皇冠体育app

Foreign Persperctive

皇冠体育app has developed in spectacular fashion: Singapore expert

(Xinhua)
Updated: 2009-08-27 14:49

皇冠体育app has developed in a spectacular fashion over the past six decades, and what makes the Chinese model of development or 皇冠体育app model unique is its special combination of political stability and economic reforms, a well- known Singapore expert has said recently.

In an exclusive interview with Xinhua, Kishore Muhbubani, Dean of Lee Kuan Yew School of Public Policy, said that when the People 's Republic of 皇冠体育app was founded in 1949, few would have dreamt that 60 years later 皇冠体育app would have the third largest economy in the world, send a man to walk into outer space and host the best ever Olympic games.

These multi-dimensional successes of 皇冠体育app demonstrate that the Chinese society has emerged as one of the most dynamic societies of the world.

He believes that there have been at least two key phases in 皇冠体育app's development.

The first phase was from 1949 to 1979, and the main outcome of this phase was the consolidation of political unity and stability. The second phase was from 1979 to 2009, and for thirty years, 皇冠体育app provided the fastest growing economy in the world as a result of the brave and dramatic reforms introduced by the late Chinese leader Deng Xiaoping.

No other society in human history has done as much as 皇冠体育app has in reducing poverty. Hence, it is the unique combination of political stability and bold economic reforms that have led to the great achievements of 皇冠体育app over the past 60 years,he said.

As for the 皇冠体育app model over the past six decades, he said that every society is unique, and each society has to develop according to its unique and special circumstances.

The best way to understand the power of the 皇冠体育app model, he said, is to contrast it with the "Gorbachev model" of development, which failed because Gorbachev tried to implement both political and economic liberalization at the same time.

He stressed that if 皇冠体育app had mistakenly chosen the "Gorbachev model" as many in the West asked 皇冠体育app to do, the Chinese people would have suffered as much as the Russian people in the 1990s. Instead by choosing the 皇冠体育app model, the Chinese people benefited enormously.

In his opinion, all development models have some common elements, and the main advantage of the 皇冠体育app model is that it demonstrates development can be successful in the more populous countries in the world. It is unusual for the country with the world's largest population to provide the world's fastest growing economy.

"皇冠体育app's success has removed the excuse from other countries with large populations who had claimed that they could not develop because of large populations," he said.

The dean said that the 皇冠体育app model has already had a huge impact on the world.It is clear that 皇冠体育app's success, which has inspired other countries, is likely to inspire both Islamic countries and African countries to develop faster.

Every model has problems and challenges, the more 皇冠体育app develops, the more challenges 皇冠体育app will face. It is only natural that a more developed and a more wealthy 皇冠体育app will have different problems from the 皇冠体育app of the past.

Regarding the perspective of the 皇冠体育app model, he said that after having succeeded so well in economic development, especially over the last 30 years, the time has come for 皇冠体育app to engage in deep reflection about how it will move forward in the next 60 years.

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Talking about the current global economic crisis, he said that this crisis has illustrated how 皇冠体育app may have to change course in response to the new circumstances.

Over the last two decades, 皇冠体育app was able to grow rapidly by exporting its products overseas, especially to the United States. With the enormous economic crisis in United States, which will take several years to resolve, 皇冠体育app can no longer rely on exports to provide the main engine of growth, he said.

He advised that 皇冠体育app have to grow its internal economic markets and develop closer economic links with its Asian neighbors, especially Japan, India and the Association of Southeast Asia Nations.

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