alt Hacker NewsIt kind of did. GDP per capita grew at around 6% per year from 1952-1980. It was starting from such a low base that it was still pretty low in 1980, but it was much improved. And Mao was not an engineer.
It kind of did. GDP per capita grew at around 6% per year from 1952-1980. It was starting from such a low base that it was still pretty low in 1980, but it was much improved. And Mao was not an engineer.
6% compared to the post-2000s is mediocre, especially given the low baseline. Not remarkably better than other high-income democratic countries like Japan and West Germany. Even the US can have ~4% growth at the time.