china did not have any compulsion to introduce reforms as dictated by the world bank and international monetary fund to india and pakistan. why did china introduce structural reforms in 1978?evaluate the Various factors that led to rapid growth in economic development in china in the post reform period

Dear Student,
China did not have any compulsion to introduce reforms as dictated by the World Bank and International Monetary Fund to India and Pakistan. The new leadership at that time in China was not happy with the slow pace of growth and lack of modernisation in the Chinese economy under the Maoist rule. They felt that Maoist vision of economic development based on decentralisation, self sufficiency and shunning of foreign technology, goods and capital had failed. Despite extensive land reforms, collectivisation, the Great Leap Forward and other initiatives, the per capita grain output in 1978 was the same as it was in the mid-1950s. It was found that establishment of infrastructure in the areas of education and health, land reforms, long existence of decentralised planning and existence of small enterprises had helped positively in improving the social and income indicators in the post reform period. Before the introduction of reforms, there had already been massive extension of basic health services in rural areas. Through the commune system, there was more equitable distribution of food grains. Experts also point out that each reform measure was first implemented at a smaller level and then extended on a massive scale.

Please Check Answer to Question No. 12 from the hereunder link for the Various factors that led to rapid growth in economic development in china in the post reform period :-
https://www.meritnation.com/cbse-class-12-commerce/economics/indian-economic-development-ncert-solutions-2018/unit-iv-comparative-development-experiences-of-india-and-its-neighbours/ncert-solutions/59_16_1355_2492_195_15755
Regards

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