What consensus? Geopolitics and policy paradigms in China and the United States

Mark Beeson, F. Li

    Research output: Contribution to journalArticlepeer-review

    33 Citations (Scopus)

    Abstract

    © 2015 The Royal Institute of International Affairs. The Washington Consensus is not what it was. A model of development associated with the Untied States, it has been diminished both by apparent failures, widespread criticism and by the recent economic crisis that had its origins in the US. Anglo-American capitalism has lost a good deal of its influence and attractiveness. As a consequence, alternative models of development have become more prominent, especially the so-called Beijing Consensus. The authors argue that at one level this evolving policy discourse and debate reflects a long-term structural change in the relative positions of China and the United States. However, it is far from clear that this transformation has gone far enough to underpin a significant ideational or policy challenge on China's part. On the contrary, the debate in China demonstrates that there is little appetite for, or expectation of, a major paradigm change in the near future.
    Original languageEnglish
    Pages (from-to)93-109
    JournalINTERNATIONAL AFFAIRS
    Volume91
    Issue number1
    DOIs
    Publication statusPublished - 2015

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