Deng Xiaoping: The Economist

1993 ◽  
Vol 135 ◽  
pp. 491-514 ◽  
Author(s):  
Barry Naughton

Deng Xiaoping's economic legacy is overwhelmingly positive and quite secure-in this, it stands in contrast to his troubled and ambiguous political legacy. Of all of Deng's achievements, the transformation of China's economic system is the only one that is currently judged to have succeeded, and to have benefited large numbers of people. Deng presided over the Chinese government during a period of enormous economic change. Under his leadership, the government extricated itself from a legacy of massive economic problems and began a sustained programme of economic reform. Reforms transformed the economic system and initiated a period of explosive economic growth, bringing the country out of isolation and into the modem world economy.

Author(s):  
Carol Ting

For more than a decade, the Chinese government has poured copious resources into rural informatization as a means to increase agricultural productivity and rural economic growth. Such efforts so far have not produced definite results in rural areas, but increasing economic inequality and rising environmental threats have already forced the government to rethink its growth-centered development policy. Indeed, recent government releases clearly state the resolve to departure from the “GDP obsession” of the past. Meanwhile, the past three decades saw the rise of a powerful alternative development approach—the Capability Approach (CA), which focuses on empowering individuals and sees economic growth as one element of well-being. Given that the CA can potentially help devising a more coherent and holistic framework for Information and communications technologies for development (ICT4D), this paper examines the compatibility between the Capability Approach and the top-down socialist approach towards rural informatization in China. Built on two case studies of rural informatization in rural China, the present paper identifies potential obstacles to the adoption of the Capability Approach and discusses policy implications and suggestions.


2018 ◽  
Vol 212 ◽  
pp. 08026
Author(s):  
Olga Borisenko ◽  
Dmitry Sukharev ◽  
Marina Fomina ◽  
Nataly Kondakova

The article is devoted to the analysis of the problems of economic globalization in China and as a factor of cultural security. A philosophical analysis of the social aspect of China’s regional development. J. Sigurdson, like many researchers, analyzes economic, political factors, technological innovations, regional development programs of China. Our attention was drawn to the fact that he is one of the few Western researchers who analyze social problems. J. Sigurdson gives an analysis of Chinese society in the context of the development of technological systems. He notes that the creation of clusters, the use of new technologies contribute to the development of the social infrastructure of modern Chinese society. It is worth noting that his analysis is based on the historical information approach. In this case, we are not interested in ascertaining the facts presented by him, but in describing the role of innovation systems in the development of the social sphere of Chinese society. Thus, the relevance of this article is due to the need to analyze Western research on the social factor of regional changes in China. The entry into globalization processes and the perception of the economic opportunities of the modern world in China is refracted through traditional culture and allows not only to preserve its own values, but also to successfully adapt them to the realities of the present day on one hand and spread it outside on the other. China plays an important role in the modern economic development of the world. The main task of the Chinese strategy for the development of clusters was to ensure that the results met not only the economic development of the country, but also the rise of the social, cultural component. The Chinese government is aware of the depth of existing problems in society, and how we see new promising plans for the development of China’s economic system. In the artical, we allows us to view modern China not only as a simple element of the world economic system, but rather as one of the leading subjects of economic globalization, actively participating in the world economy and making a significant contribution to the development of the modern world. In our view, it is the integrity of the domestic political and foreign policy course of the country’s development that allowed the Chinese economy and culture to become a visible and important element of the world economy.


2018 ◽  
Vol 228 ◽  
pp. 05010
Author(s):  
Yiyan Chen ◽  
Ye Li

The economic ethics is an abstract variable in economic system, and there is a correlation between the economic ethics and the sustainable economic growth. First of all, the existing researches are discussed from the macro perspective. On this basis, a set of economic ethics system is constructed. Afterwards, from the micro perspective, the necessary conditions for the growth of sustainable economics are obtained through the positive and negative benefit functions of the three dimensions of the government economic ethics, the enterprise economic ethics and the personal economic ethics under the condition of whether to abide by the law and whether to abide by ethics. Finally, the whole economic ethics system is analyzed and the conclusion is obtained that violating the economic ethics will hinder the sustainable growth of economy, while obeying the economic ethics will promote the sustainable growth of economy.


Author(s):  
I. A. Nasibov

Not only have the effects of the global financial and economic crisis provoked the slowdown in economic growth in China. A Chinese government policy was also aimed at cooling the economy to remove the existing socio-economic imbalances. As a result of the crisis and the actions of the government of China's economic growth fell to a critical level. In this situation, the government of China has decided to launch a new program to stimulate the national economy. However, this program is qualitatively different from the incentive program of 2008-2009.


Author(s):  
M. Ikhwan ◽  
Imroatus Solihah

This paper explains the Islamic economic system which is believed to be not only an alternative economic system but can be a solution to various economic problems including the family economy. To explain this will explain the definition, genealogy and comparison of Islamic economics with conventional economic systems, and the last explained the Islamic economic solution to the economic resilience of the family economy. This paper uses a qualitative method to narrate the concept of Islamic economics as a solution to the family economy with a philosophical and normative approach and refers to secondary research sources such as books, journals and other scientific articles. From the observations that have been made, the economic resilience of the family starts from applying the Islamic economy in household life, then being simple/modest, abandoning usury practices, giving zakat, the spirit of work, avoid asking for solicitation and addressing the government properly.


2009 ◽  
Vol 38 (3) ◽  
pp. 165-181 ◽  
Author(s):  
Margot Schüller ◽  
Yun Schüler-Zhou

This contribution analyses the impact of the global financial crisis on the Chinese economy and the policies implemented by the Chinese government to cope with it. We argue, first, that China has not been able to decouple its economic performance from that of the U.S. and other developed countries. Second, although economic growth in the second quarter of 2009 showed that the stimulus package is working, the current development does not seem to be sustainable. In order to avoid another round of overheating, the government needs to adjust its stimulus policy. Third, the current crisis offers opportunities to conduct necessary structural adjustments in favour of more market-based and innovative industries, more investment by private companies and a stronger role of private consumption in economic growth. Fourth, with the external demand from the OECD countries declining, Chinese export companies need to further diversify their international markets and reorient their production and sales strategies to some extent towards the domestic market.


1996 ◽  
Vol 147 ◽  
pp. 726-750 ◽  
Author(s):  
Elspeth Thomson

In 1949 the Chinese adopted, almost in total, the former Soviet Union's system of central or command planning. Thirty years later, in 1979, the country embarked on a major economic reform programme aimed largely at correcting problems caused by central planning. The government now sought to create an economic system which would combine the best characteristics of socialist and market economies. Most analysts would agree that the non-grain agricultural and consumer goods sectors have been fully marketized, and quite successfully so, but that the economic reform of the state industrial sector has lagged far behind. Raising the profits and output and productivity levels of the state enterprises has proved extremely difficult, and the government has been reluctant to allow the unrestricted operation of market forces.


2017 ◽  
Vol 16 (3 (2017)) ◽  
pp. 315-340
Author(s):  
Oleksandr Sharov

The article considers the issues of establishing relations with the International Monetary Fund in the context of the necessity to achieve the goals of national economic security. After analyzing the process of creating the IMF and defining its objectives, as well as the practice of relations between the IMF and member states, in particular with Ukraine, the author has come to several conclusions. In their opinion, Ukraine shouldn’t blindly follow the recommendations of the actually trained experts of this organization, but rather propose effective reform measures that would provide for solving a complex of economic problems. These problems include: a) financial and macroeconomic stabilization (IMF’s formal objectives); b) ensuring the prospects for economic growth (program objectives of the government); and (c) guaranteeing Ukraine’s economic security (constitutional obligation of the President and other bodies of state power).


Author(s):  
Ana Salvador Chamorro

<p>El proceso de reforma económica que ha experimentado la economía de China es uno de los fenómenos de mayor relevancia en la evolución de la Economía Mundial en los últimos treinta años y, sin duda, seguirá siéndolo en el futuro. Dentro de este proceso, la apertura al exterior, que el gobierno chino inició en 1978, ha situado al país en un lugar de máxima relevancia dentro de los flujos comerciales y financieros internacionales. En este contexto, el objetivo de este trabajo es intentar realizar un análisis general de la evolución del comercio exterior de China en las últimas décadas, prestando especial atención a sus exportaciones de bienes y poniendo énfasis en los cambios experimentados durante los últimos años.</p><p>The process of economic reform that has experienced the Chinese economy is one of the most important events in the evolution of the World Economy in the past 30 years, and will undoubtedly remain so in the future. Within this economic reform, the opening process that the Chinese Government began in 1978, has put the country in a place of utmost importance in the international trade and financial flows. In this context, this paper try to perform an analysis of the evolution of China's foreign trade in recent decades, with particular attention to its exports and emphasizing the changes in recent years</p>


2020 ◽  
pp. 194-218
Author(s):  
Graham Harrison

This chapter reviews the transformation successes in Taiwan and Israel. It starts Taiwan’s account with the colonization by Japan and the investments in industry. It then emphasizes the insecurities generated by occupation by the exiled Chinese government. This was intensified by a very rivalrous geopolitical regionalism. Taiwan’s sovereignty was doubtful and under threat. The chapter looks at the considerable efforts to promote agricultural development and then industrialization. Industrialization was motivated by a need to ensure legitimacy and security for a quasi-sovereign state. In relation to Israel, the chapter starts in the Mandate period and shows how Israel’s statehood was based on occupation, economic growth, and nationalism. It highlights the severe existential threat to the country and the response of the government to promote agricultural growth and industrialization. It shows how Israel faced repeated severe crises and that the government eventually found a way through these crises through capitalist transformation.


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