From Maoism to Market Leninism

Author(s):  
George W. Breslauer

Initiated by Deng Xiaoping, China embarked on a path of transforming—marketizing and privatizing—the economy and opening it to competition and opportunity within the capitalist global economy. With this policy followed and deepened by two successors, the result was a Chinese economic miracle of historic proportions.

Author(s):  
Sophia Kalantzakos

Salt and oil have historically been two important strategic resources, but they have not shared the same trajectory. The discovery of the geographic abundance of salt and technological innovations that have made its most fundamental uses obsolete have ended its strategic importance. Oil, however, continues to power the modern economic miracle, even as the climate crisis worsens. The cases of salt and oil provide analogies to the case of rare earths in their importance in innovation and in the global economy. They also illustrate China’s historically centralized approach to securing and controlling resources that they have deemed as strategic.


2018 ◽  
Vol 41 ◽  
Author(s):  
Samuel G. B. Johnson

AbstractProfessional money management appears to require little skill, yet its practitioners command astronomical salaries. Singh's theory of shamanism provides one possible explanation: Financial professionals are the shamans of the global economy. They cultivate the perception of superhuman traits, maintain grueling initiation rituals, and rely on esoteric divination rituals. An anthropological view of markets can usefully supplement economic and psychological approaches.


2006 ◽  
Vol 39 (17) ◽  
pp. 5
Author(s):  
Jonathan Gardner
Keyword(s):  

2020 ◽  
Vol 39 (5) ◽  
pp. 6579-6590
Author(s):  
Sandy Çağlıyor ◽  
Başar Öztayşi ◽  
Selime Sezgin

The motion picture industry is one of the largest industries worldwide and has significant importance in the global economy. Considering the high stakes and high risks in the industry, forecast models and decision support systems are gaining importance. Several attempts have been made to estimate the theatrical performance of a movie before or at the early stages of its release. Nevertheless, these models are mostly used for predicting domestic performances and the industry still struggles to predict box office performances in overseas markets. In this study, the aim is to design a forecast model using different machine learning algorithms to estimate the theatrical success of US movies in Turkey. From various sources, a dataset of 1559 movies is constructed. Firstly, independent variables are grouped as pre-release, distributor type, and international distribution based on their characteristic. The number of attendances is discretized into three classes. Four popular machine learning algorithms, artificial neural networks, decision tree regression and gradient boosting tree and random forest are employed, and the impact of each group is observed by compared by the performance models. Then the number of target classes is increased into five and eight and results are compared with the previously developed models in the literature.


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