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Rebirth in china
 

Rebirth in china

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Presentation Made for Development Economics, Based on Why National Fail Book 14th Chapter for Master in Development Study, University of Colombo

Presentation Made for Development Economics, Based on Why National Fail Book 14th Chapter for Master in Development Study, University of Colombo

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    Rebirth in china Rebirth in china Presentation Transcript

    • Rebirth in China Shriyananda Rathnayake (PMP) Master of Development Study University of Colombo
    • Rebirth in China Mao zedong Deng xiaoping
    • Characteristics of Moa regime • Political and economical institute created were highly extractive, No Political Party allowed. • Nationalized Land, abolished all kind of property right & market economy • Community in rural area were organized to communal farms • money and wage were replaced by work point. • Internal passport were introduced in order to ban unauthorized travel.
    • Development plans of Moa regime • The Great Leap Forward : aimed to rapidly transform the country from an agrarian economy into a communist society through rapid industrialization and collectivization. • Backyard steel furnaces: During the Second 5 year plan, Moa wonted to catch the British steel industry : for achieving this target people had to meltdown their pots and pans as well as agricultural tools. The Great Leap ended in catastrophe, resulting death toll range from 18 million to 45 million
    • Development plans of Moa regime • The great proletarian cultural revolution : In 1966 mao announced the revolution was under threat from bourgeois, goal was to enforce communism in the country by removing capitalist, traditional and cultural elements from Chinese society, • Result : Red guards were formed across the country. Many people were killed, arrested, sent in to internal exile.
    • Deng Xiaoping • Deng Xiaoping was very successful General during revolution and anti-rightist campaign which result political persecution and execution of many enemies during Great Leap Forward. • He experienced the failure of Mao’s development plans • In 1961, Deng said, No matter if the cat is white or black if its catches mice, it’s a good cat. it did not matter whether policies appeared communist or not, china needs policies that would encourage production, so that it could feed its people.
    • Deng Xiaoping • Deng labeled as number two capitalist roader, and jailed in 1967 and in 1969 he was exiled to rural tractor factory, he was rehabilitated in 1974. • By this time, Moa health was deteriorating and the power was increasingly concentrated on the hands of very leftist Known as Gang of Four. • Gang of Four wonted to continue the cultural revolution and run the country under dictatorship. • The celebration of life of Zhou en-lai become a protest against the government in 5th of April. • The gang of four blamed Deng for the demostration and again he was striped from all his position and finally removed him from leftist.
    • Deng Xiaoping • After the death of Zhou enlai, Hwah gwaw-fuhng was appointed as acting premier instead of Deng • September 1976 was a critical juncture as Mao died, as Moa gone there was a true power vacuum, Gang of four was to continue the cultural revolution, hwah gwaw-fuhng wonted to abundant the cultural revolution. 1977 “ we will resolutely uphod whatever policy decisions chairmen moa made and unswervingly follow whatever instructions chairmen moa gave” • The turning point of china was, using hwah gwaw-fuhng against Gang of Four. Gang of Four arrested and Deng was re-instated
    • Deng Xiaoping Reforms • Deng Encourage public criticism on cultural revolution, in series of speeches deng criticized hwah gwaw-fuhng specially two what ever and introduced “Seeks truth from Facts” • Deng supporter presented some basic principal of economic reforms – Price should be allowed to bring the supply and demand – No government interference determining the price – Household responsibility system • In 1982 hwah gwaw-fuhng was forced to step down from premiership to be replace by Zhao Ziyang. In 1985 Deng become the leader of party.
    • Deng & Incisive Economic Institute • Introduction of incentives to agriculture sector made dramatic change. • Household responsibility system deployed though out the country. • In1985 State purchasing of grain was abandoned, Administrative control of agriculture price was relaxed. • Started 14 Open Cities to attract foreign investment. • Market incentives in Agriculture and industry then followed by foreign investment and technology would set china on the path of rapid economic grouth
    • Where we went wrong? China Sri Lanka 1949 Peoples republic of China, Highly Extractive political & Economical Institute 1948 Independence (dominion ) to Sri Lanka, Inclusive Economic & Political Institute Great Leap forward to Backyard steel furnaces 1956 Bandaranaike changed the official language from English into Sinhala. Also decide to nationalize some transport- and harbor companies. Introduction of Extractive Economic Institute 1966 Great proletarian cultural revolution 1960 During the Sirimao regime: Nationalizied key sectors of the economy, such as banking and insurance, petroleum companies & so on. Created highly extractive Economic Institute. 1970 Mao Health deterioration, Power among the Gang of 4, Deng Rehabilitation and releasing 1970 Srimao regained power and started close economy, she had nationalized the country's largest newspaper, Lake House. 1984 Introduce inclusive economic institute, but political institute was extractive 1978 Introduce open economy, inclusive political and economic institute. 2013 china is second largest economy in world 2013 Sri Lanka is now a middle-income country?
    • Q&A Thank you