The Economy of Modern Day China

Yes modern china has come along way from where we left it on the previous video in this series. It is now the second largest economy in the world and it looks poised to reclaim the title of the worlds largest economy within the next centurary. Which is a convenient segueway to note that this video is the final video in a three part series on the economy of china.

Here we will be exploring modern day china and what transformed it from a half crippled failed state into the economic superpower we know today. If you haven’t already seen the first two video’s in this series I would encourage you to watch those as well, it doesn’t necisarily have to be in order but it is important to understand that china was once the world most powerful economy, then it wasn’t and now it may be all over again.

#economics #china #trade

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References

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Chai, J.C., 1998. China: Transition to a market economy. OUP Catalogue

The annual data of China's GDP published on China NBS: National data – annual – national accounts – Cross Domestic Product Archived 14 June 2018

Chi-Yun, C.H.E.N., 2005. Han Dynasty China: Economy, Society, and State Power--A Review of Cho-yun Hsu, Han Agriculture: The Formation of Early Chinese Agrarian Economy

Cheung, Y.W., Lai, K.S. and Bergman, M., 2004. Dissecting the PPP puzzle: the unconventional roles of nominal exchange rate and price adjustments. Journal of International Economics

Schurmann, F., 1973. Ideology and organization in communist China. Univ of California Press

Chang, J.K., 1969. Industrial Development in Pre-Communist China: A Quantitative Analysis. Aldine Publishing Company

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Li, W. and Yang, D.T., 2005. The great leap forward: Anatomy of a central planning disaster. Journal of Political Economy

Bachman, D. and Bachman, D.M., 2006. Bureaucracy, economy, and leadership in China: The institutional origins of the Great Leap Forward. Cambridge University Press

Chen, Y., 2009. Cold War competition and food production in China, 1957-1962. Agricultural history

Mastel, G., 2016. The Rise of the Chinese Economy: The Middle Kingdom Emerges: The Middle Kingdom Emerges. Routledge.

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