ABSTRACT

Overall growth and China's growing integration directly fuelled domestic economic growth that it indirectly contributed to the acceleration of the transformation of its economic subfield. Our hypothesis was that inversely to the impact of overall growth, overall recession will directly fuel domestic economic decline that in the long run, may indirectly contribute to the preconditions of a political transformation. Theoretically, the hypothesis relies on the IPS model's approach of the transformation process: the party–state network 3 is retreating as a social system from monopolized economic, political and social sub-spheres, and, in parallel, the sub-spheres of a new social system are emerging outside of it (Figure 3.1).