MAGIC: Models of Aggregate Growth in China
Abstract
The economy of the People's Republic of China has sustained extremely high rates of economic growth since liberalizing reforms were introduced during the 1970s. The prospects for continued growth in the Chinese economy are important because growth will be a major determinant of the material well-being of about one quarter of the world's population. These prospects also have important implications for the national security of the United States. China provides both a regional and global counterweight to Soviet military power. In the past, Chinese forces have tied down Soviet forces in Asia--forces that otherwise might have faced NATO forces in Europe--thus favorably affecting U.S. security. More recently, Soviet perceived needs to counter Chinese military force probably constrain the possibilities for overall conventional arms negotiations between the superpowers, with a much more ambiguous overall effect on the United States and its allies. China's ability to tie down Soviet forces and constrain Soviet actions depends largely on China's economic ability to support its military.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1991
- Accession Number
- ADA239383
Entities
People
- Donald P. Henry
Organizations
- RAND Corporation