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Essay / Research Paper Abstract
This 7 page paper considers the economic reforms of Chinese premier Deng Xiaoping from an International Political Economics viewpoint, and argues that Deng liberalized Chinese economic policies because he knew it would be good for the country, but at the same time, retained strict communist control in order to create a Chinese hegemony in the region. Bibliography lists 13 sources.
Page Count:
7 pages (~225 words per page)
File: D0_HVDngEcn.rtf
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Unformatted sample text from the term paper:
helping China to evolve into a world power and why he did so. The paper argues from an International Political Economy (IPE) perspective. Why IPE Matters IPE matters because it
is a way of understanding the world that takes both politics and economics, two major drivers of society, into account. "IPE is best defined as a probl?matique, a set of
problems that bear some relationship to one another" (Veseth, 2004). As the discipline developed in the 1970s and 1980s, IPE centered on "how economic factors influenced international relations" (Veseth, 2004).
IPE now centers on six areas: "international trade, international finance, North-South relations, MNCs, ... the problem of hegemony [and] globalization," which was added to the list in the 1990s" (Veseth,
2004). With these factors in mind, lets examine Dengs liberalization of the Chinese economy and examine the thesis that his reason for liberalizing the economy was to make China
more competitive in the global marketplace. Political Reform There is a common perception that Chinese leaders were widely divided over reform issues, but evidence suggests "that practically all participants in
the discussion agreed that the ultimate goal of any type of political reform was to strengthen and preserve the rule of the Communist party" (Pei). Political reform was only allowed
if it didnt compromise Communist rule, which for all practical purposes means there was no reform considered (Pei). Dengs views on political reform were that it was a means
to economic reform, but within fairly narrow limits: "while political reform was definitely needed to serve the goal of economic reform, it must not be allowed to bring in western-style
democracy or institutional checks and balances" (Pei). For Deng, it appears that political reform and economic reform were inextricably linked: "... in Dengs judgment, political reform was the implementation of
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