Ideologies Behind Economic Growth 1860-1997 Flashcards
What were the main obstacles to Chinese economic growth up to 1860?
Philosophy (Confucius thought), Qing dynasty (worried progress was Western to overthrow them ), lack of foreign trade (Canton system)
Factors that encouraged economic growth from 1860?
Self-strengthening movement, individuals (Li Hongzang), Communication with foreigners, entrepreneurial middle class, Yangtze River
Aims of the Self-strengthening movement 1860-95?
Economic reform, improve army by adopting Western technology, retain Confucius ideas but use Western technology to fix issues
Examples of the self-strengthening movement creating economic development
Western ships purchased with steel hulls, Qing hired British and German engineers, British asked China to create opportunities for skilled workers, Li Hingzang set up own factories/shipyards/schools, developments in cotton/coal industry, Tonwenguan
Aims of the May 4th Movement 1915-24
Increase self-reliance, create new principles for Chinese to get rid of Confucius beliefs, increased Chinese sovereignty to get rid of Western extraterritoriality
Examples of economic development in the May 4th Movement 1915-24
1916 New Youth Magazine, 1918 4th May protests, 1920 boycotts in Shanghai Commercial Association
Why can the May 4th movement be seen as having little impact on economic development in China?
Largely unsuccessful + had little impact - shown by the split of GMD and CCP in 1922
Aims of Soviet Marxism 1920-58 on economic growth
Rapid state led industrialisation (5 year plan), use of state propaganda to focus on heavy industry, China to follow Soviet model and lean away from Western countries, USSR become China’s chief ally, USSR provide valuable economic lessons for China
Examples of Soviet Marxism 1920-58 aiding economic development in China 1920-58?
Treaty of Friendship and Mutual Alliance 1950 (Russian advisors went to China), advisors help with Stalinist central planning expertise, caused 26% heavy industry
What did Russia demand from China in return for aid/advice?
Port Arthur and raw materials
Aims of Maoist Marxism to increase economy growth 1934-62?
‘Walking on 2 legs’ (moving away from USSR aid), End the power of Chinese Landlords (land redistribution)
Negative impacts on economic development caused by Maioist Marxism 1934-62?
Caused peasants to lose all land and equipment, lead to Great famine (2nd 5 year plan)
Aims of growth of capitalism ideology on China 1978-1997?
1980- introduction of free market capitalism, citizens able to borrow (increased entrepreneurship), Mao’s communes broken up in rural areas, increased manufacturing, increased availability of Western goods, SEZs (allow Western free control to improve GDP), 1992 financial liberalisation, increased IMF investment
Example of economic development caused by capitalism ideology 1978-1997
98% of Mao’s work teams disbanded in 1983, TVEs allowed rural areas access to goods, strength of SEZ’s, China’s economy grew by 9.6% on average every year from 1981-1993
Example of strength of SEZs on economic growth
1981-1984, Shenzhen’s (SEZ) economy grew by 75% each year