The Beijing Consensus refers to the political and economic policies of the People’s Republic of China instituted after Mao. The Beijing Consensus is increasingly viewed by developing countries as an Source: Joshua Cooper Ramo: “The Beijing Consensus: Notes on the New. Beijing Consensus was a term initially coined by Joshua Cooper Ramo in , as a superior, and distinctly Asian, developmental model.
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The policies are thought to have contributed to China’s eightfold growth in gross national product cioper two decades. Ramo has detailed it as a pragmatic policy that uses innovation and experimentation to achieve “equitable, peaceful high-quality growth”, and “defense of national borders and interests”,  whereas other scholars have used it to refer to “stable, if repressive, politics and high-speed economic growth”.
Ramo coooper a cloper senior editor and foreign editor of Time magazine and later a partner at Kissinger Associatesthe consulting firm of former U. Secretary of State Henry Kissinger. The first guideline involves a “commitment to innovation and constant experimentation. Ramo argues that there is no perfect solution, and that the only true path to success is one that is dynamic, as no one plan works for every situation.
Rather, Ramo feels that the sustainability of the economic system and an even distribution of wealth, along with GDPare important indicators of progress. The third guideline urges a policy of self-determination, where the less-developed nations use leverage to keep the superpowers in check and assure their own financial sovereignty. This includes not only financial self-determination, but also a shift to the most effective military strategy, which Ramo suggests is more likely to be an asymmetric strategy rather than one that seeks direct confrontation.
Unlike the Washington Consensus, which largely ignored questions of geo-politicsRamo argues—particularly in the Chinese context—that geo-politics and geo-economics are fundamentally linked. One critic of Ramo’s plan is University of Oregon professor Arif Dirlika “notable specialist in Chinese and in intellectual history,” who wrote the paper Beijing Consensus: Although Dirlik is intrigued by the concepts and philosophy of Ramo’s Beijing Consensus, he says that Ramo’s plan is a “Silicon Valley model of development” that ignores the fact that the exploitation of China’s labor force by consensuw countries was a major part of the Chinese development.
Stefan HalperDirector of American Studies at the Department of Politics, Cambridge and former foreign policy official in the NixonFordand Reagan administrations, offered his own interpretation of the term in his book, The Beijing Consensus: Halper argues that China’s model of economic development without corresponding democratic reforms is serving as a template throughout the developing world.
It is one that Beijing eagerly exports as demonstrated by its support of other illiberal regimes, such as those in SudanAngolaor Zimbabwe by offering developing countries “no-strings-attached gifts consenssus loans”, rather than “promoting democracy through economic aid”, as does the West.
He sees this as establishing a trend “Away from the market – democratic model—and toward a new type of capitalismwhich can flourish without the values and norms of Western liberalism ”  which could ultimately supplant the Washington consensus.
The China Model is sometimes used interchangeably with the Beijing Consensus,  and sometimes by those who insist “it is inaccurate to describe the Chinese model as the ‘Beijing consensus’ versus the ‘Washington consensus’.
According to academic and former Chinese official Zhang Beijng, the “key features” of the model are:. The model received considerable attention following the beiing economic downturn in the Western world as an alternative to the “Washington Consensus” liberal-market approach. Critics at the free-market oriented magazine The Economist have called the model “unclear” and an invention of “American think-tank eggheads” and “plumage-puffed Chinese academics”.
Many economic problems that we face are actually political problems in disguise, such as the nature of the economy, the nature of the ownership system in the country and groups of vested interests.
The problems are so serious that they have to be solved now and can no longer be put off. In ojshua, Zhang Weiyingprofessor at Peking University ‘s National School of Development, argued that China’s economic development since was not due to a distinctive “China model”. He added that, “From the western perspective, the ‘China model’ conaensus makes China into an alarming outlier, and must lead to conflict between China and the western world”, adding that the tariffs and the trade war persued by U.
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Retrieved 28 January This paper represents a first-cut effort at operationalizing and measuring the so-called Beijing Consensus or China Modela form of state capitalism which some see as an ideological alternative to the Washington Consensus and a challenge to American soft power. The Foreign Policy Centre. Is There a Beijing Consensus?
An Alternative Model for Development”. Student Pulse Academic Journal. Retrieved January 28, The Case of China”. Barnett Papers in Social Research. Check date values in: Not an actual interview, quotations are drawn from book with questions added to provide context.
It is inaccurate to describe the Chinese model as the “Beijing consensus” versus the “Washington consensus. Retrieved October 30, Retrieved 31 October Retrieved from ” https: Economic development policy Development economics Political-economic models Economy of China. Views Read Edit View history.
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The Beijing Consensus – Joshua Cooper Ramo – Google Books
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