Hello, I'm at my wits end...I have an assignment to hand in to my professor next Tuesday..I don't know where to start, I'm getting very sick as a result. I have to have a cyclical theory that would bring a country into hegemonic status?
much appreciated
shark ( should be a guppy instead)
2006-11-03 02:17:14 · 3 answers · asked by Sharkey 1 in Social Science ➔ Economics
Ok, here's the deal. China is under a socialist regime and therefore, according to the playbook, is not subject to cyclical theories because they pertain to capitalism. However, you can apply keynesian macroeconomics and recommend that they increase their level of public spending so that they may increase their level of productivity and hence, increase the volume of their exports. Sounds contracdictory doesn't it?
This should get you off on the right foot.
2006-11-03 04:46:25 · answer #1 · answered by Nestor Q 3 · 0⤊ 0⤋
None. Cyclical theories assert that every expansion breeds its own contraction. So if you are a cyclicalist, you believe that hegemonic status, even if you achieve it, will eventually be lost...
2006-11-03 03:52:46 · answer #2 · answered by NC 7 · 0⤊ 0⤋
Look into conservatism or neoconservatism in China.
2006-11-03 04:02:21 · answer #3 · answered by endrshadow 5 · 0⤊ 0⤋