The Economy of Communist China, 1949–1969

Economic development in mainland China during the first two decades of Communist control provides a typical example for the difficult task to transform a vast underdeveloped agrarian economy into a modern industrial one. In the first half of this period, a series of massive transformations of social...

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Váldodahkki: Cheng, Chu-yuan
Materiálatiipa: Online
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Almmustuhtton: University of Michigan Press 2021
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Liŋkkat:ONIX_20200923_9780472902200_14
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author Cheng, Chu-yuan
author_browse Cheng, Chu-yuan
author_facet Cheng, Chu-yuan
author_sort Cheng, Chu-yuan
collection Directory of Open Access Books
description Economic development in mainland China during the first two decades of Communist control provides a typical example for the difficult task to transform a vast underdeveloped agrarian economy into a modern industrial one. In the first half of this period, a series of massive transformations of social and economic institutions was accompanied by a drafted industrialization program; the result was an impressive speed-up in economic growth. The second decade witnessed an economic crisis (1960–62) and a political upheaval (1966–68). These disruptions marred the economic performance over the period as a whole. Consequently, the long-term growth rate appears to have been only moderate. The Economy of Communist China reviews selected aspects of the economy. After examining the development strategy, it analyzes the quantitative trends and the structural changes. The book goes on to analyze the key factors contributing to the earlier growth and the elements responsible for the later disruption and finally assesses the impact of the Cultural Revolution on the Chinese economy and the prospects of the current Third Five-Year Plan. The text includes a bibliography of selected materials on Chinese economic development.
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spelling doab-20.500.12854ir-331302025-03-12T21:56:03Z The Economy of Communist China, 1949–1969 Cheng, Chu-yuan History thema EDItEUR::N History and Archaeology::NH History Economic development in mainland China during the first two decades of Communist control provides a typical example for the difficult task to transform a vast underdeveloped agrarian economy into a modern industrial one. In the first half of this period, a series of massive transformations of social and economic institutions was accompanied by a drafted industrialization program; the result was an impressive speed-up in economic growth. The second decade witnessed an economic crisis (1960–62) and a political upheaval (1966–68). These disruptions marred the economic performance over the period as a whole. Consequently, the long-term growth rate appears to have been only moderate. The Economy of Communist China reviews selected aspects of the economy. After examining the development strategy, it analyzes the quantitative trends and the structural changes. The book goes on to analyze the key factors contributing to the earlier growth and the elements responsible for the later disruption and finally assesses the impact of the Cultural Revolution on the Chinese economy and the prospects of the current Third Five-Year Plan. The text includes a bibliography of selected materials on Chinese economic development. 2021-02-10T14:05:15Z 2021-02-10T14:05:15Z 2020-09-23T15:14:12Z 2020 book ONIX_20200923_9780472902200_14 OCN: 643520953 https://library.oapen.org/handle/20.500.12657/41818 https://directory.doabooks.org/handle/20.500.12854/33130 eng Michigan Monographs In Chinese Studies open access image/jpeg image/jpeg image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/41818/1/9780472902200.pdf https://library.oapen.org/bitstream/20.500.12657/41818/1/9780472902200.pdf https://library.oapen.org/bitstream/20.500.12657/41818/1/9780472902200.pdf University of Michigan Press U OF M CENTER FOR CHINESE STUDIES 10.3998/mpub.19999 10.3998/mpub.19999 b7359529-e5f7-4510-a59f-d7dafa1d4d17 National Endowment for the Humanities Andrew W. Mellon Foundation 0314e571-4102-4526-b014-3ed8f2d6750a 0cdc3d7c-5c59-49ed-9dba-ad641acd8fd1 U OF M CENTER FOR CHINESE STUDIES 89 Ann Arbor [grantnumber unknown] [grantnumber unknown] open access
spellingShingle History
thema EDItEUR::N History and Archaeology::NH History
Cheng, Chu-yuan
The Economy of Communist China, 1949–1969
title The Economy of Communist China, 1949–1969
title_full The Economy of Communist China, 1949–1969
title_fullStr The Economy of Communist China, 1949–1969
title_full_unstemmed The Economy of Communist China, 1949–1969
title_short The Economy of Communist China, 1949–1969
title_sort economy of communist china 1949 1969
topic History
thema EDItEUR::N History and Archaeology::NH History
topic_facet History
thema EDItEUR::N History and Archaeology::NH History
url ONIX_20200923_9780472902200_14
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