La séance 3 du séminaire BRICs et économies émergentes (Inalco CREE – FMSH – UdP – EHESS) aura lieu le mercredi 27 octobre 2021 à 18h, Maison de la recherche de l’INALCO, Salle Sylvestre de Sacy, 2.05. Elle se tiendra en mode hybride.

 

 

 

Elle recevra

Wei Zhao (ESSCA School of Management)

et Joël Ruet ( CNRS –  Institut interdisciplinaire de l’innovation – Ecole Polytechnique )

« Le modèle de croissance chinois post covid, une approche en termes de régulation »

Le lien d’inscription est : http://www.inalco.fr/webform/seminaire-brics-session-3

Résumé / Abstract :

Combining some theoretical perspectives of economic development stages, a capital accumulation regime with Chinese characteristics and a techno-economic paradigm, our presentation tries to explain how the Chinese growth miracle reached the edge of crisis after 2008. It argues that for 30 years, the ‘visible hand’ managing the Chinese economy has progressively shifted from local governments’ initiatives and experiments to central government’s macro policy supplemented with industrial economics tools.

This brought China’s growth from the factor-driven to the investment-driven stage, and progressively decoupled the financial system from China’s local, dominant, accumulation regime, directing finance into a technological accumulation regime.

The Chinese central government attempts three macroeconomic approaches with which to readdress the growth pattern: rebalancing; supply-side reform; and innovation-driven development. The Belt and Road Initiative is an attempt to domestically recouple backward to coastal provinces, trade and investment to economic diversification, and to upgrade provinces.

The current Chinese growth model is composed of different capital accumulation regimes: export, domestic infrastructure investment, financial market liberalisation, e-commerce platform economy, all based on the manufacturing economy built up over the last 40 years. China needs upgrading its manufacturing economy to an innovation level and build a new capital accumulation regime based upon it. The recent economic events in China such as digital platform sector regulation, real estate debt crisis, and power cut, etc. shall be understood within such a macro framework.

La deuxième séance du séminaire BRICs et économies émergentes (Inalco CREE – FMSH – UdP – EHESS) aura lieu mercredi 20 octobre 2021 à 18h, heure de Paris. Elle se tiendra intégralement en ligne, en anglais.

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The Second session of our BRICs Seminar (Inalco CREE – FMSH – UdP – EHESS) will be held Wednesday, October 20th, 6 PM (Paris Time). It will be held online (language: English)

Elle recevra /

We will be hosting:

Javier Mejia (Standford University)

Title: “Social Networks and Entrepreneurship.

Evidence from the Antioquian Industrialization”

Javier Mejia (https://javiermejia.mystrikingly.com/) holds a PhD in Economics.

He is currently a Postdoctoral Research Fellow at the Political Science Department of Stanford University.

Registration link / lien d’inscription au séminaire :

http://www.inalco.fr/webform/seminaire-brics-session-2

This paper explores the relationship between social networks and entrepreneurship by constructing a dynamic social network from archival records. The network corresponds to the elite of a society in transition to modernity, late 19th- and early 20th-century Antioquia (Colombia).

I exploit the timing of unexpected deaths as a source of exogenous variation of individuals’ network position. I find that individuals better connected at a global level (i.e. more important as bridges in the entire network) were more involved in entrepreneurship. However, I do not find individuals better locally connected (i.e. with a denser immediate network) to be more involved in entrepreneurship. I provide quantitative evidence on the performance of the firms and narratives on the behavior of the entrepreneurs who created them to indicate that these results can be explained by the requirement of complementary resources that entrepreneurship had. These resources were spread out in society and markets worked poorly enough to canalize them to entrepreneurs. Thus, networks operated as substitutes for markets in the acquisition of resources. Hence, this paper highlights how individuals with network positions that favor the combination of a broad set of resources can have a comparative advantage in entrepreneurship.”

Très prochainement le lien d’inscription à cette séance sera disponible ici.