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Junior Economics Tutorial: China in the Global Economy

CSS 320
Spring 2017
Section: 01   02  
Certificates: International Relations

China is a country that is both transitioning to a market-oriented economy and developing rapidly into a global economic power. As such, it has characteristics of both an emerging market economy and a developing country. China is large enough to create its own institutional infrastructure to support a third way between capitalism and socialism. This course examines in detail China's great economic transformation beginning in 1978 in what is often described as a "gradualist" transition to a market economy. In the last three and a half decades, the speed of China's development and its growth rates of GDP are without precedent in history.

China entered the current decade with an unbalanced economy highly dependent on both state-financed investment through a state-controlled financial sector and exports of finished goods to sustain its high growth rates. The previous leadership espoused creating a harmonious society. The current leadership recognizes the need both to promote more domestic-fueled growth by increasing consumption and to achieve more broad-based economic development. Many social issues remain to be tackled, among which are environmental degradation, income inequality, and an aging workforce. After developing the economic background that propelled China rapidly into middle-income-country status, this course consider these remaining issues (and others) to provide insights into the fundamental question of what is left to be done to create a fully mature, developed economic system in China.
Credit: 1 Gen Ed Area Dept: SBS ECON
Course Format: Lecture / DiscussionGrading Mode: Graded
Level: UGRD Prerequisites: None
Fulfills a Major Requirement for: (CGST-MN)(CSS)
Past Enrollment Probability: Not Available

Last Updated on JUN-14-2024
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