Debating China's Economic Growth: The Beijing Consensus or The Washington Consensus.
对比了关于中国过去三十年经济增长的两种对立观点：北京共识强调国家干预，华盛顿共识强调自由市场。作者认为华盛顿共识更符合中国实际。
Executive Overview This paper presents two competing views on China's growth experience over the past three decades. For the sake of illustrative ease and brevity I label these two opposing views as the Beijing Consensus and the Washington Consensus. The Beijing Consensus interprets China's economic growth as a function of innovations in the state sector, including close financial controls, state ownership of firms, and political controls in favor of economic growth. The Washington Consensus views China's experience much the same as growth experiences elsewhere—that is, as a result of financial liberalization, private entrepreneurship, and political opening. Contrary to the established views among China scholars, this paper argues that the Washington Consensus view fits with the Chinese growth experience better.