Modernizing China's Growth Paradigm

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (2 download)

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Book Synopsis Modernizing China's Growth Paradigm by : Eswar S. Prasad

Download or read book Modernizing China's Growth Paradigm written by Eswar S. Prasad and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has achieved tremendous economic progress in the last three decades, but there is much work to be done to make the economy resilient to large shocks, ensure the sustainability of its growth, and translate this growth into corresponding improvements in the economic welfare of its citizens. We discuss the complex challenges that Chinese policymakers face in striking the right balance in terms of speed and coordination of reforms. We argue that China's current stage of development, along with its rising market orientation and increasing integration with the world economy, may make the incremental and piecemeal approaches to reforms increasingly untenable and, in some cases, could even generate risks of their own. The present favorable domestic and external circumstances provide an excellent window of opportunity for bolder reforms and for tackling some deep-rooted problems without causing much economic disruption.

Modernizing China's Growth Paradigm

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Publisher : International Monetary Fund
ISBN 13 : 1451924356
Total Pages : 18 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Modernizing China's Growth Paradigm by : Mr. Eswar Prasad

Download or read book Modernizing China's Growth Paradigm written by Mr. Eswar Prasad and published by International Monetary Fund. This book was released on 2006-03-01 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has achieved tremendous economic progress in the last three decades, but there is much work to be done to make the economy resilient to large shocks, ensure the sustainability of its growth, and translate this growth into corresponding improvements in the economic welfare of its citizens. We discuss the complex challenges that Chinese policymakers face in striking the right balance in terms of speed and coordination of reforms. We argue that China's current stage of development, along with its rising market orientation and increasing integration with the world economy, may make the incremental and piecemeal approaches to reforms increasingly untenable and, in some cases, could even generate risks of their own. The present favorable domestic and external circumstances provide an excellent window of opportunity for bolder reforms and for tackling some deep-rooted problems without causing much economic disruption.

Modernizing China's Growth Paradigm

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Publisher : International Monetary Fund
ISBN 13 : 1451946147
Total Pages : 16 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Modernizing China's Growth Paradigm by : Raghuram Rajan

Download or read book Modernizing China's Growth Paradigm written by Raghuram Rajan and published by International Monetary Fund. This book was released on 2006-03-01 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has achieved tremendous economic progress in the last three decades, but there is much work to be done to make the economy resilient to large shocks, ensure the sustainability of its growth, and translate this growth into corresponding improvements in the economic welfare of its citizens. We discuss the complex challenges that Chinese policymakers face in striking the right balance in terms of speed and coordination of reforms. We argue that China's current stage of development, along with its rising market orientation and increasing integration with the world economy, may make the incremental and piecemeal approaches to reforms increasingly untenable and, in some cases, could even generate risks of their own. The present favorable domestic and external circumstances provide an excellent window of opportunity for bolder reforms and for tackling some deep-rooted problems without causing much economic disruption.

China’s Grand Strategy

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Publisher : Rand Corporation
ISBN 13 : 1977404200
Total Pages : 155 pages
Book Rating : 4.9/5 (774 download)

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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.

Modernizing China's Military

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Publisher : Minnesota Historical Society
ISBN 13 : 9780833036988
Total Pages : 300 pages
Book Rating : 4.0/5 (369 download)

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Book Synopsis Modernizing China's Military by : Keith Crane

Download or read book Modernizing China's Military written by Keith Crane and published by Minnesota Historical Society. This book was released on 2005 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: To help the U.S. Air Force assess the resources the government of the People's Republic of China is likely to spend on its military over the next two decades, this study projects future growth in Chinese government expenditures as a whole and the military in particular, evaluates the current and likely future capabilities of China's defense industries, and compares likely future Chinese expenditures on defense with recent expenditures by the United States and the U.S. Air Force. Although economic growth in China is destined to slow, output will still triple by 2025. In addition, government reforms hold the promise of improving the weak performance of China's defense industries. Although the researchers' high-end forecast of military expenditures is based on the assumption that the Chinese government would be able to spend 5.0 percent of GDP on defense, they believe that pressures within China to increase social spending on health care, pensions, education, and the environment, coupled with the costs of paying the Chinese government's liabilities, make it more likely that military spending will not rise above 2.3 percent of GDP. Using a combination of projected market and purchasing power parity exchange rates, the authors forecast that Chinese military spending is likely to rise from an estimated $69 billion in 2003 to $185 billion by 2025-approximately 61 percent of what the Department of Defense spent in 2003.

The Modernization of China

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Publisher : Simon and Schuster
ISBN 13 : 9780029273609
Total Pages : 584 pages
Book Rating : 4.2/5 (736 download)

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Book Synopsis The Modernization of China by : Rozman

Download or read book The Modernization of China written by Rozman and published by Simon and Schuster. This book was released on 1982-08 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the Modernization of China, an interdisciplinary team of scholars collaborate closely to provide the first systematic, integrated analysis of China in transformation--from an agrarian-based to an urbanized and industrialized society. Moving from the legacy of the Ming and Ch'ing dynasties to the reforms and revolutions of the 20th century, the authors seek reasons for China's inability to achieve rapid, steady growth during a 200 year-long struggle to modernize. They examine the changing shape of Chinese society: the role of the state in local politics; military affairs; economics; the development of the educational system; changes in family; population, and settlement patterns; science and technology; world views and foreign relations. And they make frequent comparisons between China's experience with growth and that of two other latecomers to modernization, Japan and Russia. The result is a book that brings much-needed clarity and perspective to our understanding of China, and the way a great civilization attempts to meet the challenge of modernity.

How China Became Capitalist

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Publisher : Springer
ISBN 13 : 1137019379
Total Pages : 256 pages
Book Rating : 4.1/5 (37 download)

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Book Synopsis How China Became Capitalist by : R. Coase

Download or read book How China Became Capitalist written by R. Coase and published by Springer. This book was released on 2016-04-30 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.

The Long Game

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Publisher : Oxford University Press
ISBN 13 : 0197527876
Total Pages : 433 pages
Book Rating : 4.1/5 (975 download)

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Book Synopsis The Long Game by : Rush Doshi

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.

Challenges and Solutions to China’s Modernization Process

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Publisher : Springer Nature
ISBN 13 : 9819991412
Total Pages : 229 pages
Book Rating : 4.8/5 (199 download)

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Book Synopsis Challenges and Solutions to China’s Modernization Process by : Fang Cai

Download or read book Challenges and Solutions to China’s Modernization Process written by Fang Cai and published by Springer Nature. This book was released on with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt:

China's Economic Culture

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Publisher : Taylor & Francis
ISBN 13 : 1134651023
Total Pages : 608 pages
Book Rating : 4.1/5 (346 download)

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Book Synopsis China's Economic Culture by : Carsten Herrmann-Pillath

Download or read book China's Economic Culture written by Carsten Herrmann-Pillath and published by Taylor & Francis. This book was released on 2016-10-04 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's spectacular rise challenges established economic moulds, both at the national level, with the concept of "state capitalism", and at the firm level, with the notion of indigenous "Chinese management practices". However, both Chinese and Western observers emphasise the transitional nature of the reforms, thereby leaving open the question as to whether China's reform process is really a fast catch-up process, with ultimate convergence to global standards, or something different. This book, by a leading economist and sinologist, argues that "culture" is an exceptionally useful tool to help understand fully the current picture of the Chinese economy. Drawing on a range of disciplines including social psychology, cognitive sciences, institutional economics and Chinese studies, the book examines long-run path dependencies and cultural legacies, and shows how these contribute crucially to the current cultural construction of economic systems, business organisations and patterns of embedding the economy into society and politics.

The Making of an Economic Superpower

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Publisher : World Scientific
ISBN 13 : 9814733741
Total Pages : 336 pages
Book Rating : 4.8/5 (147 download)

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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.

Untangling the US Deficit

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Publisher : Edward Elgar Publishing
ISBN 13 : 1847207057
Total Pages : 285 pages
Book Rating : 4.8/5 (472 download)

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Book Synopsis Untangling the US Deficit by : Richard A. Iley

Download or read book Untangling the US Deficit written by Richard A. Iley and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book would be a good companion text for an undergraduate class in international finance or open-economy macroeconomics. Catherine L. Mann, Journal of Economic Literature Untangling the US Deficit is a unique and well-researched book and will be of great interest to academic economists and postgraduates. Policymakers, business and market economists will also find it an enlightening and challenging analysis. sirreadalot.org The book is written in a very accessible fashion, even though the authors strive to accommodate competing and complex views on the causes and cures of the US external deficit, which makes for enjoyable and informative reading. Their reliance on data, charts and bibliography result in persuasive arguments. Recommended. General readers; upper-division undergraduates through practitioners. A. Sharma, Choice What are the causes of the US current account deficit? Are the problems made in the US or the rest of the world? Are these deficits sustainable, at what level? These are the types of questions the authors set out to answer, and in essence conclude that the answers do not matter for global stability as long as imbalances are left to market forces and the US can avoid large net income outflows. The beauty of this book, however, is watching the authors (the unusual combination of a business economist and an academic economist) arrive at this conclusion. They provide insights that can come only from years of practical and theoretical experience. William E. Becker, Indiana University Bloomington, US As the US current account deficit has expanded to a record level of $811 billion in 2006, debate about the deficit s causes and consequences has also grown. Is the deficit a product of American profligacy or a glut of savings in the rest of the world? Is it a serious problem or essentially benign? Untangling the US Deficit charts a course between the competing explanations in a systematic and rigorous approach, incorporating the latest academic research and market data. Particular attention is given to the China United States trade imbalance and to the special role of the US dollar and US capital markets in global finance. This unique and well-researched book will be of great interest to academic economists and postgraduates. Policy-makers, business and market economists will also find it to be an enlightening and challenging account.

Chinese Economic Development

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Publisher : Routledge
ISBN 13 : 1134190514
Total Pages : 638 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Chinese Economic Development by : Chris Bramall

Download or read book Chinese Economic Development written by Chris Bramall and published by Routledge. This book was released on 2008-10-08 with total page 638 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first textbook on Chinese economic development that will be suitable for an undergraduate audience and provide and accessible, thematic overview of the growth of one of the world’s fastest growing economies.

S&T Strategies of Six Countries

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Publisher : National Academies Press
ISBN 13 : 0309162688
Total Pages : 127 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis S&T Strategies of Six Countries by : National Research Council

Download or read book S&T Strategies of Six Countries written by National Research Council and published by National Academies Press. This book was released on 2010-10-04 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: An increase in global access to goods and knowledge is transforming world-class science and technology (S&T) by bringing it within the capability of an unprecedented number of global parties who must compete for resources, markets, and talent. In particular, globalization has facilitated the success of formal S&T plans in many developing countries, where traditional limitations can now be overcome through the accumulation and global trade of a wide variety of goods, skills, and knowledge. As a result, centers for technological research and development (R&D) are now globally dispersed, setting the stage for greater uncertainty in the political, economic, and security arenas. These changes will have a potentially enormous impact for the U.S. national security policy, which for the past half century was premised on U.S. economic and technological dominance. As the U.S. monopoly on talent and innovation wanes, arms export regulations and restrictions on visas for foreign S&T workers are becoming less useful as security strategies. The acute level of S&T competition among leading countries in the world today suggests that countries that fail to exploit new technologies or that lose the capability for proprietary use of their own new technologies will find their existing industries uncompetitive or obsolete. The increased access to information has transformed the 1950s' paradigm of "control and isolation" of information for innovation control into the current one of "engagement and partnerships" between innovators for innovation creation. Current and future strategies for S&T development need to be considered in light of these new realities. This book analyzes the S&T strategies of Japan, Brazil, Russia, India, China, and Singapore (JBRICS), six countries that have either undergone or are undergoing remarkable growth in their S&T capabilities for the purpose of identifying unique national features and how they are utilized in the evolving global S&T environment.

Economics and Regulation in China

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Publisher : Routledge
ISBN 13 : 1134623003
Total Pages : 366 pages
Book Rating : 4.1/5 (346 download)

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Book Synopsis Economics and Regulation in China by : Michael Faure

Download or read book Economics and Regulation in China written by Michael Faure and published by Routledge. This book was released on 2013-10-15 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, from a top international group of scholars, explores the ways in which economic tools can be used to improve the quality of regulation in general and legislative tools in particular. As the role of law becomes increasingly important in China, the question arises of how effective regulatory and legislative tools can be developed to accompany the Chinese evolution towards a welfare state. China therefore provides a unique case study for scholars and policymakers interested in examining how regulation can play a role in promoting sustainable development. Economics and Regulation in China goes beyond traditional economic analysis of law by focusing specifically on the question of how economic tools can guide the quality of legislation. To this end, the book centres in on three areas: regulation as a tool of economic growth, competition policy and environmental policy. Not only are these three domains of great importance for China, but they are also relevant for a broad scholarship interested in the economic analysis of law. This volume contributes to discussions on how ex-ante evaluation of legislative proposals and ex-post analysis can increase the effectiveness and efficiency of regulation, using economic tools, offering insights that go beyond the particular case of China. The analysis offered by this book makes it an invaluable resource for academics and policymakers alike.

China Entering the Xi Jinping Era

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Publisher : Routledge
ISBN 13 : 1317808215
Total Pages : 344 pages
Book Rating : 4.3/5 (178 download)

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Book Synopsis China Entering the Xi Jinping Era by : Zheng Yongnian

Download or read book China Entering the Xi Jinping Era written by Zheng Yongnian and published by Routledge. This book was released on 2014-11-20 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: How will China develop under the new leadership of Xi Jinping and Li Keqiang? This is a key question for both China and the wider world. This book presents a comprehensive overview of the key areas and issues, assessing how things are likely to develop under the new leadership. It considers the economy, trade, politics, and demographics; appraises the leadership, both at the national and provincial levels; and discusses potential flashpoints in China’s relationship with its neighbors and China’s emerging role in world politics. The book emphasizes the great uncertainties surrounding the next phase of China’s development, highlighting the structural problems of the economy, the problems of urbanization and governance, and the deep social cleavages which exist over issues such as income disparity, rampant corruption and unequal opportunities in social mobility. Against this backdrop it measures the emerging leadership of Xi Jinping to assess the prospects for China in the next decade and beyond.

Debating China's Exchange Rate Policy

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Publisher : Peterson Institute
ISBN 13 : 0881325392
Total Pages : 401 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Debating China's Exchange Rate Policy by : Morris Goldstein

Download or read book Debating China's Exchange Rate Policy written by Morris Goldstein and published by Peterson Institute. This book was released on 2008 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: