POL 02 - March 12, 2008

POL 02 - March 12, 2008 - 3/12/2008 1 March 12, 2008...

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3/12/2008 1 March 12, 2008 • Economic growth in China – 1950 - 1976, Maoist period 1 • Incomplete industrialization • Result was modest growth – 1978 - present, Deng Xiaoping’s “Second Revolution” • Expansion of market sector of economy • Result has been extraordinary growth Comparison of China and USSR • China – Incomplete central planning • Did not collectivize • USSR – Totally planned economy • Full collectivization 2 agriculture – Repression but not mass murder • Cultural Revolution (1966-69) • Mao Zedung never unchallenged • Deng Xiaoping was rehabilitated Full collectivization – Random mass terror • The Great Purge (1933-39) • Stalin unchallenged leader for 25 years • Ideas of revolutionaries were lost in Great Purge China in 1978 • Labor force in agriculture 71% • Proportion of GNP from agriculture 78% •Pe r capita GNP $450 3
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3/12/2008 2 1978 - present, Deng Xiaoping’s “Second Revolution” – Deng Xiaoping was a revolutionary – And apragmat ist! 4 And, a pragmatist! – Purged TWICE – But, pragmatic wing of Chinese Communist Party needed Deng Xiaoping – Result has been extraordinary growth (~10% per year since 1978) Growth in China’s per capita
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POL 02 - March 12, 2008 - 3/12/2008 1 March 12, 2008...

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