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Macro Economy

A Summary of China’s Reform and Opening-up Experience Since 1978(Special Issue No.15, 2016)


Since reform and opening-up, China’s comprehensive national power has increased sharply, attracting worldwide attention.

Reforms in Taiwan after 1949: Tough Decisions Made at Stake (Special Issue No.51,2015)


Taiwan authorities have carried out a series of reforms in the field of land, taxation, industry, finance etc. since the retreat of Kuomintang (KMT) to Taiwan in 1949.

Thatcher’ Reform: Remedying British Disease with an Iron Hand (Special Issue No.52, 2015)


After the Second World War, the UK suffered from severe stagflation for about 30 years, causing a series of social problems.

Reagan’s Reform: Leading the American Economy out of Stagflation (Special Issue No.53, 2015)


In view of the reform methodology, the success of former US President Ronald Reagan’s reform is ascribed to its effective strategies and tactics.

Gorbachev's Reform: Road to Ruin (Special Issue No.54, 2015)


With a goal to revitalize socialism and to accelerate the economic development of the Soviet Union, Gorbachev's reform, however, turned out contrary to the original wishes and resulted in the disintegration of the Party and the Soviet Union.

Some Typical Cases of Methodology-Based Reforms at All Times and in All Countries (Special Issue No.55, 2015)


History has proved that the methods and manners adopted in promoting reform are vital to success.

Wang Anshi’s Reform in the Northern Song Dynasty: A Comprehensive Reform and Its Pros and Cons


In 1069 A.D., Wang Anshi (1021-1086) launched a comprehensive supplementary reform with relevant supporting measures, which centered on the management of financial sector and the rectification of army relating to various areas such as politics, economy, culture, social and military affairs.

Zhang Juzheng’s Reform in the Ming Dynasty: Financial and Taxation Reform Amidst Social Crisis


During the middle-to-later period of Ming Dynasty, highly centralized political system grew increasingly corrupted, land annexation became extremely serious, and the people lived in dire poverty, all of which led to a ruling crisis of the Ming Dynasty.