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A defining moment? China's social policy response to the financial crisis

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  • Arjan de Haan

    (Institute of Social Studies, The Hague, The Netherlands)

Abstract

This paper discusses whether China's response to the 2008-2009 financial crisis is a 'defining moment', whether it is leading to a departure of China's export-driven development model and whether the large stimulus package is strengthening its social policies and leading towards a more egalitarian structure. Two years after the crisis, it seems China has been very successful in managing the crisis, reaffirming political legitimacy, monitoring potential social unrest and introducing a wide range of promotive measures, even though this did not imply the sudden shift to promotion of household consumption some observers were arguing for. Copyright © 2010 John Wiley & Sons, Ltd.

Suggested Citation

  • 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.
    • Handle: RePEc:wly:jintdv:v:22:y:2010:i:6:p:758-771
    DOI: 10.1002/jid.1726
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    References listed on IDEAS

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    Cited by:

    1. Kwak, Kiho & Kim, Namil, 2022. "Industrial Leadership Changes without Technological Discontinuity: Modularization, Institution-Led Market Discontinuity, and Market Development Strategy," Technological Forecasting and Social Change, Elsevier, vol. 180(C).
    2. Yongjun Zhao, 2013. "China–Africa development cooperation in the rural sector: an exploration of land tenure and investments linkages for sustainable resource use," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 15(2), pages 355-366, April.
    3. Arjan de Haan, 2013. "The Social Policies of Emerging Economies: Growth and Welfare in China and India," Working Papers 110, International Policy Centre for Inclusive Growth.

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