Groundwork: From Old China to New China
Shaoguang Wang ()
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Shaoguang Wang: Huazhong University of Science and Technology
Chapter Chapter 3 in China’s Rise and Its Global Implications, 2021, pp 65-114 from Springer
Abstract:
Abstract This chapter examines why the New China can do what the Old China cannot. The key is still state capacity. To be strong and prosperous, a country must have laid solid political, social, and material foundations. This is not an easy task, requiring an effective government in place. The chapter first examines the situation before 1949, and then focuses on China before the “reform and opening up,” to highlight the extraordinary significance of state-building. The first 30 years of the PRC were a period of foundation laying, which is both tough and time-consuming. And the people who put the foundation in place may not be able to immediately enjoy the fruits of their hard work. However, without the solid foundation built in the first 30 years, it would not be possible to have the magnificent achievements that rose from the ground in the next 40 years.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-4341-5_3
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DOI: 10.1007/978-981-16-4341-5_3
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