A Late Maoist Industrial Revolution? Economic Growth in Jiangsu Province (1966–1978)

Abstract

AbstractAccording to the conventional wisdom, the promise of the Chinese revolution of 1949 went unfulfilled in the Maoist era. Instead of taking off, the economy grew slowly, and widespread rural poverty persisted. The economic turning point was instead the famous political climacteric of 1976–78. But this metric of aggregates is the wrong criterion by which to judge China's economic record because industrial revolutions have regional beginnings. They invariably take place against a backcloth of slow aggregate growth and stagnant material living standards. Accordingly, we should dwell neither on China's slow overall growth nor its widespread poverty before 1978 but look instead for evidence of an emerging regional growth pole. This article argues that Jiangsu was such a growth pole in the late Maoist era, and that its record bears comparison with that of Lancashire and Yorkshire during the early years of Britain's industrial revolution. This holds out the intriguing possibility that a Chinese economic take-off, diffusing out of the Yangtze Delta, would have occurred even without post-1978 policy changes.