HIST-1106EL Study Guide - Quiz Guide: Communist Party Of China, Chinese Economic Reform, Deng Xiaoping

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Document Summary

A specific variant of socialism, which allowed some capitalist tendencies became insitutionalised in the early history of the ccp. The programmatic beliefs" and policy legacies" constrained and guided the dengist leadership to pursue the reforms that were compatible with chinese conditions. Legitimacy hypothesis : socialist regimes lose legitimacy due to declining economies, socialist regimes lose legitimacy by liberalizing economics to achieve economic growth causality economic growth and democracy, middle class. Globalization: decline sovereignty nation-state and ability to deal with pressures of international economy leads to opening political system. Political and economic benefits spread across-the-board to gain support. Timing and sequencing of foreign direct investments liberalization: precedes privatization of state industry, precedes development domestic private sector. Involvement economic and market affairs during transition period. Different actors personal stakes in the reform process. Authoritarian system local political elite for generating popular support incentive to local elite through institutional reforms.