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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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The policies of development

The policies of development

(p.167) Chapter Four The policies of development
China and Post-Socialist Development

Andrzej Bolesta

Policy Press

This chapter focuses on the state policies related to China's development trajectory, which are selected on the basis of their role in the historical developmental states and are examined in a comparative analysis with similar policies in Japan and Korea. There are three sets of state policies which are examined: The policy of industrial development is concerned with the targeting of certain branches of a national economy to be developed, due to their real or potential added value in general developmental efforts; The policy of import discrimination and export support illustrates the very mechanisms utilised in the directing of the inter-border flow of goods; The financial policy of support for industrial development and export reveals the broad range of state instruments to additionally enhance the development trajectory in the market economic conditions via financial and fiscal incentives stimulating industrialisation and international trade. It is argued that they have all been of paramount importance for China's development. This analysis is preceded by the examination of general perceptions of the industrial policies and by the analysis of the agrarian policies, as the pre-conditionality for industrial development.

Keywords:   China Japan Korea comparative analysis, China's development, development policies, industrial policies, industrial development, export support, import discrimination, financial policies

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