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Asian Economic Cooperation In The New Millennium Chinas Economic Presence
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Book Synopsis Asian Economic Cooperation In The New Millennium: China's Economic Presence by : Christopher M Edmonds
Download or read book Asian Economic Cooperation In The New Millennium: China's Economic Presence written by Christopher M Edmonds and published by World Scientific. This book was released on 2004-12-01 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is the outgrowth of a conference held at Peking University in May 2002, jointly sponsored by the American Committee on Asian Economic Studies, the Peking University School of Economics, and the China Reform Forum. The contributors include leading scholars from Asia as well as specialists on Asia from the US, Europe, and Australia. The book delves into issues of trade and investment, exchange rates and macroeconomic policy, and preferential trade agreements and other forms of economic cooperation. The overall message is one of regional dynamism animated by concerted efforts to build a favorable institutional environment. China is a great motivating force in this dynamism and a key player in the development of regional agreements.
Book Synopsis China's Footprints in Southeast Asia by : Ma. Serena I. Diokno
Download or read book China's Footprints in Southeast Asia written by Ma. Serena I. Diokno and published by National University of Singapore Press. This book was released on 2019 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: The countries that make up Southeast Asia are seeing an incredible resurgence in their economic power. Over the past fifty years, their combined wealth has reached the same level as the United Kingdom and, taken together, they are on track to become the fifth-largest world economy. But that stability and success has drawn the attention of the second largest world economy--China. The emerging superpower is increasingly involved in Southeast Asia as part of the ongoing global realignment. As China deepens its influence across the region, the countries of Southeast Asia are negotiating spaces for themselves in order to respond to--or even challenge--China's power. This is the first book to survey China's growing role in Southeast Asia along multiple dimensions. It looks closely and skeptically at the multitude of ways that China has built connections in the region, including through trade, foreign aid, and cultural diplomacy. It incorporates examples such as the operation of Confucius Institutes in Indonesia or the promotion of the concept of guangxi.China's Footprints in Southeast Asia raises the question of whether the Chinese efforts are helpful or disruptive and explores who it is that really stands to benefit from these relationships. The answers differ from country to country, but, as this volume suggests, the footprint of hard and soft power always leaves a lasting mark on other countries' institutions.
Author :Congressional Research Service Publisher :Createspace Independent Publishing Platform ISBN 13 :9781976466953 Total Pages :52 pages Book Rating :4.4/5 (669 download)
Book Synopsis China's Economic Rise by : Congressional Research Service
Download or read book China's Economic Rise written by Congressional Research Service and published by Createspace Independent Publishing Platform. This book was released on 2017-09-17 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
Book Synopsis Economic Dynamism Of Asia In The New Millennium by : Yoshinori Shimizu
Download or read book Economic Dynamism Of Asia In The New Millennium written by Yoshinori Shimizu and published by World Scientific. This book was released on 2007-02-23 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a compendium of papers on various new movements that emerged after the Asian financial crisis, which lead to Asia becoming the enhanced growth center of the world.Beginning with the analysis of the Asian crisis and the subsequent capital flight, the book goes on to study the impact of these events on the Hong Kong economy, the role of the government in Indonesia and financial restructuring in Thailand. The book then explores the new movement of regional cooperation, such as Free Trade Agreement, and financial cooperation and integration. On the real side of the economy, the book delves into issues such as cooperation between Japan and China, development of the Greater Mekong sub-region, growth of China, fiscal coordination in Korea, technological network in East Asia, and growth and inequality in Vietnam./a
Book Synopsis China's Industrial Revolution and Economic Presence by : Manoranjan Dutta
Download or read book China's Industrial Revolution and Economic Presence written by Manoranjan Dutta and published by World Scientific. This book was released on 2006 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text aims to shed light on the country's rapid industrialization and internationalization by looking at questions such as: Can China sustain its accelerated rate of growth? and Can labor supply be sustained at a relatively low wage rate?
Book Synopsis Economic Dynamism of Asia in the New Millenium by : Yoshinori Shimizu
Download or read book Economic Dynamism of Asia in the New Millenium written by Yoshinori Shimizu and published by World Scientific. This book was released on 2007 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a compendium of papers on various new movements that emerged after the Asian financial crisis, which lead to Asia becoming the enhanced growth center of the world. Beginning with the analysis of the Asian crisis and the subsequent capital flight, the book goes on to study the impact of these events on the Hong Kong economy, the role of the government in Indonesia and financial restructuring in Thailand. The book then explores the new movement of regional cooperation, such as Free Trade Agreement, and financial cooperation and integration. On the real side of the economy, the book delves into issues such as cooperation between Japan and China, development of the Greater Mekong sub-region, growth of China, fiscal coordination in Korea, technological network in East Asia, and growth and inequality in Vietnam.
Book Synopsis The Political Economy of China-Latin America Relations in the New Millennium by : Margaret Myers
Download or read book The Political Economy of China-Latin America Relations in the New Millennium written by Margaret Myers and published by Routledge. This book was released on 2016-08-12 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, China-Latin America relations experts Margaret Myers and Carol Wise examine the political and economic forces that have underpinned Chinese engagement in the region, as well as the ways in which these forces have shaped economic sectors and policy-making in Latin America. The contributors begin with a review of developments in cross-Pacific statecraft, including the role of private, state-level, sub-national, and extra-regional actors that have influenced China-Latin America engagement in recent years. Part two of the book examines the variety of Latin American development trajectories borne of China’s growing global presence. Contributors analyse the effects of Chinese engagement on specific economic sectors, clusters (the LAC emerging economies), and sub-regions (Central America, the Southern Cone of South America, and the Andean region). Individual case studies draw out these themes. This volume is a welcome addition to the growing body of literature on China-Latin America relations. It illuminates the complex interplay between economics and politics that has characterized China’s relations with the region as a second decade of enhanced economic engagement draws to a close. This volume is an indispensable read for students, scholars and policy makers wishing to gain new insights into the political economy of China-Latin America relations.
Book Synopsis New East Asian Regionalism by : Charles Harvie
Download or read book New East Asian Regionalism written by Charles Harvie and published by Edward Elgar Publishing. This book was released on 2005-12-20 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: East Asian countries - currently the most dynamic region of the global economy - have recently pursued trade liberalization through the adoption of various forms of bilateral and plurilateral Free Trade Agreements (FTAs). The book explores the key issues and possible outcomes arising from this departure from the region's traditional multilateral approach to trade liberalization. Implications of this new approach for the region as a whole, and key participating individual economies and blocs of economies, are emphasized.
Book Synopsis Asean Economic Integration: Trade, Foreign Direct Investment, And Finance by : Michael G Plummer
Download or read book Asean Economic Integration: Trade, Foreign Direct Investment, And Finance written by Michael G Plummer and published by World Scientific. This book was released on 2009-07-17 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the rapid emergence of regional economic arrangements in Asia, especially in Southeast Asia, it is useful to understand clearly what regionalism implies for the region, as well as to take stock as to the far-reaching and complicated effects of formal economic cooperation and integration. This book allows the reader to better understand the relevant international policies of the Southeast Asian economies, and to appreciate the potential lessons for other developing regions. It also focuses on the regionalism trend with an explicit application to ASEAN, as well as the implications of regionalism in the developed countries.The goal of this book is to survey the economics and political economy of regionalism in the ASEAN context from a variety of perspectives and using various techniques, from standard economic analysis of preferential trading arrangements to the political economy analysis of institutions. Its approach is comprehensive in that it includes ASEAN economic integration in the areas of trade, foreign direct investment, and finance. Presentation of the material is designed to be accessible to non-technical audiences without sacrificing the rigor expected by economists and other experts.
Book Synopsis EU-Asia and the Re-polarization of the Global Economic Arena by : Lars Oxelheim
Download or read book EU-Asia and the Re-polarization of the Global Economic Arena written by Lars Oxelheim and published by World Scientific. This book was released on 2012 with total page 613 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the end of the 1980s, a tri-polar world comprising the US, EU and Japan emerged. Nevertheless, the economic turbulence of the early 21st century has destabilized this old order and the rise of other Asian powers has implications for the formation of a new economic configuration. This book discusses the probability of the different tentative global economic power balances to emerge, as well as the different contestants: the EU, China and Japan, among others. Organized into three sections, the first part addresses general and trend-wise developments with relevance to the outcome of the re-polarization process. Subsequently, three chapters focus on developments in China, India and Japan. Finally, special issues such as climate policies, corporate governance, social reforms and cross-border economic alliances are considered in greater detail, in relation to their implications for the outcome of the re-polarization process.
Book Synopsis Future Perspectives on the Economic Development of Asia by : John Malcolm Dowling
Download or read book Future Perspectives on the Economic Development of Asia written by John Malcolm Dowling and published by World Scientific. This book was released on 2008 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: The future growth and development of Asia OCo the most dynamic economic region in the world today OCo will have important implications for the rest of the global economy. This book offers a futuristic perspective of a wide array of developmental challenges and opportunities facing Asian economies over the next two decades. The future is approached from several different developmental paradigms including technological change and innovation, regional cooperation within Asia and between Asia and the West, poverty reduction, ethics and corruption, and environmental challenges. Future prospects for the two giant economies of China and India are also explored. By offering a comprehensive look at the medium-term future of Asia from such a wide range of different viewpoints, this fascinating book will interest economists, social scientists, politicians, international investment managers and the general public alike. Sample Chapter(s). Chapter 1: Growth, Structural Changeand Technology (462 KB). Contents: Growth, Structural Change and Technology; Regional Cooperation and the Global Community; The United States, Europe and Developing Asia; Poverty and Income Distribution; Corruption, Ethics and Governance; Environment; China and India. Readership: Professional economists and undergraduate students of Asian economic development; international investors and fund managers interested in Asia."
Book Synopsis The Asian Economy and Asian Money by : Manoranjan Dutta
Download or read book The Asian Economy and Asian Money written by Manoranjan Dutta and published by Emerald Group Publishing. This book was released on 2009-02-01 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Asian Economy with one common Asian Money is a frontier topic of study in supranational macroeconomics. Part of the "CEA Series", this book examines the prospects of, the justification for, and the implications of the development of a common Asian currency.
Book Synopsis Economic Development Of Taiwan: Early Experiences And The Pacific Trade Triangle by : Frank S T Hsiao
Download or read book Economic Development Of Taiwan: Early Experiences And The Pacific Trade Triangle written by Frank S T Hsiao and published by World Scientific. This book was released on 2015-03-26 with total page 601 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taiwan's economic growth since the 1970s has roots in its pre-war development and post-war formation of the Pacific trade triangle. By highlighting the historical perspective of the Japanese linkages and the geographic vantage point of Taiwan-Japan-USA trade triangle, Economic Development of Taiwan features a collection of papers by Frank S T Hsiao and Mei-Chu Wang Hsiao. Published mostly between 1989 and 2002, their analyses on Taiwan's pre-war and post-war early economic history debunk the myth of the country's post-war rags to riches story and revalue the myth of 'wise' government policy. Timely and accessible, this unique volume shows how early Taiwanese experiences of economic development can be valuable paradigms for emerging economies of Asian, African and Latin American countries in this age of globalization.
Book Synopsis International Economic Integration And Asia by : Michael G Plummer
Download or read book International Economic Integration And Asia written by Michael G Plummer and published by World Scientific. This book was released on 2006-11-07 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional economic integration has become a key force in international commercial policy in the 2000s. Europe has traditionally embraced regionalism; the United States became actively involved in preferential trading arrangements only in the 1980s. While Asia has been late in accepting formal regional economic integration accords, all Asian countries are now in the process of creating various free-trade areas and other forms of economic integration programs, and some are already in place. This volume analyzes the regionalism trend from an Asian perspective. It considers the lessons from, and the economic implications of, various economic integration programs in the OECD (mostly the EU but also NAFTA), as well as the proposals for closer economic integration in the region itself. Chapters deal with both real and financial integration issues.
Book Synopsis Resilient States From A Comparative Regional Perspective: Central And Eastern Europe And Southeast Asia by : Francois Bafoil
Download or read book Resilient States From A Comparative Regional Perspective: Central And Eastern Europe And Southeast Asia written by Francois Bafoil and published by World Scientific. This book was released on 2013-01-28 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizations such as ASEAN and EU were formed to promote economic growth, social progress and cultural development among their members. This book provides a comprehensive overview of the transformation which the newest members of ASEAN (Cambodia, Laos, Myanmar and Laos) and the newest members of EU (ten new Members from Baltic, Central and Eastern Balkan regions) have experienced during the last two decades (1990-2010). It throws light on the different social, economic and political causes which support these historical changes.Emerging markets such as the Mekong region and Central Europe where new forms of capitalism are flourishing have been captured in this book. Their policies in privatization, regionalization, industrial growth that support a new and deregulated form of capitalism have been mentioned in detail. The author stresses upon the capacity and strengths of these two hitherto “weak states” to face worldwide and regional challenges.
Book Synopsis Resilient States from a Comparative Regional Perspective by : Franois Bafoil
Download or read book Resilient States from a Comparative Regional Perspective written by Franois Bafoil and published by World Scientific. This book was released on 2013 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive overview of the transformation which the newest members of ASEAN (Cambodia, Laos, Myanmar and Laos) and the newest members of EU (ten new Members from Baltic, Central and Eastern Balkan regions) have experienced during the last two decades (1990-2010).
Book Synopsis China's Eurasian Century? by : Nadáege Rolland
Download or read book China's Eurasian Century? written by Nadáege Rolland and published by . This book was released on 2017 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's Belt and Road Initiative has become the organizing foreign policy concept of the Xi Jinping era. The 21st-century version of the Silk Road will take shape around a vast network of transportation, energy, and telecommunication infrastructure linking Europe and Africa to Asia. Drawing from the work of Chinese official and analytic communities, China's Eurasian Century? Political and Strategic Implications of the Belt and Road Initiative examines the concept's origins, drivers, and various component parts, as well as China's domestic and international objectives. Nadáege Rolland shows how the Belt and Road Initiative reflects Beijing's desire to shape Eurasia according to its own worldview and unique characteristics. More than a list of revamped infrastructure projects, the initiative is a grand strategy that serves China's vision for itself as the preponderant power in Eurasia and a global power second to none.