Об этом курсе: In 1978, after nearly 30 years of socialist planning under Mao Zedong, China was one of the world’s poorest countries, saddled with an inefficient, inward-looking economy. Today, China is an upper-middle income country and the world’s largest trading nation, contributing more to global economic growth than any other nation. How could such a remarkable transformation take place? This course will examine in detail the reforms that have contributed to China’s economic development and the current challenges facing the Chinese economy. After completing this course, you will be able to: - describe the origin and consequences of China’s key economic reforms since 1978; - explain how features of China’s fiscal and financial systems have impacted development outcomes; - assess the extent to which China has integrated itself into the global economy and the consequences of such integration for China and other countries; - explain the importance of different sources of economic growth during different periods since 1978; and - critically assess the economic and policy challenges facing China going forward. This course does not offer certificate at the moment. Course Overview video: https://youtu.be/YBkhpvWUoIw
Для кого этот курс: This course is for anyone who is interested in deepening his/her understanding of the Chinese economy. There is no prerequisites. However some familiarity with basic economic principles is recommended, for example having taken an introductory economics course (microeconomics or macroeconomics).
Преподаватели: Albert Park, Director of the Institute for Emerging Market Studies, Chair Professor of Social Science and Professor of Economics
| Выполнение | 6 weeks of study, 2-3 hours/week |
| Язык | English |
| Как пройти курс | Чтобы пройти курс, выполните все оцениваемые задания. |
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- Reading: Assignments and Grading
- Discussion Prompt: Discussion: Meet and Greet
- Видео: 1.1 China’s Gradualist Reforms – An Introduction
- Видео: 1.2 Institutional Change – A Framework
- Видео: 1.3 Reform Overview
- Видео: 1.4 Decollectivization of Agriculture
- Видео: 1.5 The Rise and Fall of Township and Village Enterprises (TVEs)
- Видео: 1.6 The Problem of State-owned Enterprises
- Видео: 1.7 China’s Gradualist Reforms – Module Summary
- Discussion Prompt: Module 1 Discussion
- Reading: Module 1 Course Reading
- Reading: Module 1 Lecture References
- Видео: 2.2 Fiscal Decentralization: Pros and Cons
- Видео: 2.3 Reforming the Fiscal System
- Видео: 2.4 The Soft Budget Constraint
- Видео: 2.5 Reforming the Financial System
- Видео: 2.6 Shadow Banking: Threat or Opportunity?
- Видео: 2.7 Fiscal and Financial System Reform – Module Summary
- Discussion Prompt: Module 2 Discussion
- Reading: Module 2 Course Reading
- Reading: Module 2 Lecture References
- Видео: 3.2 International Trade: Performance and Policies
- Видео: 3.3 Trade and Development
- Видео: 3.4 Foreign Direct Investment
- Видео: 3.5 Foreign Direct Investment – Firm Visits in China
- Видео: 3.6 China’s Outbound Foreign Direct Investment
- Видео: 3.7 China’s Outbound FDI – An Expert Discussion
- Видео: 3.8 Internationalization of the Renminbi
- Видео: 3.9 Internationalization of the Renminbi – An Expert Discussion
- Видео: 3.10 Globalization: Trade and FDI – Module Summary
- Discussion Prompt: Module 3 Discussion
- Reading: Module 3 Course Reading
- Reading: Module 3 Lecture References
- Видео: 4.2 Sources of Growth
- Видео: 4.3 Structural Change
- Видео: 4.4 Resource Misallocation
- Видео: 4.5 Productivity Growth
- Видео: 4.6 Economic Growth and Structural Change – Module Summary
- Discussion Prompt: Module 4 Discussion
- Reading: Module 4 Course Reading
- Reading: Module 4 Lecture References
- Видео: 5.2 China’s Governance Puzzle
- Видео: 5.3 Incentivizing Local Leaders
- Видео: 5.4 Economic Challenges
- Видео: 5.5 Rebalancing Growth
- Видео: 5.6 Challenge of Rising Wages
- Видео: 5.7 Challenge of Rising Wages – Firm Visits in China
- Видео: 5.8 Governance and Current Challenges – Module Summary
- Видео: 5.9 Economic Reform and Growth in China – Conclusion
- Discussion Prompt: Module 5 Discussion
- Reading: Module 5 Course Reading
- Reading: Module 5 Lecture References
- Practice Quiz: Post-course Survey
- Reading: Rate this course
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A great course for anyone interested in learning about China. You can expect your perceptions of China, along with the driving forces behind China's rapid transformation, to be challenged.
I learned so much in this course. Thank you.
An excellent and very rewarding course!
Great content, great delivery by Prof. Park!
I've learned so much in so little time. The quizzes were not easy at all but helpful to test your understanding of the lectures. The mandatory readings were of good academic quality and also helped to better understand the lectures' content.
It helps if you have an economics background but more important in my opinion to successfully master this course is your strong interest in the topic itself!
Congratulations to Prof. Park and his team for this excellent course. Hope there will be indeed a part 2.
Very Good course Gives a broader idea about the Chiese economy and some of the most important reforms and policies during the transformation period.