WHY has China's economy grown so much?

On today's Economic Update, you gave a great summary of how China's economy has grown, and what US corporations will do in response to China's growth, but you didn't explain why the Chinese economy has grown so much in the past 10 years. What policies did they pursue and how do these policies contrast with those followed in other countries? I'd love to have you devote a program (i.e., the second half hour) to explaining how China has achieved their growth even as most other economies have struggled to recover. (A related question is, what about inequality in China? Has China's growth been accompanied by growing inequality there? What if anything is the Chinese government doing to address this?) I think this would make a great program on a topic a lot of people, me included, know very little about.

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  • Brave Justice
    tagged this with upvote 2019-03-14 21:43:54 -0400
  • Peggy Karp
    published this page in Ask Prof. Wolff 2018-01-19 13:40:05 -0500