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Shopon Hossin
04 avr. 2022
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To substantiate their position, they drew on their research on the positive consequences of the dual system and on a mission that visited Hungary and Yugoslavia to study the outcome of market reform in those countries. Ultimately, they won the debate and prevented self-inflicted shock therapy. The gradualists argued that the focus of the Whatsapp Mobile Number List be the strengthening of market power over labor and credit practices. To substantiate their position, they drew on their research on the positive consequences of the dual system and on a mission that visited Hungary and Yugoslavia to study the outcome of market reform in those countries. Ultimately, they won the debate and prevented self-inflicted shock therapy. Zhao later followed the gradualists' path of business reform, combining it with a proposed coastal development strategy in which the private and quasi-private industrial producers that had sprung up in large numbers in the eastern provinces Whatsapp Mobile Number List decade would be integrated. to the global economy along the export-led sweatshop development model pioneered by South Korea, Taiwan and Hong Kong. China's cheap labor would attract foreign investment and generate foreign exchange that could finance energy imports and industrial upgrades for major state-owned companies. In the 1990s and early 21st century, a diverse set of Chinese leaders implemented this basic strategy with surprising success. As Mary Elizabeth Gallagher demonstrated in Contagious Capitalism: Globalization and the Politics of Labor in China . Globalization and Whatsapp Mobile Number List Labor Policy in China], foreign investment and joint ventures proved to be instrumental in China's market reform, not only bringing in hard currency but also facilitating technology transfer, managerial autonomy and power destruction. from the workers.
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