Dynamics of Chinese-Style Developmentalism as the Mode of Régulation: Formation, Weakening, and Redesign of Flexible Rigidity

  • Lei SongEmail author
  • Chengnan Yan
Part of the Evolutionary Economics and Social Complexity Science book series (EESCS, volume 11)


In recent years, the Chinese economy has shifted gear from the previous high-speed growth to a medium-to-high speed growth. As the number two largest economies in the world, economic slowing down will not fundamentally weaken China’s political and economic positions in the international system. However, changes captured by the term “new normal” have attracted attentions from the academic circles. Against the backdrop of this challenge, scholars are challenged to come up with a new framework, which is both logical and consistent, to explain the Chinese economic growth and adjustment in the whole reform era.


  1. Amsden A (1989) Asia’s next giant: South Korea and late industrialization. Oxford University Press, New YorkGoogle Scholar
  2. Beeson M (2009) Developmental states in East Asia: a comparison of Japanese and Chinese experiences. Asian Perspect 33(2):5–39Google Scholar
  3. Boltho A, Weber M (2009) Did China follow the East Asian development model. Eur J Comp Econ 6(2):267–286Google Scholar
  4. Commons J (1959) Institutional economics. The University of Wisconsin University Press, MadisonGoogle Scholar
  5. Deyo F (ed) (1987) The political economy of the new Asian industrialism. Cornell University Press, IthacaGoogle Scholar
  6. Dore R (1973) British factory, Japanese factory: the origins of National Diversity in industrial relations. California University Press, Berkeley/Los AngelesGoogle Scholar
  7. Gao B (1997) Economic ideology and Japanese industrial policy: developmentalism from 1931 to 1965. Cambridge University Press, CambridgeCrossRefGoogle Scholar
  8. Gao B (2013) Neoliberal and classical developmentalism: a comparative analysis of the Chinese and Japanese models of economic development. In Huang XM (ed) Modern economic development in Japan and China: developmentalism, capitalism, and the world economic system. Palgrave, LondonCrossRefGoogle Scholar
  9. Gerschenkron A (1962) Economic backwardness in historical perspective. Belknap Press of Harvard University Press, CambridgeGoogle Scholar
  10. Harvey D (2007) The limits to capitalism. Verso, BrooklynGoogle Scholar
  11. Hayami Y, Godo Y (2005) Development economics: from the poverty to the wealth of nations. Oxford University Press, OxfordCrossRefGoogle Scholar
  12. Huang YS (2008) Capitalism with Chinese characteristics: entrepreneurship and the state. Cambridge University Press, CambridgeCrossRefGoogle Scholar
  13. Jin HH, Qian YY, Weingast B (2005) Regional decentralization and fiscal incentives: federalism, Chinese style. J Pub Econ 89(9–10):1719–1742CrossRefGoogle Scholar
  14. Johnson C (1982) MITI and the Japanese miracle: the growth of industrial policy: 1925–1975. Stanford University Press, StanfordGoogle Scholar
  15. Kornai J (1980) Economics of shortage. North Holland Press, AmsterdamGoogle Scholar
  16. Li HB, Zhou LA (2005) Political turnover and economic performance: the incentive role of personnel control in China. J Public Econ 89:1743–1762CrossRefGoogle Scholar
  17. Lin JYF (1991) The household responsibility system reform and the adoption of hybrid rice in China. J Dev Econ 36(2):353–372CrossRefGoogle Scholar
  18. Murakami Y (1992) An anticlassical political-economic analysis (II). Tyuuoukouronnshya, Tokyo (in Japanese)Google Scholar
  19. Naughton B (2008) China’s left tilt: pendulum swing or midcourse correction? In: Cheng L (ed) China’s changing political landscape: prospects for democracy. Washington, DC: Brookings Institution PressGoogle Scholar
  20. North D (1992) Transaction costs, institutions and economic performance, occasional papers, no.30. ICEGGoogle Scholar
  21. O’Donnell G (1973) Modernization and bureaucratic authoritarianism: studies in South American politics. Institute for International Studies, University of California, BerkeleyGoogle Scholar
  22. Oi J (1992) Fiscal decentralization and local state corporatism. World Politics 45(1):99–126CrossRefGoogle Scholar
  23. Qian YY, Weingast B (1997) Federalism as a commitment to preserving market incentives. J Econ Perspect 11(4):83–92CrossRefGoogle Scholar
  24. Ramo JC (2004) The Beijing consensus. The Foreign Policy Centre, LondonGoogle Scholar
  25. Song L (2001) The limits of gradual reform without long-term perspectives: instability of institutional Foundation of Chinese Economy. Keizaikagaku 50(1):65–84 (in Japanese)Google Scholar
  26. Song L (2008) The origin, typology of China’s modularization trap and the growth of productivity. Open Times 40(2):88–93 (in Chinese)Google Scholar
  27. Song L (2015) Gerschenkron-Dore proposition and Chinese practices. Open Times 33(5):183–198 (in Chinese)Google Scholar
  28. Song L, Ge DS (2013) Compressed Development and its Impacts on Innovative Activity: Analytical Framework and Evidences from China. In: Hirakawa H et al (eds) Servitization, IT-ization and innovation models: two-stage industrial cluster theory. Routledge, LondonGoogle Scholar
  29. Song L, Zhang RB (2013) Beyond ideological and empirical descriptions: theorizing Japanese and Chinese development experiences. In: Huang XM (ed)Google Scholar
  30. Sturgeon T (2002) Modular Production Networks: An American Model of Industrial Organization. Ind Corporate Change 11(3):451–496CrossRefGoogle Scholar
  31. Suehiro A (2010) Catch-up industrialization: the trajectory and prospects of East Asian economies. NUS Press, SingaporeGoogle Scholar
  32. Uni H (1995) Japan’s export-led growth. Polit Econ Q 32:90–105 (in Japanese)Google Scholar
  33. Uni H, Song L, Yang JH (2004) Export-led growth and exchange rate regime in East Asia (1). Keizaironnsyuu 174(5,6):1–15 (in Japanese)Google Scholar
  34. Uni H, Song L, Yang JH (2005) Export-led growth and exchange rate regime in East Asia (2). Keizaironnsyuu 175(1):1–16 (in Japanese)Google Scholar

Copyright information

© Springer Japan KK, part of Springer Nature 2018

Authors and Affiliations

  1. 1.Peking UniversityBeijingChina
  2. 2.Rikkyo UniversityTokyoJapan

Personalised recommendations