CPE+F09+Class+5+Econ+Reform

CPE F09 Class 5 Econ - Class 5 Chinas Economic Reforms l Mao era results Positive Poverty reduced Heavy industrialization Moderate growth Negative

Info iconThis preview shows pages 1–9. Sign up to view the full content.

View Full Document Right Arrow Icon
Class 5: China’s Economic Reforms &&
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Mao era results Positive – Poverty reduced – Heavy industrialization – Moderate growth Negative – Much poverty created, remained – Great deal of waste (investment > output) – Cellular economy
Background image of page 4
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
East Asia’s Post-Communist States (date fundamental economic reforms began) China (1978) Vietnam (mid-1980s) Mongolia (1992) Cambodia (early 1990s) Laos (mid-1990s) North Korea (not yet)
Background image of page 6
What was the difference between China’s reform strategy and that used in the former Soviet Union and central Europe?
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
China’s Reform Strategy “Growing Out of the Plan” 1. Allowing new domestic entrants to the market 2. Open China to foreign investment and international trade 3. Liberalize prices 4. Pass laws and regulations to govern the market. 5. Keep: – State-Owned Enterprises (but reform them) – Commitment to high employment (but push mobility) – Control over finances (but allow some private and foreign finance)
Background image of page 8
Image of page 9
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 09/02/2011 for the course EALC-E 393 taught by Professor Scottkennedy during the Fall '09 term at Indiana.

Page1 / 26

CPE F09 Class 5 Econ - Class 5 Chinas Economic Reforms l Mao era results Positive Poverty reduced Heavy industrialization Moderate growth Negative

This preview shows document pages 1 - 9. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online