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Practice Speaking: Re-tell lecture
ID: #4131
Medium Political system
Transcript:
What about Chinese political system? You talk about human capital, you talk about education and public health. What about the political system? Isn't it true that the one-party political system has facilitated economic growth in China? Actually, the answer is more nuanced and subtle than that. It depends on a distinction that you draw between statics of the political system and the dynamics of the political system. Statically, China is a one-party system, authoritarian -- there's no question about it. Dynamically, it has changed over time to become less authoritarian and more democratic. When you explain change - for example, economic growth; economic growth is about change - when you explain change, you use other things that have changed to explain change, rather than using the constant to explain change. Sometimes a fixed effect can explain change, but a fixed effect only explains changes in interaction with the things that change. In terms of the political changes, they have introduced village elections. They have increased the security of proprietors. And they have increased the security with a long-term land leases. There are also financial reforms in rural China. There is also a rural entrepreneurial revolution in China.
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"Pearson updated its scoring criteria on November 4, 2024. Templates are now banned, and responses identified as template-based will be flagged by human reviewers. Stay tuned for new strategies and updated answer formats!"
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