DEV STD C10 Lecture Notes - Lecture 16: Tves, Planned Economy, Making Money
17 Mar 2017
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Document Summary
The boom doctor: lin and the beijing consensus. The character of the chinese development model. Growth and development through post socialist transition. Gradual decollectivization of communal agricultures without full private property rights. The socialist period had its boom too, it began before 1978: rising standard of living and economic growth (mao period) Socialist transformation why the maoist period is key. Mao"s 3 mountains: feudalism, bureaucratic capitalism, imperialism. 1st plan: advances in agriculture and commanding heights. 2nd plans: great leap forward, leading industrial country. Great leap forward: attempt to rapidly industrialize. Laying the foundations for the post 1978 boom: awakening giants. Egalitarian land distribution and a safety net. Deng xiaoping and gradual reform (the beijing consensus) Fiscal decentralization: local levels of government making money for themselves. Gradual reform not shock therapy: private property (use rights) and opening up markets, guided and governed by the party stat. Reform of the commanding heights: gradually sell or close.
