Le fétichisme bâtisseur de la Chine

NEW HAVEN – En réfléchissant aux retombées du plan de relance chinois, chiffré à 586 milliards de dollars, il est intéressant de se demander pourquoi la Chine choisit les infrastructures, les immeubles et les grands projets chaque fois qu’elle veut stimuler la croissance. La Chine doit-elle, ou peut-elle obtenir une croissance à long terme uniquement en multipliant les structures physiques déjà existantes ? Si et quand le temps viendra de faire une pause, ou de changer d’orientation, les institutions politiques et économiques chinoises actuelles sauront-elles s’adapter ?

Lors d’un récent voyage au Brésil, mon chauffeur de taxi s’est plaint des nids-de-poule des rues et des voies express de Sao Paulo. Je lui ai demandé : « Je croyais que la flambée du prix du pétrole et du minerai de fer avait enrichi le Brésil...Pourquoi le gouvernement n’a-t-il pas amélioré les infrastructures ? »

Il m’a répondu : « En effet, l’économie brésilienne se porte bien. Mais dès que l’État a de l’argent en trop, le président Lula choisit d’accorder des réductions d’impôts et des subventions, au lieu de refaire les routes, mais je ne comprends pas pourquoi ».

To continue reading, please log in or enter your email address.

Registration is quick and easy and requires only your email address. If you already have an account with us, please log in. Or subscribe now for unlimited access.


Log in

  1. China corruption Isaac Lawrence/Getty Images

    The Next Battle in China’s War on Corruption

    • Chinese President Xi Jinping knows well the threat that corruption poses to the authority of the Communist Party of China and the state it controls. 
    • But moving beyond Xi's anti-corruption purge to build robust and lasting anti-graft institutions will not be easy, owing to enduring opportunities for bureaucratic capture.
  2. Italy unemployed demonstration SalvatoreEsposito/Barcroftimages / Barcroft Media via Getty Images

    Putting Europe’s Long-Term Unemployed Back to Work

    Across the European Union, millions of people who are willing and able to work have been unemployed for a year or longer, at great cost to social cohesion and political stability. If the EU is serious about stopping the rise of populism, it will need to do more to ensure that labor markets are working for everyone.

  3. Latin America market Federico Parra/Getty Images

    A Belt and Road for the Americas?

    In a time of global uncertainty, a vision of “made in the Americas” prosperity provides a unifying agenda for the continent. If implemented, the US could reassert its historical leadership among a group of countries that share its fundamental values, as well as an interest in inclusive economic growth and rising living standards.

  4. Startup office Mladlen Antonov/Getty Images

    How Best to Promote Research and Development

    Clearly, there is something appealing about a start-up-based innovation strategy: it feels democratic, accessible, and so California. But it is definitely not the only way to boost research and development, or even the main way, and it is certainly not the way most major innovations in the US came about during the twentieth century.

  5. Trump Trade speech Bill Pugliano/Getty Images .

    Preparing for the Trump Trade Wars

    In the first 11 months of his presidency, Donald Trump has failed to back up his words – or tweets – with action on a variety of fronts. But the rest of the world's governments, and particularly those in Asia and Europe, would be mistaken to assume that he won't follow through on his promised "America First" trade agenda.