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Economics Commons

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Economic History

University of Arkansas, Fayetteville

Globalization

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Full-Text Articles in Economics

"A Glass Of Milk Strengthens A Nation." Law Development, And China's Dairy Tale, Xiaoqian Hu Sep 2020

"A Glass Of Milk Strengthens A Nation." Law Development, And China's Dairy Tale, Xiaoqian Hu

Journal of Food Law & Policy

Historically, China was a soybean nation and not a dairy nation. Today, China has become the world’s largest dairy importer and third largest dairy producer, and dairy has surpassed soybeans in both consumption volume and sales revenue. This article investigates the legal, political, and socioeconomic factors that drove this transformation, and building upon fieldwork in two Chinese counties, examines the transformation’s socioeconomic impact on China’s several hundred million farmers and ex-farmers and political impact on the Chinese regime. The article makes two arguments. First, despite changes of times and political regimes, China’s dairy tale is a tale about chasing the …


Impacts Of The Open Door Policy And Globalization On Income Inequality In China Between The 20th Century And The Early 21st Century, Qili Jin May 2014

Impacts Of The Open Door Policy And Globalization On Income Inequality In China Between The 20th Century And The Early 21st Century, Qili Jin

Accounting Undergraduate Honors Theses

Before economic reform, the Chinese economy experienced a long period of recession. The creation of Open Door Policy re-introduced globalization to China, modernized the country’s economy, and boosted citizens’ standards of living, especially for people who live in the Special Economic Zone and Tier 1 cities. As globalization re-emerged, extreme income inequality became one of the hottest topics. Prior research leads to the hypothesis that re-introduction of globalization led by the Open Door Policy increased income inequality in China. While international inequality focuses on the unequal distribution on a global scale, domestic income inequality is defined as the how material …