4.0

credits

Average Course Rating

This course examines the political and institutional foundations sustaining contemporary China’s economic growth and reforms, as well as the consequences of its transition. The course focuses on several paradoxes. How does China push for market-oriented reforms without democratizing the authoritarian political system? Is the state still in control in today’s economy? How does China reconcile the communist party ideology with its fast-growing private sector, and with elements of capitalism? How does the state balance the centralization and decentralization of economic policy making and implementation? What is the rationale and the consequences of China’s internationalization? How does the US-China tech war influence China and its position in the global value chain? Can the “China model” work in other contexts? We will examine these important questions through a combination of conceptual frameworks, real world examples, and policy analysis.