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Economic Theories In China 1979 1988
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Book Synopsis Economic Theories in China, 1979-1988 by : Robert C. Hsu
Download or read book Economic Theories in China, 1979-1988 written by Robert C. Hsu and published by Cambridge University Press. This book was released on 1991-10-25 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: An exploration of the substance and logic of the evolution of economic theories prevalent in China 1979-88.
Book Synopsis Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization by : Yi Wen
Download or read book Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization 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.
Book Synopsis Economic Theories in China, 1979-1988 by : Robert C. Hsu
Download or read book Economic Theories in China, 1979-1988 written by Robert C. Hsu and published by . This book was released on 1992 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 The Political Logic of Economic Reform in China by : Susan L. Shirk
Download or read book The Political Logic of Economic Reform in China written by Susan L. Shirk and published by Univ of California Press. This book was released on 2023-04-28 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past decade, China was able to carry out economic reform without political reform, while the Soviet Union attempted the opposite strategy. How did China succeed at economic market reform without changing communist rule? Susan Shirk shows that Chinese communist political institutions are more flexible and less centralized than their Soviet counterparts were. Shirk pioneers a rational choice institutional approach to analyze policy-making in a non-democratic authoritarian country and to explain the history of Chinese market reforms from 1979 to the present. Drawing on extensive interviews with high-level Chinese officials, she pieces together detailed histories of economic reform policy decisions and shows how the political logic of Chinese communist institutions shaped those decisions. Combining theoretical ambition with the flavor of on-the-ground policy-making in Beijing, this book is a major contribution to the study of reform in China and other communist countries. This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1994. In the past decade, China was able to carry out economic reform without political reform, while the Soviet Union attempted the opposite strategy. How did China succeed at economic market reform without changing communist rule? Susan Shirk shows that Chine
Book Synopsis Thoughts on Economic Development in China by : Ma Ying
Download or read book Thoughts on Economic Development in China written by Ma Ying and published by Routledge. This book was released on 2013 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about mutual influences of thinking about economic development in China and in the West, from the 18th century until the present. Its chapters are contributed by development economists and historians of thought from China and other parts of the world. The book describes important stages in the evolution, cross-fertilization and contextual modification of ideas about economic order, development and institutional change. It illustrates how Western concepts and theories have been adopted and adapted to Chinese conditions in different waves of modernization from the late 19th century until the present and that this was and is no one-way traffic. The book describes how pre-classical thinking in the West, in particular French Physiocracy in mid-18th century, was influenced by China as an ideal and a source of ideas, at a time when China was the largest and most advanced economy in the world. It discusses to what extent concepts of Western-style economics, in particular in the fields of development economics and institutional economics, can be used to understand the rapid transitions and developments of the Chinese economy in recent decades, and to what extent they might need to be modified in the light of new experiences and insights. Against this background, several contributions to the volume provide assessments of the current state of economic science and teaching in China, in particular with regard to Chinese views on Western economics. The book should be of interest to those who are interested in economic development and the history of economics in China.
Book Synopsis China's Economic Development by : Dennis Yang
Download or read book China's Economic Development written by Dennis Yang and published by Springer. This book was released on 2014-12-03 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of papers is from Palgrave's journal Comparative Economic Studies, carefully selected by a team of expert editors, this volumes collates the most sophisticated works to provide the readers with an essential guide to the economic development of China.
Book Synopsis Competing Economic Paradigms in China by : Steven Mark Cohn
Download or read book Competing Economic Paradigms in China written by Steven Mark Cohn and published by Routledge. This book was released on 2017-09-05 with total page 598 pages. Available in PDF, EPUB and Kindle. Book excerpt: When the Chinese economic reforms began in 1978, Marxist economics infused all the institutions of economic theory in China, from academic departments and economics journals to government departments and economic think tanks. By the year 2000, neoclassical economics dominated these institutions and organized most economic discussion. This book explains how and why neoclassical economic theory replaced Marxist economic theory as the dominant economics paradigm in China. It rejects the idea that the rise of neoclassical theory was a triumph of reason over ideology, and instead, using a sociology of knowledge approach, links the rise of neoclassical economics to broad ideological currents and to the political-economic projects that key social groups inside and outside China wanted to enable. The book concludes with a discussion of the nature of economic theory and economics education in China today.
Book Synopsis Contemporary Economic Issues by : J. Lin
Download or read book Contemporary Economic Issues written by J. Lin and published by Springer. This book was released on 1998-11-12 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to the experiences economic reform since the second world war, and system reform and economic integration across the world in the past decade. The first part of the book examines why only a small number of developing countries have succeeded in their modernization attempts this century. What lessons can be learnt from the successes of the East Asian NIEs and failures of other economies to emulate them? The very different experiences of the transition to market economies in the former socialist countries of Eastern Europe and China is the focus of the next section, with comparisons drawn with the Latin American reform experience, especially in Chile. The effects of economic integration schemes are examined in the final sector, with case-studies of Tunisia and Morocco's Free Trade Agreements with the EU, and of economic integration and the Arab-Israeli peace process.
Book Synopsis Sources of Chinese Economic Growth, 1978-1996 by : Chris Bramall
Download or read book Sources of Chinese Economic Growth, 1978-1996 written by Chris Bramall and published by OUP Oxford. This book was released on 2000-09-14 with total page 569 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis of the political economy of growth in the era of Deng Xiaoping takes issue with the growth-accounting methodologies and market-centred explanations which characterize so much of the literature on transition-era China. By adopting an approach which echoes the pioneering work of Chalmers Johnson, Alice Amsden, and Robert Wade on other East Asian Economies, and which makes full use of the rich statistical materials that have become available since 1978, this book shows that Chinese growth was driven by a combination of state-led industrial policy and the favourable infrastructural legacies of the Maoist era. And in giving due weight to the sheer complexity of the growth process by looking in detail at the experience of four very different Chinese regions, it avoids over-simplistic macroeconomic generalization. Nevertheless, even this type of approach is inadequate, because it fails to explain why industrial policy has been so much more successful in China than in other countries. This book therefore goes beyond the 'development state' approach to argue that state autonomy in China reflected the remarkably equal distribution of income and wealth at the end of the 1970s and, paradoxically, the destruction of party structures and institutions during the Cultural Revolution. The policy implications are stark. The Chinese experience demonstrates that industrial policy and state spending on physical and social infrastructure can produce rich rewards; conversely, slavish reliance on foreign direct investment and trade are likely to limit the pace of growth. But attempts to replicate China's success in Latin America, sub-Saharan Africa, and South Asia will fail because their governments will not resist rent-seeking by classes and interest groups. Moreover, as the state becomes weaker in the wake of the re-emergence of a powerful capitalist class, even Chinese growth may prove unsustainable.
Download or read book China written by Ross Garnaut and published by Asia Pacific Press. This book was released on 1999 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China in the 1980s written by S. Breslin and published by Springer. This book was released on 1996-02-12 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the changing nature of centre-province relations in China in a period of rapid economic change. It aims to show how leadership conflicts over the nature and scope of economic change gave rise to an incremental and reactive reform process. The resulting partially reformed economic system not only gave many provincial leaders the ability to ignore central economic commands, but the perceived consequences of reform also increased the desire of some local leaders to assert their independence.
Book Synopsis Economics of Planning Policies in China by : Wen-jie Wu
Download or read book Economics of Planning Policies in China written by Wen-jie Wu and published by Taylor & Francis. This book was released on 2016-12-08 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Implications of this study -- Conclusion -- Notes -- References -- Chapter 7: Geographical evolution of railway network development -- Introduction -- China's railway speed-up and HSR development -- Implications of railway speed-ups on regional development -- Implications for local accessibility -- Conclusion -- Note -- References -- Chapter 8: Market reform, land development and urban vibrancy -- Introduction -- Economic implications of land and housing marketization -- Urban vibrancy pattern in a modern-day Chinese city -- Mechanisms -- Conclusion -- Notes -- References -- PART IV: Conclusions -- Chapter 9: Concluding remarks -- Transformation of Chinese cities in politically biased urban hierarchies -- Planning for spatial agglomeration -- Planning for infrastructure development -- Planning for city vibrancy -- Planning for reshaping the economic geography -- References -- Index
Book Synopsis Professionalizing Research in Post-Mao China: The System Reform Institute and Policy Making by : C.H. Keyser
Download or read book Professionalizing Research in Post-Mao China: The System Reform Institute and Policy Making written by C.H. Keyser and published by Routledge. This book was released on 2019-07-23 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ongoing suppression of journals, and obstacles faced by non-governmental research organizations, attest to the enduring challenges for creating alternative sources for discussing China's reform and transition. This book looks at research institutes and journals in China and the dilemmas of transition by chronicling the tensions between the need to create an "autonomous space" for policy making and the problems created by such activities. The "non-governmental fever" of the 1980s and the development of research organizations and journals claiming to be non-governmental - to avoid political oversight and claim an arena independent of party-state influence - raise a fundamental question about how a political system characterized by bureaucratic rigidity, poor information flows, and a politicized policy-making environment generates ideas for reform, while at the same time controlling the direction of debate and discussion. This book is built on extensive personal interviews with former members of Zhao Ziyang's "brain trust," the Chinese Economic System Reform Research Institute (SRI), and on the wealth of material on reform to emerge in the last five years. It addresses a void in our knowledge of this dynamic decade of reform by recounting the story of the SRI in the voice of its members and placing it in the context of elite politics as well as in the context of the institute as a catalyst for opening issues of reform and post-communist transitions. Those associated with the institute are known as the "young reformers" and represent a generational cohort whose activities greatly impacted China's reform process. The publications, research organizations, and policy making environment of the 1980s and post-Tiananmen era are essential for examining the larger question of China's transition from socialism.
Book Synopsis Professionalizing Resrch in Post-mao Chi by :
Download or read book Professionalizing Resrch in Post-mao Chi written by and published by M.E. Sharpe. This book was released on with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume looks at research institutes and journals in China and the dilemmas of transition by chronicling the tensions between the need to create an "autonomous space" for policy making and the problems created by such activities.
Book Synopsis Greater China and Japan by : Robert Taylor
Download or read book Greater China and Japan written by Robert Taylor and published by Routledge. This book was released on 2013-02-01 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary relations between Greater China and Japan have been conditioned both by differing responses to the impact of Western colonialism during the mid-nineteenth century and the legacy of the Cold War. There are mutual suspicions: the Chinese fear of a Japanese military revival and the Japanese concern over increasing Chinese economic competition and territorial ambitions. Robert Taylor recognises the mistrust in Sino-Japanese relations, but also sees shared advantages in this traditionally adversarial relationship. The Chinese are currently modelling their economic strategy on Japan's developmental experience, even though China's policies and institutions have distinctive features and differing agendas. The study also examines the growing momentum towards sub-regional integration; rivalry between Greater China and Japan is giving way to competition between regional economic blocks and corporate entities. Greater China and Japan explores the ambiguous relationship between the two countries and states that its development is crucial to the future of the region in the twenty-first century.
Book Synopsis Historical Perspectives on Chinese Economics (1949–2011) by : Zhuoyuan Zhang
Download or read book Historical Perspectives on Chinese Economics (1949–2011) written by Zhuoyuan Zhang and published by Springer Nature. This book was released on 2020-10-16 with total page 693 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book summarizes the 60 year development of economic theories, explaining in detail the features and development of economic theories from 1949 to 1976 and in the reform and opening-up period. The author has made a systematic theoretical analysis on the economic situation from two different stages — before and after China's reform and opening-up, which put forward many unconventional point of view, and it has contributed visionary ideas for the research on China's economy. It provide the readers with a general understanding of the economic trend and development of contemporary China, with many pertinent answer to the practical and concrete problems about China's economy.
