A política industrial chinesa como determinante de sua estratégia going global
By: MASIERO, Gilmar.
Contributor(s): COELHO, Diego Bonaldo.
Material type: ArticlePublisher: São Paulo : Editora 34, jan./mar. 2014Online resources: Acesso Revista de Economia Política = Brazilian Journal of Political Economy 34, 1, p. 139-157Abstract: The Chinese industrial policy as determinant of its going global strategy. China has experienced not only high rates of economic growth as well as an unprecedented competitive international insertion since the turn of the century. This process was not guided solely by market forces or influenced by Government intervention in the economy. Although much has been argued that Chinas going global strategy is rooted in state action, and especially its policy of exchange rate depreciation and trade policy incentives for exports and investments abroad, we argue that the major determinant of this strategy, which established the basic conditions for industrial competitiveness, was its industrial policy. The focus of this article is on the changes in Chinas industrial structure, emphasizing that Chinese industrial policy is a central determinant of its international insertion strategy.The Chinese industrial policy as determinant of its going global strategy. China has experienced not only high rates of economic growth as well as an unprecedented competitive international insertion since the turn of the century. This process was not guided solely by market forces or influenced by Government intervention in the economy. Although much has been argued that Chinas going global strategy is rooted in state action, and especially its policy of exchange rate depreciation and trade policy incentives for exports and investments abroad, we argue that the major determinant of this strategy, which established the basic conditions for industrial competitiveness, was its industrial policy. The focus of this article is on the changes in Chinas industrial structure, emphasizing that Chinese industrial policy is a central determinant of its international insertion strategy.
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