Some Aspects of the PRC Economic Development During 60 Years (1949—2009)

Ostrovskiy, Andrew

English

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Some Aspects of the PRC Economic Development During 60 Years (1949—2009)

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Some Aspects of the PRC Economic Development During 60 Years (1949—2009)

Annotation

PII

S0131-28120000619-5-1

Publication type

Article

Status

Published

Authors

Andrew Ostrovskiy Send message

Edition

Issue 6

Pages

45-55

Abstract

We can divide 60 years of the PRC history of social and economic development into two even parts: 1949-1978 - a period of administrative and command planned economy; 1978-2008 - a period of economic reforms and transition from planned to market economy. By the end of 1970's it became clear, that planned economy was not able to provide the fulfillment of basic social and economic tasks for the Chinese society - to reach social and economic level of developed countries and to promote satisfactory living standards for the population. As a result of economic reform today China is one of the world leaders by gross domestic product (GDP); living standards of the population increased, and the country is successfully solving the task of building the "xiaokang" (small welfare) society.

Keywords

social and economic development, PRC, economic reform, planned economy, market economy, ownership theory, inflation, “two-tired” price system, market demand, a strategy of comparative advantages

Date of publication

01.11.2009

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836

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GOST	Ostrovskiy A. Some Aspects of the PRC Economic Development During 60 Years (1949—2009) // Problemy dalnego vostoka. – 2009. – Issue 6 C. 45-55 .
MLA	Ostrovskiy, Andrew "Some Aspects of the PRC Economic Development During 60 Years (1949—2009)." Problemy dalnego vostoka. 6 (2009).:45-55.
APA	Ostrovskiy A. (2009). Some Aspects of the PRC Economic Development During 60 Years (1949—2009). Problemy dalnego vostoka. no. 6, pp.45-55

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Tsyushi, 1999. № 6, s.20.
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Kitaj: fundament uspekhov XXI veka. M., IDV RAN, 2002.
Chzhungo tuntszi chzhajyao - 2008 [Kitajskij statisticheskij spravochnik - 2008], Pekin, 2009. S. 18,22,171,179,86.
Tszintszi zhibao, 14.01.2002.
Chzhungo tuntszi chzhajyao - 2008. S. 85.

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