Can The Post-Mao China Be Classified As A Developmental State?
opic: What is developmental state? To what extent can the post-Mao China be classified as a developmental state? Give evidence to support your answer.
What is developmental state? The first man to seriously conceptualize the developmental state was Chalmers Johnson in his book “the Ministry of International Trade and Industry (MITI) and the Japanese Miracle” in 1982. In simple terms, the role of state is facilitating to economic development. In the following, I will divide a developmental state into three parts, including role of state, state intervention to the economic and government policy.
First of all, the developmental state has to play a role in keeping the economy competitive and to keep go forward. Also a developmental state tries …show more content…
The economic reforms of 1978 changed Township and Village Enterprises, which became the important part of the Chinese economy. The government encouraged rural population developing the Township and Village Enterprises. The farmer just pay a fixed rent, then they can get the right of the enterprises. These Township and Village Enterprises have the Central government gave greater decision-making power to local governments that create a strong incentives from them to promote these enterprises. That is why Township and Village Enterprises are success between 1978 and 1989. Moreover, Township and Village Enterprises were helped by massive loans from the banking system. Developing the Township and Village Enterprises reflected that the government to take effective policy for facilitator to economic …show more content…
in addition, china joined the World Trade organization (WTO), the service sector was considerably liberalized and foreign investment was allowed, Banking financial services, insurance and telecommunications were also opened up for foreign investment, such as The Hong Kong and Shanghai Banking Corporation Limited and Standard Chartered. From the above government policy, it seems like the features of developmental state. As a result, to a large extent China can be classified to a developmental
What is developmental state? The first man to seriously conceptualize the developmental state was Chalmers Johnson in his book “the Ministry of International Trade and Industry (MITI) and the Japanese Miracle” in 1982. In simple terms, the role of state is facilitating to economic development. In the following, I will divide a developmental state into three parts, including role of state, state intervention to the economic and government policy.
First of all, the developmental state has to play a role in keeping the economy competitive and to keep go forward. Also a developmental state tries …show more content…
The economic reforms of 1978 changed Township and Village Enterprises, which became the important part of the Chinese economy. The government encouraged rural population developing the Township and Village Enterprises. The farmer just pay a fixed rent, then they can get the right of the enterprises. These Township and Village Enterprises have the Central government gave greater decision-making power to local governments that create a strong incentives from them to promote these enterprises. That is why Township and Village Enterprises are success between 1978 and 1989. Moreover, Township and Village Enterprises were helped by massive loans from the banking system. Developing the Township and Village Enterprises reflected that the government to take effective policy for facilitator to economic …show more content…
in addition, china joined the World Trade organization (WTO), the service sector was considerably liberalized and foreign investment was allowed, Banking financial services, insurance and telecommunications were also opened up for foreign investment, such as The Hong Kong and Shanghai Banking Corporation Limited and Standard Chartered. From the above government policy, it seems like the features of developmental state. As a result, to a large extent China can be classified to a developmental