scholarly journals China as Exemplar: Justin Lin, New Structural Economics, and the Unorthodox Orthodoxy of the China Model

2020 ◽  
Vol 48 (5) ◽  
pp. 815-835
Author(s):  
John H. S. Åberg ◽  
Derick Becker
2019 ◽  
Vol 69 (2) ◽  
pp. 568-576
Author(s):  
Chenyang Li
Keyword(s):  

Urban Studies ◽  
2016 ◽  
Vol 54 (1) ◽  
pp. 230-250 ◽  
Author(s):  
Fubing Su ◽  
Ran Tao
Keyword(s):  

2017 ◽  
Vol 1 (1) ◽  
pp. 4 ◽  
Author(s):  
Justin Yifu Lin ◽  
Yan Wang

The world economy needs a growth-lifting strategy, and infrastructure financing seems to hold the key. Based on the New Structural Economics (Lin, 2010; 2012) we discuss the heterogeneity of capital focusing on the long-term versus short-term orientation (STO). Traditional neoliberalism assumes that capital is homogenous, complete capital account liberalization is “beneficial”.However, previous studies have found evidence of long-term orientation (LTO) in the culture of many Asian economies (Hofstede, 1991). In this exploratory paper, we suggest that the LTO can be considered a special endowment which, under certain circumstances, can be developed into a comparative advantage (CA) in patient capital. If these countries can turn their latent CA into arevealed CA in patient capital, and develop the ability to “package” profitable and non-profitable projects in meaningful ways, they would have a “revealed” competitive advantage in infrastructure financing. The ability to “package” public infrastructure and private services is one of the key institutional factors for success in overseas cooperation.


2018 ◽  
Author(s):  
Yating Lin ◽  
Gilles Ramstein ◽  
Haibin Wu ◽  
Raj Rani ◽  
Pascale Braconnot ◽  
...  

2012 ◽  
Vol 21 (73) ◽  
pp. 169-185 ◽  
Author(s):  
Minglu Chen ◽  
David S. G. Goodman
Keyword(s):  

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