Third World – The Viyug

Beijing Consensus: China’s developmental alternative to the third world?

By Prashant Sahu Introduction The concept of “Beijing Consensus” (Beijing Gongshi 北京共识) represents a set of ideas for economic development which tries to encapsulate the policies followed by China since 1978. In the wake of Global financial crisis (2008-09), this concept was promoted as an alternative development model, particularly suited to the Third WorldContinue reading “Beijing Consensus: China’s developmental alternative to the third world?”