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Author | : Nicholas R. Lardy |
Publisher | : Lanham, MD : University Press of America ; New York, N.Y. : Asia Society |
Total Pages | : 96 |
Release | : 1987 |
Genre | : Business & Economics |
ISBN | : |
Download China's Entry Into the World Economy Book in PDF, ePub and Kindle
China's new trade and investment policies have led to increased regional economic integration in Northeast Asia and have contributed to the overall economic dynamism of the Pacific region. But whether this trend will continue will depend both on the ultimate success of China's domestic economic reforms and the ability of all of the countries in the region to mitigate remaining political frictions. Co-published with the Asia Society.
Author | : Nicholas R. Lardy |
Publisher | : Rowman & Littlefield |
Total Pages | : 266 |
Release | : 2004-05-13 |
Genre | : Business & Economics |
ISBN | : 9780815798699 |
Download Integrating China into the Global Economy Book in PDF, ePub and Kindle
China's accession to the World Trade Organization (WTO) has been hailed as the biggest coming-out party in the history of capitalism. Its membership eventually will contribute to higher standards of living for its citizens and increased growth for its economy. But why would the Chinese communist regime voluntarily agree to comply with the many complex rules of the global trading system since it has already become the world's seventh largest trading country while avoiding these constraints by remaining outside the system? The answer to this question forms the basis for this new book. Nicholas Lardy explores the many pressures on the Chinese government, both external and internal, to comply with the standards of the rule-based international trading system. Lardy points out that, prior to entry into the WTO, China enjoyed high growth rates and more foreign direct investment than any other emerging economy. He draws on a wealth of scholarship and experience to explain how China's leadership expects to leverage the increased foreign competition inherent in its WTO commitments to accelerate its domestic economic reform program, leading to the shrinkage and transformation of inefficient, money-losing companies and hastening the development of a commercial credit culture in its banks. Lardy answers a number of other questions about China's new WTO membership, including its effects on bilateral trade with the United States; the possibility that China will use its power to reshape the WTO in the future; the degree to which the terms of China's entry were more or less demanding than those for other new members; the ability of China's economy to successfully open to new imports; and the prospects for new growth in various sectors of China's economy made possible by WTO accession. This book will become an important tool for those who wish to understand China's new role in the global trading system, to take advantage of the new opportunities for investment in China
Author | : Gregory C. Chow |
Publisher | : World Scientific |
Total Pages | : 232 |
Release | : 2012 |
Genre | : Business & Economics |
ISBN | : 9814368792 |
Download China as a Leader of the World Economy Book in PDF, ePub and Kindle
After the 1978 Economic Reform, China's economic development has been on a fast track ever since. Later on, the successful accession into the WTO in 2001 accelerated China's economic transformation and made it more integrated with the world. Today, as the second-largest economy in the world, China has earned herself a leading role on the world stage beyond dispute. This book provides readers with answers to why and how China functions as a leader in the world economy. The book surveys China's economy in four parts economic institutions, economic problems, important economic policies and selective economic analysis, especially including many hot issues like revaluation of the Reminbi, China's high inflation rate and its relations with other emerging markets, etc. These essays are the author's latest research findings from his close and constant observation and research on China's economy in the past 30 years, and have been published in China's newspapers with a large number of readers. Meanwhile, this book is written in a manner that is thorough and objective without being too technical. It could serve as a reference book for professionals as the treatment of many topics is original and illuminating, and as an authoritative guide for general readers who are eager to understand China's economic development better and get an idea of China's economic future.
Author | : John Whalley |
Publisher | : World Scientific |
Total Pages | : 411 |
Release | : 2011-01-03 |
Genre | : Business & Economics |
ISBN | : 9814465003 |
Download China's Integration Into The World Economy Book in PDF, ePub and Kindle
This book discusses China's integration into the world economy, drawing on papers previously written by the editor. It focuses on strong trade growth, FDI inflows, innovation policy (including transfer of technology and intellectual property), the role of saving, and the accumulation of human capital. It also analyzes the quantitative significance of openness in driving China's growth.While other books on China do not focus much on China's integration into the world economy, this book provides technically strong analyses of key contributing factors to China's growth performance. It also highlights innovation and education policies and their significance for the 11th five-year plan which aims to quadruple real income per capita between 2000 and 2020.
Author | : Eswar Prasad |
Publisher | : International Monetary Fund |
Total Pages | : 80 |
Release | : 2004-06-17 |
Genre | : Business & Economics |
ISBN | : |
Download China's Growth and Integration Into the World Economy Book in PDF, ePub and Kindle
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s macroeconomy and economic structure. It also surveys the main policy challenges that will need to be addressed for China to maintain sustained high growth and continued global integration.
Author | : Ross Garnaut |
Publisher | : ANU E Press |
Total Pages | : 500 |
Release | : 2012-12-01 |
Genre | : Political Science |
ISBN | : 192214455X |
Download China Book in PDF, ePub and Kindle
Twenty-five years of reform have transformed China from a centrally planned and closed system to a predominantly market-driven and open economy. As a consequence, China is emerging as the new powerhouse for the world economy. China: new engine for world growth discusses the impact and significance of this transformation. It points out risks to the growth process and unfinished tasks of reform. It presents conclusions from recent research on growth, trade and investment, the financial sector, income and regional disparities, industrial location and private sector development.
Author | : David Dollar |
Publisher | : Brookings Institution Press |
Total Pages | : 444 |
Release | : 2020-06-09 |
Genre | : Political Science |
ISBN | : 0815738064 |
Download China 2049 Book in PDF, ePub and Kindle
How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world.
Author | : Minqi Li |
Publisher | : NYU Press |
Total Pages | : 229 |
Release | : 2008 |
Genre | : Business & Economics |
ISBN | : 158367182X |
Download The Rise of China and the Demise of the Capitalist World Economy Book in PDF, ePub and Kindle
In recent years, China has become a major actor in the global economy, making a remarkable switch from a planned and egalitarian socialism to a simultaneously wide-open and tightly controlled market economy. Against the establishment wisdom, Minqi Li argues in this provocative and startling book that far from strengthening capitalism, China’s full integration into the world capitalist system will, in fact and in the not too distant future, bring about its demise. The author tells us that historically the spread and growth of capitalist economies has required low wages, taxation, and environmental costs, as well as a hegemonic nation to prevent international competition from eroding these requirements. With the decline of the economic power of the United States, its current hegemonic role will deteriorate and the unprecedented growth of China will so erode the foundations of capital accumulation—by pushing wages and environmental costs up, for example—that the entire capitalist system will be shaken to its core. This is essential reading for those who still believe that there is no alternative.
Author | : Yongzheng Yang |
Publisher | : International Monetary Fund |
Total Pages | : 31 |
Release | : 2003-12-01 |
Genre | : Business & Economics |
ISBN | : 145187586X |
Download China'S Integration Into the World Economy Book in PDF, ePub and Kindle
Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did and began to integrate rapidly with the world economy. With the country’s recent accession to the World Trade Organization (WTO), many of its trading partners are increasingly concerned that China’s competition in the world goods and capital markets may adversely affect their own growth prospects. This paper examines the implications of China’s WTO accession for other developing countries in the context of the country’s long-term process of growth and opening up. The paper argues that China’s integration into the world economy will inevitably impose adjustment costs on its trading partners in the short-to-medium term, but the benefits it generates are likely to dominate in the long run.
Author | : Peter Nolan |
Publisher | : Palgrave MacMillan |
Total Pages | : 264 |
Release | : 2001-05-10 |
Genre | : Business & Economics |
ISBN | : |
Download China and the Global Economy Book in PDF, ePub and Kindle
This text tells the story of China's emergence as a major economic power and the impact this will have on world business. It is an executive summary of the opportunities for business in one of the largest markets in the world.