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Alternative Approaches To The Monetary Unification Of Hong Kong And Mainland China
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Book Synopsis Alternative Approaches to the Monetary Unification of Hong Kong and Mainland China by : Jianjun Wei
Download or read book Alternative Approaches to the Monetary Unification of Hong Kong and Mainland China written by Jianjun Wei and published by . This book was released on 2004 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Learning from SARS by : Institute of Medicine
Download or read book Learning from SARS written by Institute of Medicine and published by National Academies Press. This book was released on 2004-04-26 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence of severe acute respiratory syndrome (SARS) in late 2002 and 2003 challenged the global public health community to confront a novel epidemic that spread rapidly from its origins in southern China until it had reached more than 25 other countries within a matter of months. In addition to the number of patients infected with the SARS virus, the disease had profound economic and political repercussions in many of the affected regions. Recent reports of isolated new SARS cases and a fear that the disease could reemerge and spread have put public health officials on high alert for any indications of possible new outbreaks. This report examines the response to SARS by public health systems in individual countries, the biology of the SARS coronavirus and related coronaviruses in animals, the economic and political fallout of the SARS epidemic, quarantine law and other public health measures that apply to combating infectious diseases, and the role of international organizations and scientific cooperation in halting the spread of SARS. The report provides an illuminating survey of findings from the epidemic, along with an assessment of what might be needed in order to contain any future outbreaks of SARS or other emerging infections.
Book Synopsis Economic Statecraft by : David A. Baldwin
Download or read book Economic Statecraft written by David A. Baldwin and published by Princeton University Press. This book was released on 2020-09-22 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction -- Techniques of statecraft -- What is economic statecraft? -- Thinking about economic statecraft -- Economic statecraft in international thought -- Bargaining with economic statecraft -- National power and economic statecraft -- "Classic cases" reconsidered -- Foreign trade -- Foreign aid -- The legality and morality of economic statecraft -- Conclusion -- Afterword : economic statecraft : continuity and change / Ethan B. Kapstein.
Book Synopsis The Uses and Abuses of Weaponized Interdependence by : Daniel W. Drezner
Download or read book The Uses and Abuses of Weaponized Interdependence written by Daniel W. Drezner and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: How globalized information networks can be used for strategic advantage Until recently, globalization was viewed, on balance, as an inherently good thing that would benefit people and societies nearly everywhere. Now there is growing concern that some countries will use their position in globalized networks to gain undue influence over other societies through their dominance of information and financial networks, a concept known as "weaponized interdependence." In exploring the conditions under which China, Russia, and the United States might be expected to weaponize control of information and manipulate the global economy, the contributors to this volume challenge scholars and practitioners to think differently about foreign economic policy, national security, and statecraft for the twenty-first century. The book addresses such questions as: What areas of the global economy are most vulnerable to unilateral control of information and financial networks? How sustainable is the use of weaponized interdependence? What are the possible responses from targeted actors? And how sustainable is the open global economy if weaponized interdependence becomes a default tool for managing international relations?
Book Synopsis The Chinese Approach to Capital Inflows by : Mr.Eswar Prasad
Download or read book The Chinese Approach to Capital Inflows written by Mr.Eswar Prasad and published by International Monetary Fund. This book was released on 2005-04-01 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we adopt a cross-country perspective to examine the evolution of capital flows into China, both in terms of volumes and composition. China's inflows have generally been dominated by foreign direct investment (FDI), a pattern that appears to be favorable in light of the recent literature on the experiences of developing countries with financial globalization. We provide a detailed documentation of the evolution of China's capital controls, a proximate determinant of the pattern of capital inflows. We also discuss a number of other intriguing hypotheses that attempt to capture the "deeper" causes underlying China's approach to capital flows. In particular, we argue that some popular mercantilist-type arguments are inconsistent with the facts. We also analyze the recent rapid rise of China's international reserves and discuss its implications. Contrary to some popular perceptions, the dramatic surge in foreign exchange reserves since 2001 is mainly attributable to non-FDI capital inflows, rather than current account surpluses or FDI.
Download or read book The Long Game written by Rush Doshi and published by Oxford University Press. This book was released on 2021-06-11 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: For more than a century, no US adversary or coalition of adversaries - not Nazi Germany, Imperial Japan, or the Soviet Union - has ever reached sixty percent of US GDP. China is the sole exception, and it is fast emerging into a global superpower that could rival, if not eclipse, the United States. What does China want, does it have a grand strategy to achieve it, and what should the United States do about it? In The Long Game, Rush Doshi draws from a rich base of Chinese primary sources, including decades worth of party documents, leaked materials, memoirs by party leaders, and a careful analysis of China's conduct to provide a history of China's grand strategy since the end of the Cold War. Taking readers behind the Party's closed doors, he uncovers Beijing's long, methodical game to displace America from its hegemonic position in both the East Asia regional and global orders through three sequential "strategies of displacement." Beginning in the 1980s, China focused for two decades on "hiding capabilities and biding time." After the 2008 Global Financial Crisis, it became more assertive regionally, following a policy of "actively accomplishing something." Finally, in the aftermath populist elections of 2016, China shifted to an even more aggressive strategy for undermining US hegemony, adopting the phrase "great changes unseen in century." After charting how China's long game has evolved, Doshi offers a comprehensive yet asymmetric plan for an effective US response. Ironically, his proposed approach takes a page from Beijing's own strategic playbook to undermine China's ambitions and strengthen American order without competing dollar-for-dollar, ship-for-ship, or loan-for-loan.
Book Synopsis Asia, America, and the Transformation of Geopolitics by : William H. Overholt
Download or read book Asia, America, and the Transformation of Geopolitics written by William H. Overholt and published by Cambridge University Press. This book was released on 2007-11-05 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: American security and prosperity now depend on Asia. William H. Overholt offers an iconoclastic analysis of developments in each major Asian country, Asian international relations, and US foreign policy. Drawing on decades of political and business experience, he argues that obsolete Cold War attitudes tie the US increasingly to an otherwise isolated Japan and obscure the reality that a US-Chinese bicondominium now manages most Asian issues. Military priorities risk polarizing the region unnecessarily, weaken the economic relationships that engendered American preeminence, and ironically enhance Chinese influence. As a result, US influence in Asia is declining. Overholt disputes the argument that democracy promotion will lead to superior development and peace, and forecasts a new era in which Asian geopolitics could take a drastically different shape. Covering Japan, China, Russia, Central Asia, India, Pakistan, Korea, and South-East Asia, Overholt offers invaluable insights for scholars, policy-makers, business people, and general readers.
Book Synopsis China's Crisis of Success by : William H. Overholt
Download or read book China's Crisis of Success written by William H. Overholt and published by Cambridge University Press. This book was released on 2018-01-11 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's Crisis of Success provides new perspectives on China's rise to superpower status, showing that China has reached a threshold where success has eliminated the conditions that enabled miraculous growth. Continued success requires re-invention of its economy and politics. The old economic strategy based on exports and infrastructure now piles up debt without producing sustainable economic growth, and Chinese society now resists the disruptive change that enabled earlier reforms. While China's leadership has produced a strategy for successful economic transition, it is struggling to manage the politics of implementing that strategy. After analysing the economics of growth, William H. Overholt explores critical social issues of the transition, notably inequality, corruption, environmental degradation, and globalisation. He argues that Xi Jinping is pursuing the riskiest political strategy of any important national leader. Alternative outcomes include continued impressive growth and political stability, Japanese-style stagnation, and a major political-economic crisis.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1498344011 Total Pages :100 pages Book Rating :4.4/5 (983 download)
Book Synopsis Review of the Method of Valuation of the SDR by : International Monetary Fund
Download or read book Review of the Method of Valuation of the SDR written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-11-13 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides the basis for the quinquennial review of the method of valuation of the Special Drawing Right (SDR). The review considers the composition, size, and weighting of the SDR currency basket and the financial instruments used to determine the SDR interest rate. The analysis in this paper is guided by the informal discussion of Executive Directors in July on initial considerations for the review. In light of Directors’ preference, the two currency selection criteria for SDR inclusion are maintained. Since China continues to meet the export criterion, a key focus of this paper is on assessing whether the renminbi (RMB) could be determined to be a freely usable currency, which is the second criterion. The paper documents the rising international use and trading of the RMB since the 2010 SDR valuation review. A range of indicators suggests that use of the RMB in international transactions has risen substantially, albeit from a low base. The paper also finds that the RMB has become far more actively traded in foreign exchange markets, with sufficient depth to support operations of the size Fund members might undertake without an appreciable change in the exchange rate. Full Text also available in Chinese.
Book Synopsis China’s Grand Strategy by : Andrew Scobell
Download or read book China’s Grand Strategy written by Andrew Scobell and published by Rand Corporation. This book was released on 2020-07-27 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades.
Book Synopsis Renminbi Rising by : William H. Overholt
Download or read book Renminbi Rising written by William H. Overholt and published by John Wiley & Sons. This book was released on 2016-02-16 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Critical analysis of RMB internationalization and the coming global currency shift Renminbi Rising charts the emergence of China's internationalizing currency and provides an in-depth analysis of the global repercussions. Written by a team of renown economics researchers, this book describes the pressures that enabled the emergence of a new global monetary system and why China's Renminbi (RMB) became the default 'second in line' as the U.S. receded from leadership. Policy makers and regulators will appreciate the examination of the motivations behind those driving the shift, and financial professionals will find valuable guidance in the discussion surrounding business opportunities that the RMB brings to the table. Coverage includes the emergence of new Chinese-sponsored financial institutions, the scale of various RMB businesses and the coming transformation of the global financial system. Effective management of international monetary affairs has never been more fundamental to the global economic recovery. The rapid emergence of China's RMB is a transformative event of global significance, and this book provides the context you need to understand the depth and breadth of changes on the horizon. Understand why a new global monetary system is needed Consider the outcomes as China emerges and the U.S. recedes Learn the context and motivations behind principal players' strategies Discover the scale of opportunities presented by the rise of the RMB It is essential for finance professionals and economic policy makers to understand the drivers, progress and likely trajectory of the RMB internationalization and to fully grasp the implications for the global financial system, international business and supporting financial products and services. Renminbi Rising offers detailed analysis of the key opportunities and threats inherent in this major economic shift.
Book Synopsis Sustaining Global Growth and Development by : Michele Fratianni
Download or read book Sustaining Global Growth and Development written by Michele Fratianni and published by Routledge. This book was released on 2016-04-01 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustaining Global Growth and Development focuses on the new challenges for sustaining growth in the twenty-first century and the role of the G7 and IMF in meeting these challenges amidst the new processes of regionalism now emerging. The volume has three central purposes: · to assess how and how well the G7 has addressed its core 2002 agenda of sustaining global growth, reducing poverty in Africa, and combating terrorism and its financing · to examine how the IMF has approached these issues, and related work of the G7 · to explore how the G7, IMF and other international institutions are addressing global growth and development challenges in the context of the new processes of regionalism. Pressures such as currency consolidation in Asia and economic union in Africa are studied. This book builds on previous volumes in the series with a heavy focus on the World Bank, the regional development banks and the many other international institutions that work in the field of development.
Book Synopsis The Challenge of Hong Kong's Reintegration with China by : Ming K. Chan
Download or read book The Challenge of Hong Kong's Reintegration with China written by Ming K. Chan and published by Hong Kong University Press. This book was released on 1997-07-01 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: The seven essays in this volume address some of the critical issues underlining the process of Hong Kong's reintegration with China. In reviewing the drastic changes in Hong Kong since the mid-1980s, the authors provide multi-disciplinary perspectives to articulate the major institutions and forces that shape the interaction between Beijing and Hong Kong and help to define the challenges ahead.
Book Synopsis The Evolution of Regionalism in Asia by : Heribert Dieter
Download or read book The Evolution of Regionalism in Asia written by Heribert Dieter and published by Routledge. This book was released on 2007-12-10 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume looks at regional integration processes in Asia. Whilst integration in the region, defined as Southeast and East Asia, is not a new process, it has gained momentum in recent years. Two developments have acted as catalysts for integration, first at the economic level the Asian crisis of 1997 has been the watershed for most countries in the region. Ever since, there have been continuing search processes for sovereignty-enhancing types of economic policies, and the region is one location where policy-makers look for new avenues to strengthen the position of their countries. The second major development is the continuing rise of China in the region. Today, China is not only the manufacturing powerhouse of the region, but it increasingly functions as a "benign hegemon" in Asia. Integration processes in Asia take place at several levels; in trade, finance and security affairs. This book analyses these dimensions of integration and sheds light on the prospects for successful integration. It investigates the puzzling, sometimes contracting trends of co-operation and integration in Asia. The contributors to this volume look at a theme that is of growing importance to the discipline of political science as much as it is relevant for policy makers. By combing the analysis of the three dimensions of integration, The Evolution of Regionalism in Asia enables readers to gain a broad understanding of the theory and practice of the integration processes.
Download or read book Journal of Economic Literature written by and published by . This book was released on 2004 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Why Complementarity Matters for Stability—Hong Kong SAR and Singapore as Asian Financial Centers by : Mrs.Vanessa Le Lesle
Download or read book Why Complementarity Matters for Stability—Hong Kong SAR and Singapore as Asian Financial Centers written by Mrs.Vanessa Le Lesle and published by International Monetary Fund. This book was released on 2014-07-08 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is much speculation regarding a “race for dominance” among financial centers in Asia, arising from the anticipated financial opening up of China. This frame of reference is, to an extent, a predilection that results from a traditional understanding of financial centers as possessing historical, geographic, and scale economy advantages. This paper, however, suggests that there is an alternative prism through which the evolution of financial centers in Asia needs to be viewed. It underscores the importance of “complementarity” rather than “dominance” to better serve regional and global financial stability. We posit that such complementarity is vital, through network analysis of the roles of Hong Kong SAR and Singapore as the current leading financial centers in the region. This analysis suggests that a competition for dominance can result in de-stabilizing levels of interconnectivity that render the global “network” as a whole more susceptible to rapid propagation of shocks. We then examine the regulatory and policy challenges that may be encountered in furthering such complementary coexistence.
Book Synopsis Routledge Handbook of Contemporary Hong Kong by : Tai-lok Lui
Download or read book Routledge Handbook of Contemporary Hong Kong written by Tai-lok Lui and published by Routledge. This book was released on 2018-07-17 with total page 638 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Britain and China negotiated the future of Hong Kong in the early 1980s, their primary concern was about maintaining the status quo. The rise of China in the last thirty years, however, has reshaped the Beijing-Hong Kong dynamic as new tensions and divisions have emerged. Thus, post-1997 Hong Kong is a case about a global city’s democratic transition within an authoritarian state. The Routledge Handbook of Contemporary Hong Kong introduces readers to these key social, economic, and political developments. Bringing together the work of leading researchers in the field, it focuses on the process of transition from a British colony to a Special Administrative Region under China’s sovereign rule. Organized thematically, the sections covered include: ‘One Country, Two Systems’ in practice Governance in post-colonial Hong Kong Social mobilization The changing social fabric of Hong Kong society Socio-economic development and regional integration The future of Hong Kong. This book provides a thorough introduction to Hong Kong today. As such, it will be invaluable to students and scholars of Hong Kong’s politics, culture and society. It will also be of interest to those studying Chinese political development and the impact of China’s rise more generally.