Mao ruled China for the period from 1949 to 1976. During his leadership, Mao oversaw several initiatives that aimed to put across the progress of the country. Several of these revolutionary changes captured the attention of the media and received intensive debate from professionals and members of the Republic. Among the initiatives that received media attention is the five-year plan that was published in the first week of August 1955. The information in the extracts of the China Mainland Press indicated that the plan was drafted to happen between the years 1953 to 1957 (Pong, 2009). The five-year plan ...
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Introduction
Globalization is a new buzz word which has taken the entire world by storm since the nineties. The term was initially used to signify the breaking of the Soviet Union and the end of cold war; suggesting the beginning of a new era of global trend. It also means unifying the economic resources across the globe which may include tariffs, import quotas as well as trading fees. Sometimes the term “globalization” is used interchangeably with “economic globalization”. Although, this term basically refers to integrating the foreign investments, capital flows, military presence and the availability of technology; it may also ...
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