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@article{ART002476253},
author={Yoo, Heebok},
title={The Evolution of China’s Economy: From National Development to a Tool for Global Governance Change},
journal={Journal of Asia-Pacific Studies},
issn={1225-8539},
year={2019},
volume={26},
number={2},
pages={49-95},
doi={10.18107/japs.2019.26.2.002}

TY - JOUR
AU - Yoo, Heebok
TI - The Evolution of China’s Economy: From National Development to a Tool for Global Governance Change
JO - Journal of Asia-Pacific Studies
PY - 2019
VL - 26
IS - 2
PB - Institute of Global Affairs
SP - 49
EP - 95
SN - 1225-8539
AB - Since the reform and opening in 1978, China has made rapid economic growth and become a rising power. Entering a ‘period of strategic opportunity’ in around 2002, China has begun to use its economy strategically since 2004 to enhance its national power and create favorable international environment for it. For this purpose, China has taken advantage of its vast market, state-owned assets and socialist heritage to push for a qualitative transition in its economic development and reform of global economic governance. China has been pushing for global governance reforms not only within the existing institutions, such as the IMF, WB and WTO, but also outside the system by suggesting “Belt and Road” initiative and establishing MDBs such as AIIB and NDB. In addition to the multilateral-level reform efforts, China also sought to promote reforms at bilateral level using economic carrots and sticks. China seeks to promote its international status and realize the Chinese dream through the strategic utilization of its economy, forming a South-South coalition and linking its view on global governance to that of the United Nations via such a shared mandate as the establishment of a ‘new international economic order’ to secure its foreign policy legitimacy and defend its core national interests including development interests home and abroad.
KW - Chinese Dream;Global Governance;Bretton Woods;One Belt & One Road;AIIB
DO - 10.18107/japs.2019.26.2.002
ER -

Yoo, Heebok. (2019). The Evolution of China’s Economy: From National Development to a Tool for Global Governance Change. Journal of Asia-Pacific Studies, 26(2), 49-95.

Yoo, Heebok. 2019, "The Evolution of China’s Economy: From National Development to a Tool for Global Governance Change", Journal of Asia-Pacific Studies, vol.26, no.2 pp.49-95. Available from: doi:10.18107/japs.2019.26.2.002

Yoo, Heebok "The Evolution of China’s Economy: From National Development to a Tool for Global Governance Change" Journal of Asia-Pacific Studies 26.2 pp.49-95 (2019) : 49.

Yoo, Heebok. The Evolution of China’s Economy: From National Development to a Tool for Global Governance Change. 2019; 26(2), 49-95. Available from: doi:10.18107/japs.2019.26.2.002

Yoo, Heebok. "The Evolution of China’s Economy: From National Development to a Tool for Global Governance Change" Journal of Asia-Pacific Studies 26, no.2 (2019) : 49-95.doi: 10.18107/japs.2019.26.2.002

Yoo, Heebok. The Evolution of China’s Economy: From National Development to a Tool for Global Governance Change. Journal of Asia-Pacific Studies, 26(2), 49-95. doi: 10.18107/japs.2019.26.2.002

Yoo, Heebok. The Evolution of China’s Economy: From National Development to a Tool for Global Governance Change. Journal of Asia-Pacific Studies. 2019; 26(2) 49-95. doi: 10.18107/japs.2019.26.2.002

Yoo, Heebok. The Evolution of China’s Economy: From National Development to a Tool for Global Governance Change. 2019; 26(2), 49-95. Available from: doi:10.18107/japs.2019.26.2.002

Yoo, Heebok. "The Evolution of China’s Economy: From National Development to a Tool for Global Governance Change" Journal of Asia-Pacific Studies 26, no.2 (2019) : 49-95.doi: 10.18107/japs.2019.26.2.002