Tuesday, March 09, 2010

China: Government Leadership Woes in Hu's "Harmonious Society"

Hmmmmm. Hu's attempt at economic policy hasn't been too hot either:
The core of the Hu policies was an overall attempt to re-centralize economic control. This would allow the central government to begin weeding out redundancies left over from Mao's era of provincial self-sufficiency, which the Deng and Jiang eras of uncoordinated and locally-directed economic growth often driven by corruption and nepotism exacerbated. In short, Hu planned to centralize the economy to consolidate industry, redistribute wealth and urbanize the interior to create a more balanced economy that emphasized domestic consumption over exports. However, Hu's push, under the epithet "harmonious society," has been anything but smooth and its successes have been limited at best.

Institutional and local government resistance to re-centralization has hounded the policy from its inception, and resistance has grown with the economic crisis.

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