Week 4-3 The Success of the PRC (2)

Week 4-3 The Success of the PRC (2) - system werebasically...

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Economic Reform A. Readjustment of the Priorities - Equal emphasis on light and consumer industries B. Reform of Economic Management Structure - Diffusion of Decision-Making Power C. A Policy of Open Door for Foreign Investment - SEZs in Southern China - Incentives to Foreign Investment
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The PRC and the USSR A. Economic Reform with Political Reform (USSR) - Because the communist party and command economic
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Unformatted text preview: system werebasically against any attempt of market-based reform. Political reform was believed to be a necessary condition. B. Economic Reform without Political Reform (PRC)-Because local officials were believed to be used as an effective counterweight to the conservative forces. This contrast came from their different political and economic institutions....
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This note was uploaded on 03/10/2011 for the course POLC 3020 taught by Professor Kim during the Fall '10 term at Tulane.

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Week 4-3 The Success of the PRC (2) - system werebasically...

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