From poverty to prosperity: Explaining China’s growth based on A-C Model

This event is in the past. Here for information only.

This seminar proposes an institutional analytic framework to explain the path an economy takes from poverty to prosperity.

Close examination of the development history of China since the Xinhai Revolution in 1911 under this framework indicates that it is the combination of the unbiased single-peaked governance and an access-opening economy that makes the high-speed growth of China over 40 years. Furthermore, a political economic general equilibrium model – the Accessibility-Cohesion Model (for short, A-C Model) – under the analytic framework is sketched and it is shown that continuous economic growth can be cultivated by either unbiased single-peaked or compromise-oriented multi-peaked political governance, as long as political cohesion and common actions can be achieved and economic accessibility is guaranteed.

Speaker

Guangpu Yang, Associate Research Fellow at the Development Research Center (DRC) of the State Council, P. R. China, and currently a Visiting Scholar at the Blavatnik School of Government, Oxford University

Discussants

Peter Holmes, Associate Fellow of the Science Policy Research Unit, University of Sussex

Richard Jolly, Research Associate, Institute of Development Studies

Chair

Jing Gu, Research Fellow and Director of the Centre for Rising Powers, Institute of Development Studies

This seminar is part of the China and Global Development Series, convened by the UK Anchor Institution for China International Development Research Collaboration, led by IDS and the IDS Centre for Rising Powers and Global Development, and in partnership with the China International Development Research Network (CIDRN).