“High-quality” economic development: China’s conciliation between economic growth and environmental sustainability

Vol. 44 No. 4 (2024)

Oct-Dez / 2024
Published October 8, 2024
PDF-English
PDF-English

How to Cite

Libânio, Gilberto, and Diana Chaib. 2024. “‘High-quality’ Economic Development: China’s Conciliation Between Economic Growth and Environmental Sustainability”. Brazilian Journal of Political Economy 44 (4):698-713. https://doi.org/10.1590/0101-31572024-3618.

“High-quality” economic development: China’s conciliation between economic growth and environmental sustainability

Gilberto Libânio
Professor of Economics at CEDEPLAR/UFMG, Belo Horizonte/MG, Brazil. E-mail: gilberto@cedeplar. ufmg.br.
Diana Chaib
PhD Candidate at CEDEPLAR/UFMG, Belo Horizonte/MG, Brazil. E-mail: dianachaib@cedeplar. ufmg.br.
Brazilian Journal of Political Economy, Vol. 44 No. 4 (2024), Oct-Dez / 2024, Pages 698-713

Abstract

This paper aims to examine the concept of “high-quality” economic development,
as the new strategy adopted by China to reconcile economic growth and environmental
sustainability. It will be argued that it is not possible to understand the prospects for the
development of the Chinese economy without considering the institutional framework of
State action and the conduct of macroeconomic policy – which allows us to define China as
a developmental state. In addition, the main goals and achievements of China in regard to
energetic transition will be presented. In this paper, China is taken as a successful example
from which Brazil could draw lessons for its own development strategy.

JEL Classification: O1; O2; Q5.


Keywords: Economic development sustainability China