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💥A quick appetizer 🧵for my new article. #Chinese investments and #democratic #backsliding are mutually reinforcing in #Hungary. To further monopolize #political and #economic #power, the #Orbán govt continues utilising business provided by #Beijing bit.ly/3G4iICo 1/ 
After the 🇭🇺 MFA declared that it fully respects the “OneChinaPolicy”, the 🇨🇳 @catl_official announced the largest #industrial investment in #Hungary’s history. It stems from the strategy w/ which #Orbán committed himself to a China-friendly policy for pragmatic reasons 2/
The 🇭🇺 govt tilted the playing field w/ #clientelist #corruption. It created additional #informal sources through which #Orbán cemented #political #economic power. Economic ties with 🇨🇳 became an instrument to explore Asian markets/expand business in a #nontransparent way 3/
Where does the New Whole State System 新举国体制come from? To what extent does it help advance China's innovation in strategic sectors like semiconductors? How does it inform about the global concurrent expansion of state capitalism? Here's our new article
journals.sagepub.com/doi/full/10.11…
journals.sagepub.com/doi/full/10.11…
Instead of perpetuating the geo-imaginary of Western liberal democracy vs. Chinese authoritarianism, we situate the p-2008 expansion of state capitalism in China as part of the worldwide response to the crisis of global capitalism (over-production, excess liquidity, slow growth)
Focusing on the NWSS as an assemblage of discourses, policies, and practices, we show how it builds on/departs from the old socialist whole state system. We argue that the Chinese state is not monolithic, unchanging, and culturally essentialist.
We have a NEW BLOG SERIES!
State capitalism(s) - Interrogating the ‘return’ of the state in development.
Want to contribute? Get in touch with @IliasAlami and/or @farwasial.
and help us spread the word! developingeconomics.org/2019/11/20/new…
State capitalism(s) - Interrogating the ‘return’ of the state in development.
Want to contribute? Get in touch with @IliasAlami and/or @farwasial.
and help us spread the word! developingeconomics.org/2019/11/20/new…
The first contribution to the blog series is by @IliasAlami & Adam Dixon (@MaastrichtU): State Capitalism Redux?
They provide some contextual information on the rise of new state capitalism and critically engage w/the recent literature. #statecapitalism
developingeconomics.org/2019/11/20/sta…
They provide some contextual information on the rise of new state capitalism and critically engage w/the recent literature. #statecapitalism
developingeconomics.org/2019/11/20/sta…
Next up in the blog series is Milford Bateman's The Local State Origins of National Development, where he unpacks the importance of innovative & determined activities of sub-national ‘bottom-up’ developmental state institutions for successful development. developingeconomics.org/2019/12/17/the…
