A the beginning of the 1980s, American media was flooded with reports of the exponential growth of Japan as a world power, claiming that Japan’s economy would come out on top in the world’s economy. […]
Though the end of the Florentine-Neapolitan war was good news for Florence, the city-state’s economy was not in agood shape and Lorenzo needed to deal with this financial crisis immediately. […]
Richard Nixon’s trip to China and abolishing of the Bretton Woods agreement were economically problematic for Japan. Yet, Japan was able to become one of the world’s major economic colossi. […]
The US occupation, which turned out to be a major factor for Japan’s economic growth, came into play with various plans. Land reform can be considered a significant success of the US occupation. […]
Postwar Japan took place in two short and long periods. Before this period, the country was dependent on US aid. But postwar Japan transformed everything related to the economy. […]
Under Zhu Rongji, China embraced new regulations, giving enterprises more autonomy in making managerial decisions. It adopted the label of a ‘market’ economy, changing the perception that markets equal capitalism. […]
Deng Xiaopin introduced small-scale private commerce in China’s cities. The fiscal system was also decentralized to encourage entrepreneurial initiatives. However, resistance to change was widespread among urban state workers. […]
Li Peng’s plan to undermine Zhao Ziyang’s economic policies and priorities was eventually successful. China’s economy went into a downward spiral and Zhao suffered a severe blow to his prestige. […]
After the plague, everyone who survived was pretty much better off than they had been before. A new pattern emerged in the economy that unsettled a few individuals. […]
The population of the Chinese empire doubled due to many reasons stemming from the stability and peace brought by the Manchus. […]
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