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Achieving Inclusive Growth In China Through Vertical Specialization
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Book Synopsis Achieving Inclusive Growth in China Through Vertical Specialization by : Wei Wang
Download or read book Achieving Inclusive Growth in China Through Vertical Specialization written by Wei Wang and published by Chandos Publishing. This book was released on 2016-03-17 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vertical Specialization and Inclusive Growth in China discusses the two interrelated developments that have transformed the Chinese economy in recent years. First, the global community has increased calls to foster inclusive economic growth, with China embracing this trend. Second, the explosive growth in China’s trade resulting from international vertical specialization production and trade networks which has complicated the notion of inclusive growth in the Chinese context. This book assesses these two trends quantitatively, giving evidence of the link between vertical specialization and inclusive growth, and then decomposing the inclusive growth effects of vertically specialized trade into six components: GDP growth, export growth, FDI, environment, employment, and innovation. It further explores the differing impact of conventional trade and processing trade on inclusive growth, providing direction for future policy. This second book by the author to consider vertical specialization stresses the importance of integration in driving inclusive growth. Argues that inclusive growth and vertical specialization analyses must be performed together Gives quantitative evidence for the link between vertical specialization and inclusive growth in China Investigates the different impact of conventional trade and processing trade on transition to inclusive growth in China, using comparative analysis techniques Offers insight on forming future policy in China to increase inclusive growth
Book Synopsis China's Growth and Integration Into the World Economy by : Eswar Prasad
Download or read book China's Growth and Integration Into the World Economy written by Eswar Prasad and published by International Monetary Fund. This book was released on 2004-06-17 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Making of an Economic Superpower by : Yi Wen
Download or read book The Making of an Economic Superpower written by Yi Wen and published by World Scientific. This book was released on 2016-05-13 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current "backward" financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream "blackboard" economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself. Contents: IntroductionKey Steps Taken by China to Set Off an Industrial RevolutionShedding Light on the Nature and Cause of the Industrial RevolutionWhy is China's Rise Unstoppable?Wha's Wrong with the Washington Consensus and the Institutional Theories?Case Study of Yong Lian: A Poor Village's Path to Becoming a Modern Steel TownConclusion: A New Stage Theory of Economic Development Readership: Academics, undergraduate and graduates students, journalists and professionals interested in economic development, the history of the Industrial Revolution, and especially China's economic transformation and industrial growth, as well as the political economy of governance.
Book Synopsis Proceedings of IAC 2023 in Budapest by : Group of Authors
Download or read book Proceedings of IAC 2023 in Budapest written by Group of Authors and published by Czech Institute of Academic Education. This book was released on 2023-04-13 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Academic Conferences: - Teaching, Learning and E-learning (IAC-TLEl) - Management, Economics and Marketing (IAC-MEM) - Transport, Logistics, Tourism and Sport Science (IAC-TLTS)
Book Synopsis Construction Analytics by : Mohsen Shahandashti
Download or read book Construction Analytics written by Mohsen Shahandashti and published by Springer Nature. This book was released on 2023-04-24 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text covers R program coding for the implementation of two essential data analytics for practical construction problems. The first part of this book explains time series basics, models, and forecasting approaches in the context of the construction industry, accompanied by practical examples in construction. The second part describes the concept of investment valuation for construction projects and provides both deterministic and probabilistic techniques to conduct investment valuation on construction projects. R code scripts are provided in this book for solving practical problems in the construction industry. This book is also equipped with an R Package entitled “cdar” to provide the necessary functions for performing investment valuation. The book maximizes students’ understanding of the necessary theoretical background of data analytics, and explains the implementation of data analytics techniques to solve the actual problems in the construction industry.
Book Synopsis Fair and Inclusive Markets: Why Dynamism Matters by : Philippe Aghion
Download or read book Fair and Inclusive Markets: Why Dynamism Matters written by Philippe Aghion and published by International Monetary Fund. This book was released on 2021-02-05 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: We show empirical evidence that there may not be a tradeoff between market income inequality and high sustained growth, which is key for poverty alleviation. We argue that the economies that achieved high sustained growth and low market income inequality are characterized by dynamism—a drive toward sophisticated export industries, innovation, and creative destruction and a high level of competition. What a country produces and how much it competes domestically and internationally are important for achieving fair and inclusive markets. We explore policy options to steer industrial and market structures toward providing growth opportunities for both workers and firms.
Book Synopsis Artificial Intelligence and Advanced Analytics for Food Security by : Chandrasekar Vuppalapati
Download or read book Artificial Intelligence and Advanced Analytics for Food Security written by Chandrasekar Vuppalapati and published by CRC Press. This book was released on 2023-07-17 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change, increasing population, food-versus-fuel economics, pandemics, etc. pose a threat to food security to unprecedented levels. It has fallen upon the practitioners of agriculture and technologists of the world to innovate and become more productive to address the multi-pronged food security challenges. Agricultural innovation is key to managing food security concerns. The infusion of data science, artificial intelligence (AI), advanced analytics, satellites data, geospatial data, climatology, sensor technologies, and climate modeling with traditional agricultural practices such as soil engineering, fertilizers use, and agronomy are some of the best ways to achieve this. Data science helps farmers to unravel patterns in fertilizer pricing, equipment usage, transportation and storage costs, yield per hectare, and weather trends to better plan and spend resources. AI enables farmers to learn from fellow farmers to apply best techniques that are transferred learning from AI to improve agricultural productivity and to achieve financial sustainability. Sensor technologies play an important role in getting real-time farm field data and provide feedback loops to improve overall agricultural practices and can yield huge productivity gains. Advanced Analytics modeling is essential software technique that codifies farmers’ tacit knowledge such as better seed per soil, better feed for dairy cattle breed, or production practices to match weather pattern that was acquired over years of their hard work to share with worldwide farmers to improve overall production efficiencies, the best antidote to food security issue. In addition to the paradigm shift, economic sustainability of small farms is a major enabler of food security. The book reviews all these technological advances and proposes macroeconomic pricing models that data mines macroeconomic signals and the influence of global economic trends on small farm sustainability to provide actionable insights to farmers to avert any financial disasters due to recurrent economic crises.
Book Synopsis New Approaches to CSR, Sustainability and Accountability, Volume V by : Kıymet Tunca Çalıyurt
Download or read book New Approaches to CSR, Sustainability and Accountability, Volume V written by Kıymet Tunca Çalıyurt and published by Springer Nature. This book was released on with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Quality of Growth and Poverty Reduction in China by : Xiaolin Wang
Download or read book The Quality of Growth and Poverty Reduction in China written by Xiaolin Wang and published by Springer. This book was released on 2014-05-14 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid growth over the past three decades has been instrumental in lifting over 600 million people in China out of poverty, and people want to know why and how it happened. International evidence has made it clear that a global economy based on current patterns of consumption and production is simply not sustainable. Policymakers have repeatedly been advised that economic growth, poverty reduction, equity, and environment and resource sustainability must be integrated into national development strategies. What about China? The principle limitation of existing China-focused economic studies lies in its imbalances from the perspective of analysis and the impact of growth on poverty and inequality. A limited number of studies are devoted to structural transformation and China’s structural imbalances, social disparities and the impact of science and technology on growth and productivity. This book addresses the alarming environmental consequences of China’s growth patterns within an overall quality growth framework. It contributes to the economic growth and development literature and current policy discourse on China by expanding the policy analysis to include several important new areas using the most recent data available. This includes analyzing the macroeconomic factors that underlie the need for China to advance its economic transformation; examining how social inequalities, including health, education and gender, have evolved and presenting the scale of environmental problems associated with China’s growth miracle. This report represents the first attempt to integrate the issue of environmental sustainability and climate change into the quality growth context, providing readers with a comprehensive account of China’s success and challenges in its three decades of rapid economic growth.
Download or read book Urban China written by World Bank and published by World Bank Publications. This book was released on 2014-07-29 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last 30 years, China’s record economic growth lifted half a billion people out of poverty, with rapid urbanization providing abundant labor, cheap land, and good infrastructure. While China has avoided some of the common ills of urbanization, strains are showing as inefficient land development leads to urban sprawl and ghost towns, pollution threatens people’s health, and farmland and water resources are becoming scarce. With China’s urban population projected to rise to about one billion – or close to 70 percent of the country’s population – by 2030, China’s leaders are seeking a more coordinated urbanization process. Urban China is a joint research report by a team from the World Bank and the Development Research Center of China’s State Council which was established to address the challenges and opportunities of urbanization in China and to help China forge a new model of urbanization. The report takes as its point of departure the conviction that China's urbanization can become more efficient, inclusive, and sustainable. However, it stresses that achieving this vision will require strong support from both government and the markets for policy reforms in a number of area. The report proposes six main areas for reform: first, amending land management institutions to foster more efficient land use, denser cities, modernized agriculture, and more equitable wealth distribution; second, adjusting the hukou household registration system to increase labor mobility and provide urban migrant workers equal access to a common standard of public services; third, placing urban finances on a more sustainable footing while fostering financial discipline among local governments; fourth, improving urban planning to enhance connectivity and encourage scale and agglomeration economies; fifth, reducing environmental pressures through more efficient resource management; and sixth, improving governance at the local level.
Book Synopsis World Development Report 2020 by : World Bank
Download or read book World Development Report 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-19 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.
Book Synopsis World Development Report 2019 by : World Bank
Download or read book World Development Report 2019 written by World Bank and published by World Bank Publications. This book was released on 2018-10-31 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report will study how the nature of work is changing as a result of advances in technology today. Technological progress disrupts existing systems. A new social contract is needed to smooth the transition and guard against rising inequality. Significant investments in human capital throughout a person’s lifecycle are vital to this effort. If workers are to stay competitive against machines they need to train or retool existing skills. A social protection system that includes a minimum basic level of protection for workers and citizens can complement new forms of employment. Improved private sector policies to encourage startup activity and competition can help countries compete in the digital age. Governments also need to ensure that firms pay their fair share of taxes, in part to fund this new social contract. The 2019 World Development Report presents an analysis of these issues based upon the available evidence.
Book Synopsis Azerbaijan: Moving Toward More Diversified, Resilient, and Inclusive Development by : Aimee Hampel-Milagrosa
Download or read book Azerbaijan: Moving Toward More Diversified, Resilient, and Inclusive Development written by Aimee Hampel-Milagrosa and published by Asian Development Bank. This book was released on 2020-08-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Azerbaijan has set the course for the economy to reduce its dependence on oil by promoting new drivers of growth. By 2025, under the government’s Strategic Roads Maps, a more diversified economy should take shape led by three sectors: agriculture, tourism, and manufacturing. Bold reforms need to strengthen areas of the economy that could otherwise impede this transition, and policy makers must resolutely stay on the reform path. The core message of this publication is diversification toward non-oil sources of growth alongside efforts to reduce macroeconomic risks and the high cost of finance, make the education system responsive to the needs of the labor market, close infrastructure gaps, and help economically significant state-owned enterprises become more efficient.
Book Synopsis ASEAN, PRC, and India by : Asian Development Bank
Download or read book ASEAN, PRC, and India written by Asian Development Bank and published by . This book was released on 2014 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asia's remarkable economic performance and transformation since the 1960s has shifted the center of global economic activity toward Asia, in particular toward the Association of Southeast Asian Nations (ASEAN) economies, the People's Republic of China, and India (collectively known as ACI). While these dynamic developing economies do not form any specific institutional group, they constitute very large economies and markets. These emerging Asian giants share common boundaries, opportunities, and challenges. Their trade, investment, production, and infrastructure already are significantly integrated and will become more so in the coming decades. This book focuses on the prospects and challenges for growth and transformation of the region's major and rapidly growing emerging economies to 2030. It examines the drivers of growth and development in the ACI economies and the factors that will affect the quality of development. It also explores the links among the ACI economies and how their links may shape regional and global competition and cooperation.
Book Synopsis Structural change, fundamentals, and growth : a framework and case studies by : McMillan, Margaret
Download or read book Structural change, fundamentals, and growth : a framework and case studies written by McMillan, Margaret and published by Intl Food Policy Res Inst. This book was released on 2017-05-11 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Resurging Asian Giants by : Klaus Gerhaeusser
Download or read book Resurging Asian Giants written by Klaus Gerhaeusser and published by Asian Development Bank. This book was released on 2010-07-01 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economies of the People's Republic of China and India have seen dramatic growth in recent years. As their respective successes continue to reshape the world's economic landscape, noted Chinese and Indian scholars have studied the two countries' development paths, in particular their rich and diverse experiences in such areas as education, information technology, local entrepreneurship, capital markets, macroeconomic management, foreign direct investment, and state-owned enterprise reforms. Drawing on these studies, ADB has produced a timely collection of lessons learned that serves as a valuable refresher on the challenges and opportunities ahead for developing economies, especially those in Asia and the Pacific.
Download or read book Making It Big written by Andrea Ciani and published by World Bank Publications. This book was released on 2020-10-08 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.
