Political Science 1020E Lecture Notes - Lecture 25: Planned Economy, John Ikenberry, John Mearsheimer

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Lecture 25 the rise of china april 10/18. Communist led by mao in 1949: one-party regimes, centrally planned economy: pursuit of export markets, managed foreign direct investment, no democratic pandering. 1%(1978) 11%(2009) 18%(2016) of global output. 75% of those lifted out of poverty in last two decades live in china. Reforms since (cid:494)(cid:889)(cid:890)/(cid:889)(cid:891) chinese model: limited political pluralism combined with: capitalist incentives property, privatization, developmental state subsidies, investments, state owned enterprises. World(cid:495)s second largest economy, expected to overtake us within decade. Military: heightened spending up second level powers not chasing usa (cid:494)soft power(cid:495): confucius institutes (government run organization aiming to promote. Structural power: some enhanced role in western institutions, experimentation: (cid:498)china cannot rise peacefully(cid:499) ), global media, international aid, debt relief and low- cost loans: not a comment on chinese culture, a comment on how rising/ declining powers behave, us is also likely to be aggressive with chines institutions.

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