TY - JOUR
T1 - The Structural Roots of China’s Effectiveness against Coronavirus Pandemic
AU - Macheda, Francesco
N1 - Publisher Copyright:
© 2021 Chinese Academy of Social Sciences.
PY - 2020
Y1 - 2020
N2 - China’s effectiveness in quickly solving the health crisis caused by the coronavirus pandemic and in softening its economic impact is rooted in the structural characteristics of its development model, in which state-owned enterprises remain crucial. This article holds that a strong public presence within the industrial and banking sectors has provided Chinese government with the opportunity to rapidly reactivate domestic production and, potentially, to maximise the effectiveness of the recently launched monetary and fiscal policy measures.
AB - China’s effectiveness in quickly solving the health crisis caused by the coronavirus pandemic and in softening its economic impact is rooted in the structural characteristics of its development model, in which state-owned enterprises remain crucial. This article holds that a strong public presence within the industrial and banking sectors has provided Chinese government with the opportunity to rapidly reactivate domestic production and, potentially, to maximise the effectiveness of the recently launched monetary and fiscal policy measures.
KW - COVID economic impact
KW - China
KW - fiscal and monetary policy
KW - state-owned enterprises
UR - http://www.scopus.com/inward/record.url?scp=85113400470&partnerID=8YFLogxK
U2 - 10.1080/21598282.2020.1869993
DO - 10.1080/21598282.2020.1869993
M3 - Article
AN - SCOPUS:85113400470
SN - 2159-8312
VL - 10
SP - 605
EP - 634
JO - International Critical Thought
JF - International Critical Thought
IS - 4
ER -