Political Science 1020E Lecture Notes - Lecture 25: Planned Economy, Debt Relief, Economic Liberalism

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Document Summary

Growth of chinese power in the past decades. Is unipolarity over: american decline has been predicted before 1970s and 1980s, sources of continued strength military power, resilient and adaptive society, attractiveness of american international order challengers" want in. Chinese communist revolution led by mao in 1949 a one-party regime, centrally planned economy. After 1979: there were over three decades of roughly 10% growth only possible in underdeveloped countries. Now world"s second largest economy, threatening to become number one by 2019 (under the united states: from 1% (1978) to 11. 4% () to 18% () 75% of those lifted out of poverty in the last two decades live in china. Military: heightened spending, up to level of second-ranked powers not chasing the. Us, not engaging in a race to catch up to the united states, trying to build a military to protect the region. Soft power": confucius institutes, global media, international aid, debt relief and low- cost loans.

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