Abstract
This study aims to discuss how China’s top leadership team’s (CTLT) cognitive framework helped them quickly minimize the impact of COVID-19 and enter economic recovery. We find that cognitive framework of CTLT based on Yin-Yang philosophy balancing exerted the following effects: (1) It helped CTLT determine the relative significance of COVID-19 control and economic recovery from a higher level goal of Chinese people’s life and health. (2) It helped CTLT determine opportunities conducive to economic recovery from COVID-19. (3) It helped Chinese leaders quickly identify the central paradox in COVID-19 and mobilize the available resources to address it.
Original language | English |
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Pages (from-to) | 1420-1427 |
Number of pages | 8 |
Journal | Applied Economics Letters |
Volume | 29 |
Issue number | 15 |
DOIs | |
Publication status | Published - 2022 |