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Revision as of 20:39, 30 March 2002 by 24.28.70.162 (talk)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)Chinese economic reform refers to the program of economic changes that were started in 1978 by Deng Xiaoping and are ongoing as of 2002. The goal of Chinese economic reform was to restructure and replace the command economy which had been instituted as a result of Maoism as well as to develop the Chinese economy and improve the standard of living. The challenge of economic reform was to simultaneously resolve problems of command economies in addition to the problems of developing economies.
Although there are still a number of serious and some believe ultimately fatal problems with the Chinese economy, Chinese economic reform unlike peritroiska has been regarded as a success. The standard of living of most Chinese has improved markedly since 1978, and from the point of view of the government, economic reform has been a success in that it has contributed to the fact that the Chinese Communist Party has remained in power.
Chinese economic reform has consisted of a large number of different changes. There are two principles which appear to underlie the program. The first is pragmatism. The criteria for success is determined by experiment rather than by ideology. The second is incrementalism. Instead of announcing and implementing a national program, typically, an idea is implemented locally or in a particular economic sector, and if successful it is gradually adopted piecemeal throughout the nation.