Finance, development and the Chinese entrepreneurial state: A Schumpeter- Keynes – Minsky approach

The paper’s central claim is that China’s speed and ability to leapfrog its peer-nations in the last three decades stems, largely, from the fact that it is a fully developed Entrepreneurial State (ES). The discussion seeks to dig deeper on ES as a bridging concept that fits well with the Schumpeter-...

Full description

Bibliographic Details
Author: Burlamaqui, Leonardo
Format: article
Status:Published version
Publication Date:2015
Country:Brasil
Institution:EDITORA 34
Repository:Revista de Economia Política
Language:English
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/247
Online Access:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/247
Access Level:Open access
Keyword:China
state
finance
Schumpeter
Keynes
Minsky
estado
sistema financeiro
Description
Summary:The paper’s central claim is that China’s speed and ability to leapfrog its peer-nations in the last three decades stems, largely, from the fact that it is a fully developed Entrepreneurial State (ES). The discussion seeks to dig deeper on ES as a bridging concept that fits well with the Schumpeter-Keynes-Minsky analytical framework and one that is particularly appropriated analyzing contemporary China’s development trajectory. Although rooted in a historical perspective and using historical examples, the main purpose of the paper is analytical, not descriptive. JEL Classification: O1; O33; O38.