After the collapse of the Soviet Union, there was a transition period from the socialist economic model to the liberal economy model in two important regions of the world. The first is Eastern Europe and the second is China. The transition applied in Eastern European countries is an economic and institutional transformation, which is described as "Shock Therapy". On the other hand, China managed this process with a “Gradual” model, first in the economic field and then with limited institutional transformation. Looking at both regions today, it is seen that the model applied by China has much more positive results than the other. In this study, the economic policies of China in the past 70 years have been analyzed from a historical perspective. Also for the period 1991 – 2018 Johansen cointegration test was applied with GDP, Foreign Direct Investment, Industry and Trade variables. According to the result, these variables act together in the long term. Granger causality test shows that the increase in income in China has a positive relationship with other variables.
: 12 Nisan 2020
|APA||Külünk, İ . (2021). ÇİN EKONOMİK BÜYÜMESİNE TARİHSEL VE KARŞILAŞTIRMALI BİR BAKIŞ . Elektronik Sosyal Bilimler Dergisi , 20 (78) , 796-807 . DOI: 10.17755/esosder.718584|