconomic shocks," Journal of Macroeconomics, Elsevier, vol. 46(C), pages 147-159.
    10. Charles Yuji Horioka & Akiko Terada-Hagiwara, 2016. "The Impact of Pre-marital Sex Ratios on Household Saving in Two Asian Countries: The Competitive Saving Motive Revisited," ISER Discussion Paper 0975, Institute of Social and Economic Research, Osaka University.
    11. Yan Yan & Hui Liu & Ningcheng Wang & Shenjun Yao, 2021. "How Does Low-Density Urbanization Reduce the Financial Sustainability of Chinese Cities? A Debt Perspective," Land, MDPI, vol. 10(9), pages 1-18, September.
    12. Horioka, Charles Yuji, 2020. "Does the Selfish Life-Cycle Model Apply in the Case of Japan?," AGI Working Paper Series 2020-04, Asian Growth Research Institute.
    13. Fardoust, Shahrokh & Lin, Justin Yifu & Luo, Xubei, 2012. "Demystifying China's fiscal stimulus," Policy Research Working Paper Series 6221, The World Bank.
    14. Marius Constantin PROFIROIU & Septimiu Rares SZABO, 2016. "Outsourcing vs decentralisation: A comparative analysis in Central and Eastern Europe," Eco-Economics Review, Ecological University of Bucharest, Economics Faculty and Ecology and Environmental Protection Faculty, vol. 2(2), pages 3-26, December.
    15. Démurger, Sylvie & Fournier, Martin, 2011. "Poverty and firewood consumption: A case study of rural households in northern China," China Economic Review, Elsevier, vol. 22(4), pages 512-523.
    16. Gu, Xinhua & Tam, Pui Sun, 2013. "The saving–growth–inequality triangle in China," Economic Modelling, Elsevier, vol. 33(C), pages 850-857.
    17. Yang, Xiaoliang & Barros, Lucy & Matthews, Kent & Meenagh, David, 2024. "The dynamics of redistribution, inequality and growth across China’s regions," Journal of Policy Modeling, Elsevier, vol. 46(3), pages 613-637.
    18. Ying Fan & Abdullah Yavas, 2020. "How Does Mortgage Debt Affect Household Consumption? Micro Evidence from China," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 48(1), pages 43-88, March.
    19. Błoch Wiktor, 2023. "What drives the savings rate in middle -income countries?," Economics and Business Review, Sciendo, vol. 9(4), pages 56-73, December.
    20. Marta Anna GÖTZ, 2015. "Pursuing FDI policy in the EU – Member States and their policy space," Journal of Economics and Political Economy, KSP Journals, vol. 2(2), pages 290-308, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gig:chaktu:v:39:y:2010:i:2:p:69-99. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Karsten Giese or Heike Holbig The email address of this maintainer does not seem to be valid anymore. Please ask Heike Holbig to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/dueiide.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.