Development of Monetary and Fiscal Policy in the People’s Republic of China — Problems of Economic Policy in a Changing Economic System

Author(s):  
Wolfgang Klenner
2020 ◽  
Vol 2020 (12-1) ◽  
pp. 98-109
Author(s):  
Ilya Kolesnikov ◽  
Konstantin Kasparyan ◽  
Nikolai Nikolaenko ◽  
Marina Rutkovskaya

The article is devoted to the analysis of the influence of the “cultural revolution” carried out in the People’s Republic of China in 1966-1976 The article comprehends the reasons for the “cultural revolution”, studies the nature of the relationship between the leader of the country and his entourage, examines the change in the position of Mao Zedong in the PRC and abroad, as well as the transformation of the Chinese economic system and the spiritual sphere in the period chosen for study.


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