主题:【原创】讲讲我对工厂高层的看法 -- wqnsihs
as I said in my previous post, Zhu stablized the central gov. fiscal situation, and the banking system. Indirectly it ensured central gov's control of the whole country.
Look at what happened to Argentina and Russia--fiscal bankruptcy, currency fluctuation and domestic violence with lost 10 years. You will see how important it is to have a stable central fiscal income statement. If China developed along its 1992-1993's route, MANY MORE CHINESE WILL 家破人亡
Currently, central gov gets 54% of total tax rev and the remaining goes to provinces. That's AFTER Zhu's great efforts of fiscal reform in 1994, much lower than US's 74%.
Zhu fought against various establishments and put up a modern macro-economic framework in China. After him, China has stable central treasury, a central bank with monetary authority, more-or-less profit-oriented banking industry, audit industry, a growing stock market, stablized fixed USD-RMB peg and a booming export sector.
Most importantly, China was firmly locked into WTO and there is no way to reverse the capitalistic revolution.
成大事不能求完美.
Compared with him, 影帝從不得罪人但一事無成
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🙂外交家不说不知道结果的话,政治家不做不知道结果的事情 2 远离尘嚣 字898 2009-08-13 06:38:02
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🙂very emotional comments
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🙂我老爸当时也觉得XXX不懂经济。 咦咦咦 字124 2009-08-12 21:11:31
🙂我觉得治国者自己懂不懂不重要,关键是听得进 2 wqnsihs 字138 2009-08-12 21:16:08
🙂这个倒是事实。不算是地球上之最吧, 2 咦咦咦 字274 2009-08-12 21:38:37