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Published on: 2015-05-29
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Original language: English
The People's Republic of China has experienced significant transformations since Deng Xiaoping instituted economic reforms in 1978. Subsequent leaders continued and often broadened Deng's policies, shifting the nation from agrarianism to industrialism, from isolation to internationalism, and from centralized planning to market-based economics. As the world strives to understand the nation's rapid development, few observers have comprehensively examined the social and cultural price of the economic boom for the majority of the Chinese people. Zhaohui Hong assesses the sociocultural consequences of these reforms in this provocative study. He contends that modern China functions as an oligarchy or plutocracy ruled by an alliance of political power and private capital where the boundaries between the private and public sectors are constantly shifting. This "power-capital institution" based on three millennia of Confucian ideology and decades of Maoist communism exercises monopolistic control of public resources at the expense of civil society and social justice for the majority of citizens.The Price of China's Economic Development urges policymakers to alter their analytic lens. While industrial and commercial development is quantitatively measured, Hong argues that social progress should be assessed qualitatively, with justice its ultimate goal and fair allocation of resources and opportunity as the main index of success. This sophisticated analysis introduces English speakers to the varied and significant work of contemporary Chinese scholars and substantially enriches the international dialogue. UN News Centre - United Nations UN commemorates 20 years of protecting children in armed conflicts. Top officials from the United Nations and the international community today applauded two decades ... Economic development todaro smith 11th edition 01 Economic development todaro smith 11th edition 01 1. 24 PART ONE Principles and ConceptsERADICATEEXTREME POVERTYAND HUNGERGLOBALPARTNERSHIP ... Indicators of Economic Progress: The Power of Measurement ... Get Full Text in PDF. Table of Contents. Introduction; Tools and Measures; Measures of National Income; Need for New Theory; Measures and Indicators; Characteristics ... Economic inequality - Wikipedia Economic inequality is the difference found in various measures of economic well-being among individuals in a group among groups in a population or among countries. Global Financial Crisis Global Issues The global financial crisis brewing for a while really started to show its effects in the middle of 2007 and into 2008. Around the world stock markets have fallen ... Economic growth: the impact on poverty reduction ... Growth creates jobs Economic growth generates job opportunities and hence stronger demand for labour the main and often the sole asset of the poor. A Different Global Power? Understanding China's Role in ... China in Asia: Exerting Neighbouring Influences. Back in the last decades of the 20th century the drivers and role models for development in Asia and beyond were the ... Poverty - Wikipedia United Nations: Fundamentally poverty is the inability of having choices and opportunities a violation of human dignity. It means lack of basic capacity to ... Poverty Around The World Global Issues But even with some poverty reduction inequality is quite high in many regions around the world: Back to top. Inequality. Inequality is not just bad for social ... Open Learning Campus World Bank Group WBa Academy. Access development topics through online courses that are customized to your needs. Dive into our catalog of virtually facilitated and self-paced courses ...
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