Monday, January 18, 2016

China’s contingencies and globalisation By Jan Nederveen Pieterse

Jan Nederveen Pieterse Global Studies, University of California, Santa Barbara, USA

Third World Quarterly, 2015 Vol. 36, No. 11, 1985–2001

Will China be able to rebalance its economy, heavily tilted towards investment? Will it be able to increase the share of household con- sumption in GDP? Will it turn steeply growing social inequality around? Will urbanisation contribute to China’s rebalancing or will it add to the imbalances? Will China manage to bring pollution under control? Such variables will determine whether China can move beyond the middle-income trap and also affect its external relations. In addition, China’s rebalancing is a variable in global rebalancing. This article provides an introduction to the special issue.

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