China's Economic RevolutionCUP Archive, 1977 M05 27 - 552 pages Professor Eckstein's book is a study of China's efforts to achieve rapid modernization of its economy within a socialist framework. Eckstein begins with an examination of economic development in pre-Communist China, specifically focusing on the resources and liabilities inherited by the new regime in 1949 and their effects on development policies. He then analyses the economic objectives of the Communist leadership - narrowing income disparities, maintaining full employment without inflation, and achieving rapid industrialization - and argues that the implementation of these goals required a potent ideology capable of providing a strong faith and motivational force for the mass mobilization of resources. In discussing the methods used by the government to achieve its aims, Eckstein makes a thorough evaluation of China's general framework for economic planning, particularly in regard to the distribution and pricing of farm products and the allocation of resources in the industrial sector. The author also evaluates the radical institutional changes in property relations and in economic organization in the People's Republic of China. |
Contents
Development strategies and policies in contemporary China | 31 |
Property relations and patterns of economic organization | 66 |
units in Chinese agriculture 19501959 | 71 |
Enterprise organization in China | 77 |
Conclusions | 108 |
The resourceallocating system | 110 |
The quest for economic stability | 159 |
Economic development and structural change | 191 |
China 19521974 | 219 |
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Common terms and phrases
administrative agricultural allocation areas average bank capital central changes Chapter China Chinese close combined communes Communist compared complete considerations consumer continued costs countries decline demand dependence distribution early economic growth effect enterprises equipment estimates expansion exports fact factory farm fertilizer force foreign trade gradually grain greater growth hand households imports income increased indicated industrial inputs investment Japan labor land Leap least less major marked materials means measures ment million needs objectives operational organs output particularly Party pattern People's percent performance period placed planners planning plants population pressures production purchase rapid rapidly raw materials reduced reflected relations relatively result rise role rural sector seems serve share sources Soviet Union structure supply Table technical tend tion transport turn United wage whole workers