The theory of “One country, two systems” was mainly known in the 21st century, when a communist country like China could implement economic liberalization and reform policies, taking out 800 million persons out of poverty in 40 years, despite its authoritarian system, centralized planning and low level of civil society engagement. This article intends to study the “one country, two system” in China- Hong Kong- Taiwan and respond to the question that if a communist ideological system could achieve economic development with liberal economy means and mechanisms, avoiding social conflicts? Is it possible to consider mixed systems as a success story for development or it would be more convenient to refrain generalizing specific achievements? Mindful of the catastrophic results of mixed policies in some countries, it is possible to conclude that states like China, with a high level of authority and sufficient financial resources are better positioned to execute policies like “one country, two system” model, without being subject to pay an unaffordable cost.
