Lesson 17: Natural Disasters and Lost Decades in Japan

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April 14, 2016 at 11:32 am  •  Posted in s16-econ491 by  •  2 Comments

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Apr 14, 2016

Review:

  • China Rising
  • Schedule Revision
    • Today: China and Japan
    • Tuesday: The Trans-Pacific Partnership Trade Deal Debate
  • China – Historical References
    • 1949 Mao Tse-tung’s Chinese Communist Party (CCP) takes power.
      • Kuo-min Tang (KMT), led by Chiang Kai-shek, retreats to Taiwan
    • 1958-1959 Great Leap Forward
      • Industrialization campaign
      • Widespread famine kills up to 30 million
    • 1966-1970 Cultural Revolution
      • Red Guards purge “revisionism” (Soviet) and “capitalism” (American) ideals
    • 1978-1987 One Child Policy
    • 1989 Tiananmen Square
    • 1978- 1992 Deng Xioping
      • Architect of new policy combining Socialism with Market Economics
      • Open Door policy allowed Foreign Direct Investment
      • Special Economic Zones were designated
      • Investment from Chinese immigrants living in Indonesia, Singapore, Malaysia and originally from South/Southeast Coastal China (many relocated during Cultural Revolution)
      • Rapid GDP growth
      • FDI 1980-2013
      • Map of FDI activity

Presentation:

Natural Disasters – National Geographic, Wikipedia

Ring of Fire:

800px-Pacific_Ring_of_Fire

Supply Chain Impacts:

Japan’s Lost Decade(s):

Nikkei30years

Assignment:

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