Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/108263
Authors: 
Csanádi, Mária
Year of Publication: 
2012
Series/Report no.: 
IEHAS Discussion Papers MT-DP - 2012/9
Abstract: 
Global downturn in 2008 exerted strong adaptation pressures on China that incited prompt state response. The one-off large state intervention had consequences in several dimensions: on the one hand, it had a positive impact on the system's short-term economic, social and political stability by dynamizing different economic sub-spheres. State intervention, at the same time, temporary slowed down the process of economic transformation and also mobilized system characteristics that lead to overheating and to renewed state intervention to cool it down. This paper sheds light on the consequences of adaptation to external and internal pressures on national, sectoral, regional, and structural dimensions from a systemic point of view.
Subjects: 
party-state model
short-term shocks
adaptation
system transformation
global crisis
overheating
spatial disparities
JEL: 
F5
D78
R58
J08
O15
E24
ISBN: 
978-615-5243-02-8
Document Type: 
Working Paper

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