Define the Beijing Consensus, and Explain Its Relevance to Globalization

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The Answer is Varies. In broader terms, Chinese development, guided by a strong state, resonates elsewhere (as a post-Washington Consensus model), given the volatility of the neoliberal globalization project. For example, Southeast Asian states are combining authoritarian political systems with market regulation (as opposed to free markets and democracy), in a new Beijing Consensus. This is important because China's stable, if repressive, politics and high-speed economic growth-called the "Beijing Consensus"-have impressed elites in places such as Thailand, where democracy seems to have produced only modest results, muddled economic planning, and political strife. China encourages this new Beijing Consensus by each year training more than 10,000 bureaucrats from other developing countries in economic management and various civil-service skills-in sessions at which China's successes in improving living standards are promoted. The effect is to offer an alternative (post-Washington Consensus model to countries in the global south).

Define the Beijing Consensus, and Explain Its Relevance to Globalization

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Define the Beijing Consensus, and Explain Its Relevance to Globalization

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