Author : Joseph Pelzman
Publisher : World Scientific Publishing Company Incorporated
ISBN 13 : 9789814603348
Total Pages : 388 pages
Book Rating : 4.6/5 (33 download)
Book Synopsis Spillover Effects of China Going Global by : Joseph Pelzman
Download or read book Spillover Effects of China Going Global written by Joseph Pelzman and published by World Scientific Publishing Company Incorporated. This book was released on 2016-01-30 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: When the People's Republic of China (PRC) was granted Most Favored Nation (MFN) status by the United States in 1979, no one imagined the massive transformation the Chinese economy would make within a few decades. China's remarkable transition from merely being a "world factory," to the source of the world's new R&D and product design and innovation since the 1980s is the key focus of Spillover Effects of China Going Global. In this insightful and unique book, Joseph Pelzman shows how the second largest world economy triggered off many spillover effects beyond mass-labour production of durable and non-durable goods -- such as the provision of foreign aid to African, Latin American and Asian economies, and increasing focus on internal endogenous innovation, research and development. He provides a comprehensive look at these spillover effects and analyzes how they will undoubtedly bring positive opportunities for others within the rest of the world in the 21st Century.