From the perspective of policy, what economists call hyper-globalization is the product of the policy combination of two types of sovereign countries with global influence. One is the reform and opening-up policy that China began to carry out under the leadership of Deng Xiaoping and the other is the neoliberal economic policy with the Thatcher Revolution in Britain and the Regan Revolution in the United States as its core.

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Great Convergence: Hyper-Globalization and Modernization

  • Yongnian Zheng

摘要

From the perspective of policy, what economists call hyper-globalization is the product of the policy combination of two types of sovereign countries with global influence. One is the reform and opening-up policy that China began to carry out under the leadership of Deng Xiaoping and the other is the neoliberal economic policy with the Thatcher Revolution in Britain and the Regan Revolution in the United States as its core.