MVZb2039 China in the World Economy

Faculty of Social Studies
Autumn 2022
Extent and Intensity
1/1/0. 4 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Mgr. Petr Svatoň (lecturer)
doc. Mgr. et Mgr. Oldřich Krpec, Ph.D. (lecturer)
Guaranteed by
doc. Mgr. et Mgr. Oldřich Krpec, Ph.D.
Department of International Relations and European Studies – Faculty of Social Studies
Contact Person: Olga Cídlová, DiS.
Supplier department: Department of International Relations and European Studies – Faculty of Social Studies
Timetable
Wed 14. 9. 10:00–11:40 P22, Wed 21. 9. 10:00–11:40 P22, Tue 27. 9. 8:00–9:40 U42, Tue 4. 10. 8:00–9:40 U42, Wed 12. 10. 10:00–11:40 P22, Wed 19. 10. 10:00–11:40 P22, Wed 26. 10. 10:00–11:40 P22, Wed 2. 11. 10:00–11:40 P22, Wed 9. 11. 10:00–11:40 P22, Wed 16. 11. 10:00–11:40 P22, Wed 23. 11. 10:00–11:40 P22, Wed 30. 11. 10:00–11:40 P22, Wed 7. 12. 10:00–11:40 P22
Prerequisites
! MVZ234 Selected Security Problems && !NOW( MVZ234 Selected Security Problems )
There are no specific prerequisites for the course, which is open to bachelor-level students and requires no pre-existing knowledge of the subject matter.
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.

The capacity limit for the course is 45 student(s).
Current registration and enrolment status: enrolled: 4/45, only registered: 0/45
fields of study / plans the course is directly associated with
there are 25 fields of study the course is directly associated with, display
Course objectives
This course aims to acquaint students with the development of China’s economy since the beginning of pro-market reforms in 1978. It will lay out the logic and aims of the main reforms, explain the resulting changes in China’s economic performance and finally describe the contemporary Chinese economic system and analyze its advantages and shortcomings. Special attention shall be given to the increasing role of industrial policy and state interventionism under Xi Jinping, as well at to the contemporary trade war and technological rivalry between China and the United States. Moreover, the course will account for the China’s role in international economic organizations and depict the growing impacts of its economic rise on third countries, both via both trade and political projects such as the Belt and Road Initiative.
Learning outcomes
At the end of the course, students should be able to explain what makes China’s economy distinct from both Western liberal capitalism and Soviet-style central planning, to have gained a grasp of China’s growing global commercial clout and to possess an understanding of the main causes and nature of the current US-Chinese economic and technological rivalry. Students will also get to know basic macroeconomic concepts, such as exchange rate regimes, balance of payments, monetary policy or public debt.
Syllabus
  • 1) The history of China until 1911 2) Maoism and central planning (1949-1978) 3) Reading week 4) China’s transition into a market economy after 1978 5) The new millennium and the China Shock 6) The Xi Jinping era: return of industrial policy 7) The United States - Chinese trade and technological rivalry 8) China and the World Trade Organization 9) Seminar I: US vs China 11) The Belt and Road Initiative 12) Europe and China: from commercial honeymoon to strategic competition 13) Seminar II: The EU’s policy towards China
Literature
  • NAUGHTON, Barry. The Chinese economy : adaptation and growth. Second edition. Cambridge, Massachusetts: The MIT Press, 2018, vi, 594. ISBN 9780262534796. info
  • HUANG, Yasheng. Capitalism with Chinese characteristics : entrepreneurship and the state. 1st pub. Cambridge: Cambridge University Press, 2008, xviii, 348. ISBN 9780521898102. info
Teaching methods
Lectures, class discussion in seminars, group presentations.
Assessment methods
The evaluation is composed of one position paper (5 points), one group presentation (5 points), one essay (5 points) and the final exam (20 points). In order to successfully complete the course, a student needs to acquire at least 20 points. Points are going to be translated into grades as follows: 35-32,5 points - „A“ 32-29,5 points - „B“ 29-26,5 points - „C“ 26-23,5 points - „D“ 23-20 points - „E“ 19,5-0 points - „F“
Language of instruction
English
Further comments (probably available only in Czech)
Study Materials
The course is taught annually.
The course is also listed under the following terms Autumn 2021, Autumn 2023, Autumn 2024.
  • Enrolment Statistics (Autumn 2022, recent)
  • Permalink: https://is.muni.cz/course/fss/autumn2022/MVZb2039