China's Economic Development

TABLE OF CONTENTS

List of Tables and Figures

Acknowledgements

List of Abbreviations

1. KEY DEBATES ON CHINA'S DEVELOPMENT

1.1 Historical Background of China

1.2 Unsettled Debates of China's Development

1.3 Concept of Development

1.4 Scientific Contributions

1.5 Research Methodology

1.5.1 Document Analysis

1.6 The structure of the book

2. THEORETICAL FRAMEWORKS

2.1 Introduction

2.2 On the Idea of Catch-up

2.2.1 Modernisation Theory

2.2.2 Dependency Theory

2.2.3 Theory of Uneven and Combined Development

2.3 Expectations of China's developmental outcomes

2.4 China's Developmental Model

2.4.1 Modernisation Theory

2.4.2 Developmental State Theory

2.5 Expectations of Chinese development model

2.6 Conclusion

3. CHINA'S INTEGRATION INTO THE GLOBAL ECONOMY: PROGRESS OR UNDERDEVELOPMENT?

3.1 Introduction

3.2 Dependency Theory on Underdevelopment of China

3.2.1 Foreign economic relations

3.2.2 Technology Development

3.2.3 Summary

3.3 Modernisation Theory on China's Attaining Economic Development

3.3.1 Social Overhead Capital

3.3.2 Foreign economic relations

3.3.3 Agricultural technology

3.3.4 Summary

3.4 Conclusion

4. IS DEVELOPMENT CATCH-UP POSSIBLE?

4.1 Introduction

4.2 Modernisation Theory on China's Developmental Catch-up

4.2.1 Income Level

4.2.2 Comparison of Chinese development with other countries

4.2.3 Technology Gap

4.2.4 Summary

4.3 The Theory of Uneven and Combined Development: China could not catch-up

4.3.1 "Combination" form of Chinese Development?

4.3.2 Unevenness between China and developed economies

4.3.3 Unevenness between regions within China

4.3.4 Sectoral Unevenness within China

4.3.5 Urban-rural gap

4.3.5.1 Income equality in China

4.3.6 Summary

4.4 Conclusion

5. UNDERSTANDING CHINESE POLITICAL ECONOMY

5.1 Introduction

5.2 Chinese Official Narrative of "Socialism with Chinese Characteristics"

5.3 Analysis of "Socialism with Chinese Characteristics"

5.4 Scholarly debate on the nature of the Chinese political economy

5.5 Conclusion

6. CHINA'S VARIETY OF CAPITALISM

6.1 Introduction

6.2 Modernisation Theory's Expectations of the Chinese Development Model

6.2.1 China Model: Free-market Development Model?

6.3 Developmental State Theory's Expectations of the Chinese Development Model

6.3.1 China Model: State-led Development Model?

6.4 Conclusion

7. POTENTIAL CHALLENGES TO CHINA'S CATCH-UP TO THE WEST

7.1 Introduction

7.2 Internal challenges

7.2.1 Slowing economic growth

7.2.2 Declining innovation and investment

7.2.3 Housing market crisis

7.2.4 Growing dissatisfaction and protest within China

7.3 External challenges

7.3.1 Decoupling to De-risking from the Chinese Economy

7.3.2 The US-China Trade War

7.3.3 From Trade War to Tech War

7.3.4 Wide-ranging competition and potential confrontation with the US

7.4 Conclusion

8. CONCLUSION

8.1 Introduction

8.2 Developmental Catch-up in China

8.3 China Development Model

8.4 Potential Challenges to China's Catch-Up

8.5 Conclusion

Notes

References

Index