Chapter 1 Introduction
Chapter 2 China from 1949 to 1977
1. Restoration of the National Economy (1949 - 1952)
1.1 A Pressing Need of Restoration
1.2 Adoption of a Four-Pronged Approach
1.2.1 Redistribution of Assets and the Land Reform
1.2.2 Three Balances in the Economy
1.2.3 Formation of Cooperatives to Stimulate Production
1.3 Impact on Prices: from Fluctuation to Stabilization
2.The First Five-Year Plan (1953 - 1957)
2.1 Agriculture: from MATs to Higher APCs
2.2 Industry: A Heavy-Industry-Centered Model from the Soviet
3. "The Great Leap Forward" of the Second Five Year Plan (1958 - 1962)
3.1 People's Commune, a Step Further to Collectivized Farming
3.2 The Iron and Steel Campaign for Industrial Modernization
3.3 The Great Famine and Economic Adjustment
3.4 An Episode Worthy of Contemplation
4. Retrenchment and Readjustment (1963 - 1965)
4.1 Corrective Measures Underway
4.2 The "Third Front" and Its Impact
5."The Cultural Revolution" (1966- 1976)
5.1 Urban Industrial Enterprises in the Movement
5.1.1 Organization and Management
5.1.2 Two Rounds of Unsuccessful Restoration
5.2 Rural Policy Changes and Their Effects
5.3 Lessons from the Cultural Revolution
6. A Window to the Outside World: Foreign Trade
6.1 A Policy Consistent with the Heavy-Industry-Centered Model
6.2 A State-Monopolized Sector
6.3 A Centrally-Planned System
6.4 A Uniform Pricing Mechanism
6.5 Stringent Control over Foreign Exchange
6.6 Mirror of the Macro Environment
Chapter 3 Economic Reform, the 1st Phase
1. The Great Leap Outward
1.1 One More Ambitious yet Unrealistic Plan
1.2 Obstacles Challenging its Fulfillment
2. Initial Reforms Kicked Off (1978 - 1983)
2.1 The Guiding Ideology
2.2 De-collectivization of Agriculture via HRS
2.2.1 Collectivized Farming, a Disincentive to Output Growth
2.2.2 Contract Farming:Trials Initiated
2.2.3 Official Launch of the Household Responsibility System
2.2.4 A System with Undeniable Flaws
2.3 From CBEs to TVEs
2.3.1 The Rise and Fall of Commune and Brigade Enterprises
2.3.2 Official Recognition of the Township-Village Enterprises
2.4 De-centralization in Industry
2.4.1 Delegation of Greater Power
2.4.2 Retained Profit and Bank Loans: New Sources of Financing
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