POL215Y1 Lecture : Lecture#4-China's Reforms under Deng Xiaopeng
Document Summary
Outline of lecture: political economy/reforms under deng xiaoping intense political struggle at the elite level after chairman mao died. Winners and losers in china"s economic transition (1980s/1990s: features of a centrally planned system, urban bias . Urban residence was favored while rural residents were discriminated against, a central feature of the system. Extracted the profits from rural agricultural to urban industry. The system before economic reform had the outflow of profits from rural/agricultural to heavy urban industry: fiscal revenue centrally controlled, power was centralized in beijing. 2012-02-02: ministry of finance was the loser once more. 2012-02-02: ministry of finance and industry ministries were the most powerful. In comparison the ministry of agriculture had little political clout before reform (matter of leaving powerful people out) politically easiest to implement: at the same time, deng xiaoping implemented two policies to win over local/central bureaucrats, fiscal decentralization (tax)
