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Review: Strategies and Lessons of China’s Post-Mao Economic Development

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Submitted By leelove818
Words 573
Pages 3
Content: In the article mentioned above, the author Kuotsai Tom Liou was trying to find out two answers: first of all, how has China achieved its development? Second, what can we learn from this story? The article starts with a brief introduction about how important the economic development is. Then the article uses few paragraphs to point out different development methods during different reformation period of China. At the end of the introduction, the author threw out the two main points which have already mentioned above. On the next section, the author began to focus on the time-line of China’s development. He listed out events and reformations paragraph by paragraph. This section help the readers better get their ideas into shape. In order to make a strong argument, Kuotsai Tom Liou provided few forms while he was talking about China’s macroeconomic structural reformation. Next, the author dug in-depth and discussed about the four major strategies implemented that readers should focus on. The four major strategies are: the contract responsibility system, the dual price system, special economic zones, and administrative reform. These changes all represent different reform periods. Next then, the author summed up little bit, he used one section to talk about the lessons we should learn from economic development. In this section, the author overall expounded how Chinese development experience occurred and became successful while it interact with government, environment, special economic zones. The author then ended the article up with a succinct conclusion.
Analysis:
Pros: As mentioned above, in order to make a strong argument, Kuotsai Tom Liou demonstrated not just forms in this article, but also provided abundant reliable numerical data. For example, while the author was talking about the growth rate of China after a new policy carried out, he said “During

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