Beijing consensus narrates

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Ideological Appeal and the Beijing Consensus Cohort A Team 3 Alan Scott Chad Cunningham Elward Jellison Heather Lawson Sunita Thaleshvar

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Transcript of Beijing consensus narrates

  • 1. Ideological Appeal and the Beijing Consensus
    Cohort A Team 3
    Alan Scott
    Chad Cunningham
    ElwardJellison
    Heather Lawson
    SunitaThaleshvar

2. 3. 4. Sources: John Williamson, What Washington means by policy reform, in John Williamson, ed., Latin American Adjustment: How Much Has Happened? (Washington, DC: Institute for International Economics, 1990). Kennedy, Scott. "The Myth of the Beijing Consensus." Journal of Contemporary China 19, no. 65 (June 2010): 8.. Academic Search Premier, EBSCOhost (accessed August 23, 2011).
5. Ramo, Joshua Cooper. The Beijing Consensus, Foreign Policy Center, 2004, Page 4
6. To those that support the Washington Consensus, the disappointing results were a sign it was misunderstood.
To the critics, the failure of the Washington Consensus demonstrated the need for a new approach.
Scott Kennedy, The Myth of the Beijing Consensus, Journal of Contemporary China, 19:65, 462
7. 8. 9. Source: Joshua Cooper Ramo, The Beijing Consensus: Notes on the New Physics of Chinese Power
(London: Foreign Policy Centre, 2004).
10. 11. Joshua Cooper Ramo, author of The Beijing Consensus, writes;
China is marking a path for other nations around the world who are trying to figure out not simply how to develop their countries, but also how to fit into the international order
12. For the first time in many years it is not the western democracies that are defining the future of our planet.
Rein Mullerson, Crouching Tiger or Hidden Dragpn? Shuzheng, accessed August 18, 2011
13. Rein Mullerson, Crouching Tiger or Hidden Dragon? Shuzheng, accessed August 18, 2011
14. 15. Chinas approach to unencumbered aid appeals to developing nations
http://www.telegraph.co/uk/news/worldnews/asia/china/8243751/Beware-the-Beijing-Consensus-is-a-sinister-one.html
http:///www.thebrokeronline.eu/en/Articles/How-will-the-Beijing-Consensus-benefit-Africa
16. Foreign Aid with no strings attached
While traditional donors in many cases require reforms to be undertaken or elections to be held before aid is dispersed, China does not
KristianKjollesdal, Foreign Aid Strategies: China Taking Over? Asian Social Science, Vol 6, pg 7
17. 18. For developing countries, ability to develop economic growth, maintain ethnic harmony (in case of multi-ethnic societies), limiting corruption, sustaining order and stability are equally if not rather more, important considerations than democracy
19. China appeal with developing nations
Unknown Senior Chinese Leader. Ramo, , Joshua Cooper. The Beijing Consensus, Foreign Policy Center, 2004, Page 24
20. Sudan opinion poll shows that China soft power is greater with developing nations
21. The political structure of China is seen as synonymous with social order and the overall objective is developing a harmonious and balanced society.
22. Six out of seven nations comprising Lebanon, South Africa, Chile, Brazil, Argentina and Mexico favour China influence in the world
23. 24. Effects on multinationals
Increase in state-owned businesses.
When in China do as the Chinese do.
25. The GE strategy in China:
Localize.
Satisfy the needs highlighted by the government
Cooperate with major state-owned enterprises
Source: Meeting of the multinationals. Beijing review. http://www.bjreview.com.cn/quotes/txt/2010-09/20/content_299308.htm
26. Good business environment
Samsungs CEO Yun Yong states; Chinese officials are perhaps the most accommodating in the world to foreign investors, because their job performance is evaluated on the amount of foreign capital they attract.
27. China is the biggest recipient of foreign direct investment in the world.
28. The World Bank has convened a Beijing conference on the theme of What other countries can learn from China
Chinas robust economic performance should be a source of inspiration for other developing countries*
WTO head SapachaiPanitchpakdi
29. 30. Modelski slide Phase 3 is circled as this is where we think the US is now
31. Power Index USA vs. ChinaToday
32. Power Index USA vs. ChinaFuture
33. What lessons does the Beijing Consensus have for developing nations?
There is another way
A key component is self-determination.
Western nations tend to push their ideology onto developing nations.
34. Is the Beijing Consensus is limited by Chinas own unique experience?
the long experiment with socialism
the worlds largest population
a noteworthy Confucian tradition
a unified national identity all make China distinctly Chinese.
Turin, Dustin R. China and the Beijing Consensus: An Alternative Model for Development. Student Pulse Academic Journal. January 2010 Page 11
35. Thank you for watching!