TY - CHAP
T1 - The global financial crisis and China's domestic and international political options
AU - CABESTAN, Jean-Pierre
N1 - Copyright:
Copyright 2014 Elsevier B.V., All rights reserved.
PY - 2012/7/5
Y1 - 2012/7/5
N2 - It was only in the third quarter of 2008, after the Beijing Olympics, that China started to feel the impact of the global financial crisis, one year after the first negative signals appeared in the American economy. Then, the world recession directly hit China and in particular its exports, forcing it to adapt, review some of its policies and launch a huge stimulus package. But the world financial crisis has also provided China with a window of opportunity to consolidate its own domestic polity and development path – a path that some observers have called the “Beijing consensus” (Ramo 2004) – as well as its international quest for power and influence.
AB - It was only in the third quarter of 2008, after the Beijing Olympics, that China started to feel the impact of the global financial crisis, one year after the first negative signals appeared in the American economy. Then, the world recession directly hit China and in particular its exports, forcing it to adapt, review some of its policies and launch a huge stimulus package. But the world financial crisis has also provided China with a window of opportunity to consolidate its own domestic polity and development path – a path that some observers have called the “Beijing consensus” (Ramo 2004) – as well as its international quest for power and influence.
UR - http://www.scopus.com/inward/record.url?scp=84906031400&partnerID=8YFLogxK
U2 - 10.4324/9780203115626
DO - 10.4324/9780203115626
M3 - Chapter
AN - SCOPUS:84906031400
SN - 9781138815568
SN - 9780415675147
T3 - Routledge Studies on the Chinese Economy
SP - 3
EP - 22
BT - China and the Global Financial Crisis
A2 - Cabestan, Jean-Pierre
A2 - Di Meglio, Jean-François
A2 - Richet, Xavier
PB - Routledge
CY - London
ER -