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Past Event

China and Global Development Seminar – From Poverty to Prosperity: Explaining China’s Growth Based on A-C Model

14 February 2020 13:00–0:14

Shipping port in Bangkok, Thailand. China has been promoting economic and trade cooperation with Thailand in recent years to advance its One Belt, One Road initiative. Some applaud the initiative’s potential to progress global sustainability; others argue that it poses considerable social, economic, environmental, political and security risks. © Thatree Thitivongvaroon / Getty Images.

The China and Global Development Seminar Series is 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.

China has become the major force for global development in recent years. China’s size and strategic importance means that its growth and growing influence, through global governance institutions and through initiatives such as the Belt and Road, will become increasingly critical for global development. This is especially the case in the context of the UN Global Goals, where China’s actions and investments, alone and in co-operation with other countries including the UK, will have a major influence on capacities to achieve multiple SDGs in a range of low and middle income countries.

The China and Global Development Seminar Series is the pre-eminent forum for discussion of China’s role in global development. It aims to facilitate dialogue between critical and varied actors on themes relating to China’s new role in global governance and development cooperation. In particular, China’s developmental engagement in developing countries. The seminar series involve IDS, University of Sussex and its UK and global networks and partners. It brings a range of distinguished speakers from around UK and the world to share their latest research and thinking on China in the world.

This seminar

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: YANG Guangpu, 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; Richard Jolly

Chair: Jing Gu

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