Development Experience
Development Experience
China:
❖ China was established and the country was regulated by government(state).
❖ the Great Leap Forward campaign was initiated in 1958 to foster industrialization. It
encouraged people to set up industries in their backyard.
❖ GLF campaign met with many problems:-
i. severe drought
ii. Russia had conflicts with China, it withdrew its professionals from China to help in
the industrialization process.
❖ Under the commune system, people collectively cultivated lands.
❖ In 1965, Mao Zedong introduced the Great Proletarian Cultural Revolution (1966-76) under
which students and professionals were sent to work and learn from country side.
❖ China‘s present its reforms in 1978.
❖ China introduced reforms in phases.
Initial phase = Reforms were initiated in agriculture,
Later phase = Reforms were initiated in industrial sector.
=SEZ were set up to attract foreign investors.
Pakistan
❖ mixed economy model
❖ In the 1970‘s, introduced denationalization
❖ In 1988 - Pakistan introduced economic reforms.