Reform Comparisons
The discussion highlights the contrasting paths of reform in China and Russia, emphasizing that both countries experienced significant hardship during their transitions. While China managed to lift millions into the middle class after initial struggles, Russia's attempts at establishing a market economy largely faltered. The conversation also touches on the implications of political versus economic liberalization, suggesting that the Soviet Union's downfall may have been exacerbated by simultaneous political reforms.In this clip
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Odd Lots
Odd Arne Westad on how China First Joined the Global Capitalist Economy
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