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Leadership and the Mandate of Heaven: Political Risk in China

Author

Listed:
  • Charles RARICK

    (Purdue University Northwest, College of Business, USA.)

  • Kasia FIRLEJ

    (Purdue University Northwest, College of Business, USA.)

Abstract

China has experienced very impressive economic growth over the past three decades and has raised millions of people out of poverty in a short period of time. This economic miracle has brought prosperity to millions and extreme wealth to some. China now faces slower growth and a number of other obstacles which may undermine its stability. This paper explores the problems facing modern China by looking back at history and using current social science research as a predictor of potential unrest and political instability.

Suggested Citation

  • Charles RARICK & Kasia FIRLEJ, 2016. "Leadership and the Mandate of Heaven: Political Risk in China," Journal of Economics and Political Economy, KSP Journals, vol. 3(2), pages 183-191, June.
    • Handle: RePEc:ksp:journ1:v:3:y:2016:i:2:p:183-191
    as

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    References listed on IDEAS

    as
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    6. Albert O. Hirschman & Michael Rothschild, 1973. "The Changing Tolerance for Income Inequality in the Course of Economic DevelopmentWith A Mathematical Appendix," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 87(4), pages 544-566.
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    More about this item

    Keywords

    China; Political risk; Globalization; Geopolitics.;
    All these keywords.

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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