INTA 3230 Chapter Notes - Chapter 8: Deng Xiaoping, Liu Shaoqi, Jiang Zemin
2 Feb 2017
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Chapter 8: china"s political economy because the leaders use their powers to press their preferences. A country"s relationship to the global economy is also highly political since. Post mao reforms decentralized control over the economy. Yet, today, despite a booming private sector, state-owned enterprises (soes) still account for about 40% bureaucrats who struggle to maintain their influence over allocation of wealth, it is largely determined by government policy. 1950-1952 land reform redistribution (the goal was to weaken the rural elites) 1953: rapid industrialization, by adopting the soviet model of economic development. 20 million peasants were moved to into cities, urbanization expanded and industrial production grew. 1955: rural cooperatives, in which the land would be owned and farmed collectively. 1(cid:891)5(cid:889): the great leap forward, and the idea of collective farms and the people"s communes. Local officials, mostly out of fear that they would be accused of insufficient commitment of the great leap, lied, reporting high exaggerated increase agricultural output.
