Series No. 5 : Wen Tiejun on Ten Cyclical Economic Crises in China (1949-2016)


China’s Real Experiences – Professor Wen Tiejun on Ten Cyclical Economic Crises in China (1949-2016)

Speaker:  Prof. Wen Tiejun

Language: English

Professor Wen Tiejun analyses ten cyclical economic crises that China experienced since 1949 and illustrates how China managed through soft-landings, using crises for further development. This alternative review of China’s development experiences brings new insights to discussions and debates on geo-politics, Cold War ideology, Marxist theories, revolutionary legacies, land revolution, national sovereignty, mass mobilization, costs of industrialization, neo-liberal globalization, financial capitalism, rural sustainability, and South-South cooperation.

Professor Wen (1951- ) is Executive Dean, Institute of Advanced Studies for Sustainability and Director, Shenzhen Institute of Modern Agriculture and Industrial Integration of Renmin University of China, Beijing; Executive Dean, Institute of Rural Reconstruction of China, Southwest University, Chongqing; and Executive Dean, Institute of Strait Rural Reconstruction, Fujian Agriculture and Forestry University, Fuzhou, China. He is an independent non-executive member of advisory board, Agricultural Bank of China. He is also founding member of the Global University for Sustainability.

Professor Wen Tiejun is a renowned expert on socio-economic sustainable development and rural issues, especially in policy studies on macro-economics and geo-strategy of south-south cooperation, inclusive growth of rural and urban integration, and regional comparative studies. He has not only conducted more than 20 years of policy studies in different departments of the Central Government of China since 1980s, but also overseas research by the World Bank, United Nations, European Union, among others.

 

General Introduction to the Ten Cyclical Economic Crises of the PRC (1949-2016)

Part 1 : https://youtu.be/YdTGM10HbT8

Part 2 : https://youtu.be/NFlI16hT_is

 

Lecture No.1: Revolution Bonus + Regional War >> Hyperinflation
— First Cyclical Economic Crisis in New China (1949-1951), 8 March 2017, Hong Kong

Part 1 : https://youtu.be/bSHpZNerrwI

Part 2 : https://youtu.be/VzEyVRhq6SY

 

Lecture No.2: Relinking: The Cost of Foreign Capital-Dependent Industrializatio, China’s Second Cyclical Economic Crisis (1952-1960)

Video link : https://youtu.be/SyiH_X9Nvz0

 

Lecture No.3 : Delinking & Its Costs: Tensions in the Geo-Political Environment and Third Front (“SanXian”) Construction

— China’s Third Cyclical Economic Crisis (1962-1970)

Part 1 : https://youtu.be/jvL8ojDqj7M

Part 2 : https://youtu.be/QLDf1V7MAjY

 

Lecture No.4 : The Cost of the “Second Foreign Investment” and Triangular Geo-strategic Re-adjustment among China, USSR & USA

— China’s Fourth Cyclical Economic Crisis (1969-1975)

Part 1 : https://youtu.be/f3p8h5l2V5o

Part 2 : https://youtu.be/Z98JVg62RlY

 

Lecture No.5 : Economic Reform Induced by Foreign Debts & Deficits

— China’s Fifth Cyclical Economic Crisis (1978-1980)

Video link : https://youtu.be/HB2X0pssgvo

 

Lecture No.6 : Relinking to the West: The Institutional Cost of Restructuring the National Industries by Foreign Capital

— China’s Sixth Cyclical Economic Crisis (1985-1989)

Video link : https://youtu.be/45RWMFi2ozM

 

Lecture No.7 : Difficult Transition: Beyond “China Collapse”

— China’s Seventh Cyclical Economic Crisis (1991-1995)

Video link : https://youtu.be/CteOczwhqLo

 

Lecture No.8 : “Over-production” Induced by the East Asian Financial Turmoil, and Dual Options in China’s Response to the Crisis

— China’s Eighth Cyclical Economic Crisis (1997-2001)

Part 1 : https://youtu.be/zhiDoCd0Nfs

Part 2 : https://youtu.be/fhK8TVRzVOU

 

Lecture No.9 : Global Crisis Caused by Wall Street Financial Tsunami, and China’s Counter-Cycle Adjustments

— China’s Ninth Cyclical Economic Crisis (2007-2010)

Part 1 : https://youtu.be/w7R7Id_KltM

Part 2 : https://youtu.be/ioxJmZtlV9w

 

Lecture No.10 : The Second Over-Production and National Strategic Readjustment

— China’s Tenth Cyclical Economic Crisis (2012-2016)

Part 1 : https://youtu.be/E8MO3Zz5WgU

Part 2 : https://youtu.be/TJC-lDsHCs4