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| Author | : Yin-Wong Cheung |
| Publisher | : MIT Press |
| Total Pages | : 473 |
| Release | : 2013 |
| Genre | : Business & Economics |
| ISBN | : 0262018233 |
Download The Evolving Role of China in the Global Economy Book in PDF, ePub and Kindle
China is now the world's second largest economy and may soon overtake the United States as the world's largest. This book offers a systematic analysis of four factors in China's rapid economic growth: exchange rate policy, savings and investment, monetary policy and capital controls, and foreign direct investment.
| Author | : Tarun Chhabra |
| Publisher | : Brookings Institution Press |
| Total Pages | : 430 |
| Release | : 2021-06-22 |
| Genre | : Political Science |
| ISBN | : 0815739176 |
Download Global China Book in PDF, ePub and Kindle
The global implications of China's rise as a global actor In 2005, a senior official in the George W. Bush administration expressed the hope that China would emerge as a “responsible stakeholder” on the world stage. A dozen years later, the Trump administration dramatically shifted course, instead calling China a “strategic competitor” whose actions routinely threaten U.S. interests. Both assessments reflected an underlying truth: China is no longer just a “rising” power. It has emerged as a truly global actor, both economically and militarily. Every day its actions affect nearly every region and every major issue, from climate change to trade, from conflict in troubled lands to competition over rules that will govern the uses of emerging technologies. To better address the implications of China's new status, both for American policy and for the broader international order, Brookings scholars conducted research over the past two years, culminating in a project: Global China: Assessing China's Growing Role in the World. The project is intended to furnish policy makers and the public with hard facts and deep insights for understanding China's regional and global ambitions. The initiative draws not only on Brookings's deep bench of China and East Asia experts, but also on the tremendous breadth of the institution's security, strategy, regional studies, technological, and economic development experts. Areas of focus include the evolution of China's domestic institutions; great power relations; the emergence of critical technologies; Asian security; China's influence in key regions beyond Asia; and China's impact on global governance and norms. Global China: Assessing China's Growing Role in the World provides the most current, broad-scope, and fact-based assessment of the implications of China's rise for the United States and the rest of the world.
| 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 | : Huiyao Wang |
| Publisher | : Springer Nature |
| Total Pages | : 216 |
| Release | : 2022-08-02 |
| Genre | : Political Science |
| ISBN | : 981169253X |
Download The Ebb and Flow of Globalization Book in PDF, ePub and Kindle
Globalization is an irresistible force. Given the high stakes at hand – for stability, continued growth, and the future of our planet – it is more important than ever that China gain a deeper understanding of the rest of the world, and that the rest of the world also comes to a clearer understanding of China. This book focuses on globalization and China’s evolving role in the world, offering unique perspectives on a remarkable period, which saw the global landscape reshaped by China’s continued rise, intensifying great power competition, and a deadly pandemic. The essays center on three interconnected themes – China’s remarkable development under the Reform and Opening-up policy, China’s deepening integration into the global economy and rise in a multipolar world, and the quest to reinvigorate global governance and multilateralism to address the pressing global challenges of the 21st century. These insights are useful for academics, policymakers, students, and anyone trying to deepen their understanding of China’s development and role in making globalization work for our multipolar world.
| Author | : Yutao Sun |
| Publisher | : Routledge |
| Total Pages | : 166 |
| Release | : 2017-12-15 |
| Genre | : Business & Economics |
| ISBN | : 1351972987 |
Download China and Global Value Chains Book in PDF, ePub and Kindle
President Trump has raised the intriguing question of bringing the manufacturing of companies like Apple back from China to the U.S. This book, however, argues that in this age of the knowledge-based economy and increased globalization, that value creation and distribution based on knowledge and innovation activities are at the core of economic development. The double-edged sword of globalization has transformed China’s economic development in the past few decades. Although China has benefitted from globalization and is now the second largest economy in the world, having become a global manufacturing power and the biggest exporter of high-tech products, it continues to be highly dependent on foreign sources of capital and technology. This book will explore the core of the Chinese economy from the perspective of the Global Value Chain (GVC), combining analysis of inward investment, international trade, Science and Technology and Innovation (S&TI) and economic development. Specifically, it investigates China’s evolving role in GVCs with some innovative Chinese companies emerging in the global market and China’s ongoing efforts to become an innovation-driven economy. China’s impressive economic record and experience provides an impressive role model for other developing countries.
| Author | : Ka Zeng |
| Publisher | : Routledge |
| Total Pages | : 332 |
| Release | : 2013-12-13 |
| Genre | : Political Science |
| ISBN | : 1136161821 |
Download China and Global Trade Governance Book in PDF, ePub and Kindle
China's historic accession to the World Trade Organization (WTO) in November 2001 not only represents an important milestone in the country’s transition to a market economy and integration into the global economy, but is also among the most important events in the history of the WTO and the multilateral trading system. China and Global Trade Governance: China's First Decade in the World Trade Organization provides us with some fresh empirical data to assess the country’s behaviour in the liberal international economic regime. Such an assessment is both timely and necessary as it can help us better understand China’s role in the evolving structure of global economic governance, in addition to shedding light on the broader debate about the implications of the rise of China for the international system. Through a thorough examination of China’s WTO compliance record and its experience in multilateral trade negotiations, this book seeks to better understand the sources of constraints on China’s behaviour in the multilateral trade institution as well as the country’s influence on the efficacy of the World Trade Organization. In doing so, this project speaks directly to the following questions raised by China’s unprecedented ascent in the international system: Is China a rule maker, rule follower, or rule breaker in international regimes? Is Beijing a responsible stakeholder capable of making positive contributions to global trade governance in the long-term?
| Author | : Xiaoming Huang |
| Publisher | : Routledge |
| Total Pages | : 258 |
| Release | : 2013-03-20 |
| Genre | : Social Science |
| ISBN | : 1136756396 |
Download China and the International System Book in PDF, ePub and Kindle
This book considers the evolving relationship between China and the international system, and the interaction between a China of profound change in its identity, capability, and influence, and an international system that is itself experiencing a process of far-reaching transformation. It develops an analytical framework that allows us to capture, understand and explain a more dynamic pattern of agent-structure interaction in China’s relationship with the international system. By demonstrating a more dynamic and mutually constitutive relationship between China and the international system, the book explores the extent to which both transform themselves in the process, and provides a fuller and more effective assessment of the evolving nature of the relationship. In doing so, it addresses key issues in the current literature on the relationship of China and the international system, and helps close the gap in our knowledge of the conditions and consequences of change and stability in the international system as a result of the change in distributions of power, capability and influence among nation-states.
| Author | : Roselyn Hsueh |
| Publisher | : Cornell University Press |
| Total Pages | : 321 |
| Release | : 2011-10-15 |
| Genre | : Political Science |
| ISBN | : 0801462851 |
Download China's Regulatory State Book in PDF, ePub and Kindle
Today's China is governed by a new economic model that marks a radical break from the Mao and Deng eras; it departs fundamentally from both the East Asian developmental state and its own Communist past. It has not, however, adopted a liberal economic model. China has retained elements of statist control even though it has liberalized foreign direct investment more than any other developing country in recent years. This mode of global economic integration reveals much about China’s state capacity and development strategy, which is based on retaining government control over critical sectors while meeting commitments made to the World Trade Organization. In China's Regulatory State, Roselyn Hsueh demonstrates that China only appears to be a more liberal state; even as it introduces competition and devolves economic decisionmaking, the state has selectively imposed new regulations at the sectoral level, asserting and even tightening control over industry and market development, to achieve state goals. By investigating in depth how China implemented its economic policies between 1978 and 2010, Hsueh gives the most complete picture yet of China's regulatory state, particularly as it has shaped the telecommunications and textiles industries. Hsueh contends that a logic of strategic value explains how the state, with its different levels of authority and maze of bureaucracies, interacts with new economic stakeholders to enhance its control in certain economic sectors while relinquishing control in others. Sectoral characteristics determine policy specifics although the organization of institutions and boom-bust cycles influence how the state reformulates old rules and creates new ones to maximize benefits and minimize costs after an initial phase of liberalization. This pathbreaking analysis of state goals, government-business relations, and methods of governance across industries in China also considers Japan’s, South Korea’s, and Taiwan’s manifestly different approaches to globalization.
| Author | : Ka Zeng |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 480 |
| Release | : 2020-09-25 |
| Genre | : |
| ISBN | : 9781800375246 |
Download Handbook on the International Political Economy of China Book in PDF, ePub and Kindle
Examining the processes, evolution and consequences of China's rapid integration into the global economy, this Handbook highlights how China's role is ever increasing in prominence. The systematic structure offers an overview of the scope of China's global economic activities, with leading international scholars evaluating key theoretical debates and providing comprehensive coverage on all areas of international political economy. Chapters explore the behaviour, interests and motivations underlying China's international economic initiatives. The influence of both domestic and international politics is also discussed in terms of the country's global economic footprint. Through analyses of international economic engagements in areas such as trade, investment, finance, sustainable development and global economic governance, chapters give their assessment on the IPE of China and reveal how China's role on the political and economic stage is evolving. A much-needed reference for students and scholars of Chinese foreign policy, IPE and Asian studies, this Handbook enriches our understanding of the domestic and international contexts of China's global economic trajectory.
| 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
