Deng Reforms China: The Role of SEZs
Abstract
Several decades of isolation and socialisation of economy in China rendered millions of people living in extreme poverty. The state planning failed to achieve desired results and the economy struggled with sluggish growth. Deng Xiaoping, on consolidating his position as the supreme leader, sought to reform the Chinese economy by opening it up for foreign trade and investment. Special Economic Zones came to be used as a tool by Deng for achieving the both. This paper seeks to analyse the extent of success SEZs could achieve for the Chinese economy.
References
Fang, C., Garnaut, R., & Song, L. (2018). 1. 40 years of China’s reform and development: How reform captured China’s demographic dividend. China’s 40 Years of Reform and Development, 5.
Gopalakrishnan, S. (2007). Negative Aspects of Special Economic Zones in China. Economic and Political Weekly April, 28, 2007.
Ho, Y. P. (1993). China's Foreign Trade and the Reform of the Foreign Trade System. China review, 17-1.
Leong, A., & Pratap, S. (2011). China’s capitalist development and its implications for labour with special reference to the Shenzhen SEZ. Hong Kong: Asia Monitor Resource Centre, www. amrc. org. hk/sites/default/files/SEZ% 20and% 20China’s% 20Capitalist% 20Development. pdf.
Lu, X. (2014). The development process, functional evaluation, and implications of world free trade zones. World Review of Political Economy, 5(3), 359-371.
Meisner, M. (1998). The Deng Xiaoping Era: an inquiry into the fate of Chinese socialism 1978-1994. Science and Society, 62(2).
Na, B. (2019, November). The development from special economic zone (SEZ) to free trade zone (FTZ) of China. In IOP Conference Series: Materials Science and Engineering (Vol. 667, No. 1, p. 012008). IOP Publishing.
Naughton, B. (1993). Deng Xiaoping: the economist. The China Quarterly, 135, 491-514.
Park, J. H., & Prime, P. B. (1997). Export performance and growth in China: A cross-provincial analysis. Applied Economics, 29(10), 1353-1363.
Shabad, T. (1955). Communist China's Five-Year Plan. Far Eastern Survey, 24(12), 189-191.
Song, Y., Deng, R., Liu, R., & Peng, Q. (2020). Effects of Special Economic Zones on FDI in Emerging Economies: Does Institutional Quality Matter?. Sustainability, 12(20), 8409.
Stoltenberg, C. D. (1984). China's special economic zones: their development and prospects. Asian Survey, 24(6), 637-654.
Vogel, E. F. (2011). Deng Xiaoping and the transformation of China (Vol. 10). Cambridge, MA: Belknap Press of Harvard University Press.
VVONG, E. L. (1987). Recent developments in China's special economic zones: Problems and prognosis. The Developing Economies, 25, 1.
Yitao, T., & Meng, L. (2016). Annual report on the development of China’s special economic zones. In Y. Tao & Y. Yuan (Eds.), Annual Report on the Development of China’s Special Economic Zones (pp. 3–20). Singapore: Springer. (2016)
Zeng, D. Z. (Ed.). (2010). Building engines for growth and competitiveness in China: Experience with specialeconomic zones and industrial clusters. Washington, D.C: World Bank Publ.
Published
How to Cite
Issue
Section
Allows users to: distribute and copy the article; create extracts, abstracts, and other revised versions, adaptations or derivative works of or from an article (such as a translation); include in a collective work (such as an anthology); and text or data mine the article. These uses are permitted even for commercial purposes, provided the user: gives appropriate credit to the author(s) (with a link to the formal publication through the relevant URL ID); includes a link to the license; indicates if changes were made; and does not represent the author(s) as endorsing the adaptation of the article or modify the article in such a way as to damage the authors' honor or reputation. CC BY
