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China—The Champion of the Developing World: A Study of China's new Development Model and its Role in Changing Global Economic Governance
Author(s) -
Duggan Niall
Publication year - 2020
Publication title -
politics and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.259
H-Index - 23
eISSN - 1747-1346
pISSN - 1555-5623
DOI - 10.1111/polp.12377
Subject(s) - champion , china , global governance , corporate governance , politics , political science , washington consensus , political economy , international political economy , economic system , economics , economic growth , development economics , management , law
One of the key questions in international political economy is how the ascent of the People's Republic of China (PRC) will affect global economic governance. The rise of the PRC, the success of its new development model, and the attempts to replicate that model in regions, such as Africa, have fueled a new round of debates concerning the sustainability of the transatlantic norms, ideas, and institutions that have dominated global economic governance. As several regions are attempting to adopt aspects of the PRC's model, the success of China's development model represents a new force in defining the rules of the game. Using role theory, this study examines the PRC's self‐described role as the “Champion of the Developing World” in global economic governance and uncovers how the PRC's new development model affects the PRC's current position within and outside the architecture of global economic governance. Related Articles (in this Special Issue) Åberg, John H. S., and Derick Becker. 2020. “China as Exemplar: Justin Lin, New Structural Economics, and the Unorthodox Orthodoxy of the China Model.” Politics & Policy 48 (5). Babones, Salvatore. 2020. “China's Development Model: Can it be Replicated in Sub‐Saharan Africa?” Politics & Policy 48 (5). Ziso, Edson. 2020. “The Political Economy of the Chinese Model in Ethiopia.” Politics & Policy 48 (5).