Russia and China: converging responses to globalization

Abstract

This article compares the impact of globalization on the political systems and political economy of Russia and China since the beginning of their respective reform periods. Overall, it argues that both should now be viewed within the paradigm of 'developmental states'. The article first presents some comparative economic statistics on the changes that have taken place. Second, it looks at the converging attitudes of the two regimes towards industrial restructuring and privatization, highlighting the continued role that they both reserve for state direction. This includes an orientation towards national industrial champions. Third, the evolution of policies of both states towards guided democratization are discussed leading to an assessment of the importance of nationalism in their responses to globalization, particularly in the recent doctrine of 'sovereign democracy' of Putin's United Russia party. Finally, the article argues that a greater wariness towards western recipes for political and economic development will frame the efforts of both states to construct a more cooperative bilateral relationship.