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  • Economic Reforms
    698 words
    In 1978, Deng Xiaoping opened the Chinese economy to increased foreign trade and investment. Under growing pressure from the international community, the bureaucracy under Deng moved towards economic reforms. This move towards capitalism was, in the words of Deng, socialism with Chinese characteristics. Market socialism is best described as a demand economy with centralized control. This hybrid system has been the impetus for the revitalization of the Chinese economy. Superficially, this system ...
  • Russian Reform And Economics
    1,997 words
    Russian Reform and Economics: The Last Quarter of the 20th CenturyOutlineThesis: As the reformation of the USSR was becoming a reality, Russia's economy was crumbling beneath it. Russia began its economic challenge of perestroika in the 1980's. The Russian people wanted economic security and freedom, while the government was trying to obtain democracy. The previous management styles needed to be changed along with the way that most businesses in Russia operated. I. Reformation of USSR. The chang...
  • Of Mao And Deng's Ideas
    493 words
    Mao Zedong was one of if not the most famous communist leaders in the history of China. His views of modernizing his country won him millions of followers. After his death in 1976, a man by the name of Deng Xioping attempted to win over Mao's former followers and rule China. These two men were probably the most influencial people in China inthe 1900's. Though they both brought thoughts of ending poverty and inequality in China, Deng's ideas for economic reform was more successful. During the ear...
  • Unique Aspect Of China's Economic Reform
    409 words
    Due to the drawbacks of a socialist economy and the acknowledgment that China held a weak position in the overall world economy, Chinese Government officials and planners founded China's reform on building socialism with Chinese characteristics. Not only does a socialist economy have the inability to compete in a world market but it also hinders development by not taking full advantage of an available work force and having a rigidly planned economy with little freedom. The Chinese government, by...
  • Rapid Industrial And Economic Developments
    669 words
    During 1861-1912, both China and Japan made attempts to strengthen themselves. In China, there were the Self-Strengthening Movement of 1861 -94, the Hundred Days! | Reform of 1898 and the Late Qing Reform of 1901-11. These attempts to strengthen China were mainly caused by China's defeats in wars, the anti-government movements, foreign aggression and natural disasters. On the other hand, in Japan, there was the Meiji reforms with the aim of turning Japan into a modern state, so that the Japanese...
  • Castro's Relationship With The Usa
    1,728 words
    Whereas today, Castro may be seen as the person who made it possible for "200 million people to live in the street and they are certainly not Cuban"; during the first decade of his rule Castro was effective in implementing social justice and freedom of the economy from the USA. This was done by implementing policies such as the land reform, education reforms, agricultural diversification and political decrees. Although these changes may seem to have great success; at the same time, Castro was un...
  • Turkey's Reform Program In The 1980's
    2,229 words
    Over the past two decades, Turkey has suffered repeated economic crises. The latest happened earlier of last year, when a devaluation of the currency had the people taking to the streets. Economic labels like budget deficit, high interest rates, price hikes, and contracting economy give mere ghostly hints of the pain the Turkish economy has suffered. Desperate for loans, the Turkish government has had consecutive stand-by agreements with the International Monetary Fund (IMF) and is currently imp...

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