Communism
Event Notes: China’s Leadership Transition and What It Means for Its Economy
On Oct. 22, Chinese President Xi Jinping solidified power and an unprecedented third term with the conclusion of the Chinese Communist Party’s 20th National...
How China Became a Global Economic Powerhouse Through an Idiosyncratic Approach to Market Capitalism
Chinese reformers after the death of Mao Zedong in 1976 agreed that it was necessary for China to move towards marketization, but struggled over...
With the US and China, Two Types of Capitalism Are Competing With Each Other
Capitalism’s global victory has been achieved through two different types of capitalist systems: the liberal meritocratic capitalism that has developed incrementally in the West,...
Can Credit Tightening Spur Social Unrest? Evidence from 1930s China
In 1933 the United States launched its Silver Purchase program, which raised silver prices worldwide, drained China’s silver stock, and caused credit to Chinese...
