The Politics of Deepening Economic Reform and the Role of the State in China
March 29, 2012 , 5:00 pm – 7:00 pm
Please join Jean-Francois Huchet of INALCO-Langues’ University in Paris and India China Institute for this event.
While calls in favor of a deepening of economic reforms are increasing both in China and abroad, it is still unclear what will be the content of the economic program of the new team of leaders who will succeed the current CCP leadership next October. Although most of these economic reforms needed to pursue a more balanced growth have been clearly identified (see for example the recent report China 2030 signed jointly by the World Bank and the Development Centre of the State Council), the political conditions for their implementation are still far from being met. Indeed, many of these economic reforms, if they were implemented, would require an evolution of the political framework set by Deng Xiaoping in 1992. Specifically, these reforms would require profound changes of state action in the economy, particularly on issues of public sector, fiscal policies at local government level and the sharing of wealth between capital and labor.