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China and Post-Socialist Development$
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Andrzej Bolesta

Print publication date: 2014

Print ISBN-13: 9781447321507

Published to Policy Press Scholarship Online: May 2015

DOI: 10.1332/policypress/9781447321507.001.0001

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Post-socialist transformation in China

Post-socialist transformation in China

(p.55) Chapter Two Post-socialist transformation in China
China and Post-Socialist Development

Andrzej Bolesta

Policy Press

As it embraces around 25 percent of the human population, post-socialist transformation is by all means a process of historical significance. It is hardly possible to imagine complex and extensive systemic changes that equal those taking place in parts of Europe and Asia. The process is twofold in nature; from the political perspective, authoritarian regimes are being replaced by democracies and, from the socio-economic perspective, the systems are being transformed from centrally-planned economies to market economies. This chapter examines the process of post-socialist transformation. It begins with the analysis of the general theory and discusses the main threads of the debate on the modes of transformation in reference to the so-called Washington Consensus. This is followed by a detailed analysis of post-socialist transformation in China. It is argued that China is indeed a post-socialist state in the process of systemic reformulation. The examination concerns China's transformation's political and economic features, its chronology and various perspectives. It is compared with the processes in other post-socialist countries. Finally, the developmental exceptionality of China's transformation is illustrated using quantitative examination.

Keywords:   post-socialist transformation, economic and political transformation, authoritarianism and democracy, central planning and market, China's transformation, China's developmental exceptionality

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