China’s High Savings: Drivers, Prospects, and Policies

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484388771
Total Pages : 38 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis China’s High Savings: Drivers, Prospects, and Policies by : Ms.Longmei Zhang

Download or read book China’s High Savings: Drivers, Prospects, and Policies written by Ms.Longmei Zhang and published by International Monetary Fund. This book was released on 2018-12-11 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s high national savings rate—one of the highest in the world—is at the heart of its external/internal imbalances. High savings finance elevated investment when held domestically, or lead to large external imbalances when they flow abroad. Today, high savings mostly emanate from the household sector, resulting from demographic changes induced by the one-child policy and the transformation of the social safety net and job security that occured during the transition from planned to market economy. Housing reform and rising income inequality also contribute to higher savings. Moving forward, demographic changes will put downward pressure on savings. Policy efforts in strengthening the social safety net and reducing income inequality are also needed to reduce savings further and boost consumption.

The Oxford Companion to the Economics of China

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Author :
Publisher : OUP Oxford
ISBN 13 : 0191030236
Total Pages : 757 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis The Oxford Companion to the Economics of China by : Shenggen Fan

Download or read book The Oxford Companion to the Economics of China written by Shenggen Fan and published by OUP Oxford. This book was released on 2014-10-30 with total page 757 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's rise as an economic powerhouse raises a number of questions that are the subject of lively debate. How did the country do it? How applicable are the lessons of China's economic reform of the past thirty years to the challenges it faces in the next three decades? What does the detailed pattern of China's success and challenges look like at the sub-sectoral and sub-national levels, and what does this mean for future policy? How will China's role as a global economic player evolve? The Oxford Companion to the Economics of China presents an original collection of perspectives on the Chinese economy's past, present, and future: 99 entries written by the leading China analysts of our time. The topics covered include: the China model, future prospects for China , China and the global economy, trade and the Chinese economy, macroeconomics and finance, urbanisation, industry and markets, agriculture and rural development, land, infrastructure, and environment, population and labour, dimensions of wellbeing and inequality, health and education, gender equity, regional divergence in China, and a selection of perspectives on some of China's provinces. The Editors are four global leaders in Chinese economic analysis and policy who between them have held or hold the following positions: Director General, International Food Policy Research Institute; Co-Editor, China Economic Review; President Chinese Economists Society; Assistant Director of Research at the IMF; Principal Adviser to the Chief Economist of the World Bank; and Professors of Economics at Ivy League Universities.

Public Expenditures on Social Programs and Household Consumption in China

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451982135
Total Pages : 29 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Public Expenditures on Social Programs and Household Consumption in China by : Mr.David Coady

Download or read book Public Expenditures on Social Programs and Household Consumption in China written by Mr.David Coady and published by International Monetary Fund. This book was released on 2010-03-01 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper shows that increasing government social expenditures can make a substantive contribution to increasing household consumption in China. The paper first undertakes an empirical study of the relationship between the savings rate and social expenditures for a panel of OECD countries and provides illustrative estimates of their implications for China. It then applies a generational accounting framework to Chinese household income survey data. This analysis suggests that a sustained 1 percent of GDP increase in public expenditures, distributed equally across education, health, and pensions, would result in a permanent increase the household consumption ratio of 11⁄4 percentage points of GDP.

Birth Control in China 1949-2000

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Author :
Publisher : Routledge
ISBN 13 : 1136823689
Total Pages : 491 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis Birth Control in China 1949-2000 by : Thomas Scharping

Download or read book Birth Control in China 1949-2000 written by Thomas Scharping and published by Routledge. This book was released on 2013-07-04 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive volume analyses Chinese birth policies and population developments from the founding of the People's Republic to the 2000 census. The main emphasis is on China's 'Hardship Number One Under Heaven': the highly controversial one-child campaign, and the violent clash between family strategies and government policies it entails. Birth Control in China 1949-2000 documents an agonizing search for a way out of predicament and a protracted inner Party struggle, a massive effort for social engineering and grinding problems of implementation. It reveals how birth control in China is shaped by political, economic and social interests, bureaucratic structures and financial concerns. Based on own interviews and a wealth of new statistics, surveys and documents, Thomas Scharping also analyses how the demographics of China have changed due to birth control policies, and what the future is likely to hold. This book will be of interest to students and scholars of Modern China, Asian studies and the social sciences.

The Oxford Companion to the Economics of China

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Author :
Publisher : Oxford University Press, USA
ISBN 13 : 0199678200
Total Pages : 645 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis The Oxford Companion to the Economics of China by : Shenggen Fan

Download or read book The Oxford Companion to the Economics of China written by Shenggen Fan and published by Oxford University Press, USA. This book was released on 2014 with total page 645 pages. Available in PDF, EPUB and Kindle. Book excerpt: 99 entries written by leading China scholars. Topics include: The China Model, Future Prospects, Global Economy, Trade, Macroeconomics and Finance, Urbanization, Industry and Markets, Agriculture, Land, Infrastructure and Environment, Labour, Wellbeing and Inequality, Health and Education, Gender, Regional Divergence, and Provincial studies.

The Chinese Economy

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Author :
Publisher : World Scientific
ISBN 13 : 9789971504670
Total Pages : 324 pages
Book Rating : 4.5/5 (46 download)

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Book Synopsis The Chinese Economy by : Gregory C. Chow

Download or read book The Chinese Economy written by Gregory C. Chow and published by World Scientific. This book was released on 1987 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main purpose of this book is to apply the basic tools of economic analysis to the economy of the Peoples' Republic of China. It is written for students of economics who would like to understand China, for students of China who would like to understand economics, and for professional economists and lay readers who would like to understand the Chinese economy.The study of the Chinese economy is interesting to economists for several reasons. First, China has a different cultural background and a different set of social and political institutions from the Western countries, in which most of the tools of economic analysis have been developed. It is therefore interesting to see how these tools can be applied to China and how they ought to be further developed or modified in the Chinese context. Second, many drastic changes in economic policy and economic institutions have taken place since the founding of the People's Republic of China. Such important experiments in economics provide rare opportunities to study their results. Third, since the later 1970s much more information on the Chinese economy has become available. It is time for us to digest, to scrutinize, and possibly to help improve the economic data on China.

Targets, Interest Rates, and Household Saving in Urban China

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1463904258
Total Pages : 30 pages
Book Rating : 4.4/5 (639 download)

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Book Synopsis Targets, Interest Rates, and Household Saving in Urban China by : Mr.Malhar Nabar

Download or read book Targets, Interest Rates, and Household Saving in Urban China written by Mr.Malhar Nabar and published by International Monetary Fund. This book was released on 2011-10-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies a panel of China's provinces over the period 1996-2009 during which urban household saving rates increased from 19 percent of disposable income to 30 percent. It finds that the increase in urban saving rates is negatively associated with the decline in real interest rates over this period. This negative association suggests that Chinese households save with a target level of saving in mind. When the return to saving declines (increases), it becomes more difficult (easier) to meet a target and households increase (lower) their saving out of current disposable income to compensate. The results are robust across specifications and to the inclusion of additional variables. A main policy implication is that an increase in real deposit rates may help lower household saving and boost domestic consumption.

Routledge Handbook of Asian Demography

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Publisher : Routledge
ISBN 13 : 1351373455
Total Pages : 550 pages
Book Rating : 4.3/5 (513 download)

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Book Synopsis Routledge Handbook of Asian Demography by : Zhongwei Zhao

Download or read book Routledge Handbook of Asian Demography written by Zhongwei Zhao and published by Routledge. This book was released on 2017-12-14 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt: Home to close to 60 per cent of the world’s population, Asia is the largest and by far the most populous continent. It is also extremely diverse, physically and culturally. Asian countries and regions have their own distinctive histories, cultural traditions, religious beliefs and political systems, and they have often pursued different routes to development. Asian populations also present a striking array of demographic characteristics and stages of demographic transition. This handbook is the first to provide a comprehensive study of population change across the whole of Asia. Comprising 28 chapters by more than 40 international experts this handbook examines demographic transitions on the continent, their considerable variations, their causes and consequences, and their relationships with a wide range of social, economic, political and cultural processes. Major topics covered include: population studies and sources of demographic data; historical demography; family planning and fertility decline; sex preferences; mortality changes; causes of death; HIV/AIDS; population distribution and migration; urbanization; marriage and family; human capital and labour force; population ageing; demographic dividends; political demography; population and environment; and Asia’s demographic future. This handbook provides an authoritative and comprehensive reference for researchers, policymakers, academics, students and anyone who is interested in population change in Asia and the world.

De Gruyter Handbook of Personal Finance

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Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3110727692
Total Pages : 652 pages
Book Rating : 4.1/5 (17 download)

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Book Synopsis De Gruyter Handbook of Personal Finance by : John E. Grable

Download or read book De Gruyter Handbook of Personal Finance written by John E. Grable and published by Walter de Gruyter GmbH & Co KG. This book was released on 2022-03-07 with total page 652 pages. Available in PDF, EPUB and Kindle. Book excerpt: The De Gruyter Handbook of Personal Finance provides a robust review of the core topics comprising personal finance, including the primary models, approaches, and methodologies being used to study particular topics that comprise the field of personal finance today. The contributors include many of the world’s leading personal finance researchers, financial service professionals, thought leaders, and leading contemporary figures conducting research in this area whose work has shaped—and continues to affect—the way that personal finance is conceptualized and practiced. The first section of the handbook provides a broad introduction to the discipline of personal finance. The following two sections are organized around the core elements of personal finance research and practice: saving, investing, asset management, and financial security. The fourth section introduces future research, practice, and policy directions. The handbook concludes with a discussion on an educational and research agenda for the future. This handbook will be a core reference work for researchers, financial service practitioners, educators, and policymakers and an excellent supplementary source of readings for those teaching undergraduate and graduate-level courses in personal finance, financial planning, consumer studies, and household finance.

China's New Sources of Economic Growth: Vol. 1

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Author :
Publisher : ANU Press
ISBN 13 : 1760460354
Total Pages : 545 pages
Book Rating : 4.7/5 (64 download)

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Book Synopsis China's New Sources of Economic Growth: Vol. 1 by : Ligang Song

Download or read book China's New Sources of Economic Growth: Vol. 1 written by Ligang Song and published by ANU Press. This book was released on 2016-07-21 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s change to a new model of growth, now called the ‘new normal’, was always going to be hard. Events over the past year show how hard it is. The attempts to moderate the extremes of high investment and low consumption, the correction of overcapacity in the heavy industries that were the mainstays of the old model of growth, the hauling in of the immense debt hangover from the fiscal and monetary expansion that pulled China out of the Great Crash of 2008 would all have been hard at any time. They are harder when changes in economic policy and structure coincide with stagnation in global trade and rising protectionist sentiment in developed countries, extraordinarily rapid demographic change and recognition of the urgency of easing the environmental damage from the old model. China’s economy has slowed and there are worries that the authorities will not be able to contain the slowdown within preferred limits. This year’s Update explores the challenge of the slowdown in growth and the change in economic structure. Leading experts on China’s economy and environment review change within China’s new model of growth, and its interaction with ageing, environmental pressure, new patterns of urbanisation, and debt problems at different levels of government. It illuminates some new developments in China’s economy, including the transformational potential of internet banking, and the dynamics of financial market instability. China’s economic development since 1978 is full of exciting change, and this year’s China Update is again the way to know it as it is happening.

China's Economic Culture

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1134651023
Total Pages : 625 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 625 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.

International Housing Market Experience and Implications for China

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Author :
Publisher : Taylor & Francis
ISBN 13 : 0429796161
Total Pages : 427 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis International Housing Market Experience and Implications for China by : Rebecca L. H. Chiu

Download or read book International Housing Market Experience and Implications for China written by Rebecca L. H. Chiu and published by Taylor & Francis. This book was released on 2019-03-18 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent rapid housing market expansion in China is presenting new challenges for policy makers, planners, business people, and citizens. Now that housing in middle-income China is driven by consumer choices and is no longer dominated by state policy decisions, housing policy issues in Chinese cities are becoming increasingly similar to those encountered in other global housing markets. With soaring prices and imbalances in housing supply favoring high income groups and housing demand driven by rising inequality in household incomes, many middle and lower-income households face worsening choices in terms of the quality and location of their housing as well as greater financial difficulties, which together can have negative implications for standards of public health. This book examines the impact of these changes on the general population, as well as on aspiring homeowners and developers. The contributors look at the effect on the widening of wealth gaps, slower economic growth, and threats to political and social stability. Though focusing on China, the editors also present discussions of specific policy design challenges encountered in Australia, Japan, Korea, the Netherlands, the Nordic countries, Singapore, Taiwan, the UK, and the US. This book would be of interest to housing policy makers, as well as academics who are studying the social and political effects of the Chinese housing market.

The Japanese Economy, second edition

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Author :
Publisher : MIT Press
ISBN 13 : 0262357186
Total Pages : 617 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis The Japanese Economy, second edition by : Takatoshi Ito

Download or read book The Japanese Economy, second edition written by Takatoshi Ito and published by MIT Press. This book was released on 2020-01-28 with total page 617 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of a comprehensive account of all the major aspects of the Japanese economy, substantially updated and expanded. This textbook offers a comprehensive, rigorous but accessible account of all the major aspects of the Japanese economy, grounding its approach in mainstream economics. The second edition has been extensively revised and substantially updated, with new material that covers Japan's period of economic stagnation between 1991 and 2010. The first edition, published in 1992, focused on Japan as a success story of catch-up economic development; this edition reflects the lessons learned from Japan's Lost Two Decades. After presenting the historical background, the book begins with macroeconomics, studying growth and business cycles. It then covers essential policy issues, with new material that takes into account the Japanese banking crisis of 1997–1998 and the global financial crisis of 2008–2009, discussing financial regulation, monetary policy, and fiscal policy. It goes on to examine saving, demography, and social security in light of Japan's ongoing demographic transition; industrial organization; labor markets; international trade and international finance; and the Japan–U.S. relationship. A new chapter offers a detailed analysis of the Lost Two Decades, synthesizing and applying concepts discussed in previous chapters and offering insights into such issues as successful catch-up growth, demographic shifts, and credit booms and busts.

Routledge Handbook of Southeast Asian Economics

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Author :
Publisher : Routledge
ISBN 13 : 1317586042
Total Pages : 562 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Routledge Handbook of Southeast Asian Economics by : Ian Coxhead

Download or read book Routledge Handbook of Southeast Asian Economics written by Ian Coxhead and published by Routledge. This book was released on 2014-12-17 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Handbook of Southeast Asian Economics offers new insights into the rapidly-developing economies of Southeast Asia. Despite widespread initial deprivation, Southeast Asia has achieved and sustained a remarkable rate of growth, in the course of which tens of millions have successfully escaped severe poverty. Though the economies of the region vary in many dimensions, integration into the wider East Asian network of production and trade is a notable common feature, one that continues a centuries-long history of engagement with global trade. A second striking feature is the pace and extent of transformation in the structure of production and in sources of household income in the region, which has undergone remarkably rapid industrialization and urban growth. However, the search for sustained and sustainable growth through and beyond middle-income continues to confront pressing economic and policy challenges. This Handbook offers a timely and comprehensive overview of Southeast Asian economic development. Organized according to the logic of chronological and thematic unity, it is structured in these sections: Growth and development over the long term Food, agriculture and natural resources Trade, investment and industrialization Population, labor, and human capital Poverty and political economy Twenty-first century challenges This original Handbook, written by experts in their fields, is unique in the breadth and depth of its coverage. Its forward-looking perspective renders it relevant both now and in the future. This advanced level reference work will be essential reading for students, researchers and scholars of Asian Studies, Economics and Southeast Asian studies.

Immiserizing Growth

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Publisher : Oxford University Press
ISBN 13 : 0192568345
Total Pages : 356 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis Immiserizing Growth by : Paul Shaffer

Download or read book Immiserizing Growth written by Paul Shaffer and published by Oxford University Press. This book was released on 2019-01-10 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Immiserizing growth occurs when growth fails to benefit, or harms, those at the bottom. It is not a new concept, appearing in some of the towering figures of the classical tradition of political economy including Malthus, Ricardo, and Marx. It is also not empirically insignificant, occurring in between 10% and 35% of cases. In spite of this, it has not received its due attention in the academic literature, dominated by the prevailing narrative that 'growth is good for the poor'. Immiserizing Growth: When Growth Fails the Poor challenges this view to arrive at a better understanding of when, why, and how growth fails the poor. Taking a diverse disciplinary perspective, Immiserizing Growth combines discussion of mechanisms of this troubling economic phenomenon with empirical data on trends in growth, poverty, and related welfare indicators. It draws on political economy, applied social anthropology, and development studies, including contributions from experts in these fields. A number of methodological approaches are represented including statistical analysis of household survey and cross-country data, detailed ethnographic work and case study analysis drawing on secondary data. Geographical coverage is wide including Bolivia, the Dominican Republic, Ecuador, India, Indonesia, Mexico, Nigeria, the People's Republic of China, Singapore, and South Korea, in addition to cross-country analysis. This volume is the first full-length treatment of immiserizing growth, and constitutes an important step in redirecting attention to this major challenge.

Leftover Women

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Author :
Publisher : Bloomsbury Publishing
ISBN 13 : 1350323667
Total Pages : 281 pages
Book Rating : 4.3/5 (53 download)

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Book Synopsis Leftover Women by : Leta Hong Fincher

Download or read book Leftover Women written by Leta Hong Fincher and published by Bloomsbury Publishing. This book was released on 2023-11-02 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: A China Books Review Best China Book of 2023 Leta Hong Fincher's landmark book Leftover Women shone a light on the resurgence of gender inequality in 21st-century China. Ten years on, women in China continue to experience a dramatic rolling back of rights and gains in the increasingly patriarchal political climate of the Xi Jinping era. Leftover Women explores the structural discrimination against women and the broader problems with China's economy, politics, and development that lie behind it. This updated edition includes a new preface exploring developments in China in the 10 years since the book's original publication, including the new "three child policy", the growth in online feminist and LGBTQ activism and the state's increasingly repressive moves against dissent.

Asian Development Outlook 2015 Update

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9292571206
Total Pages : 401 pages
Book Rating : 4.2/5 (925 download)

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Book Synopsis Asian Development Outlook 2015 Update by : Asian Development Bank

Download or read book Asian Development Outlook 2015 Update written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-09-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing Asia faces considerable headwinds from slow recovery in the major industrial economies and moderating prospects for the large economies of the People’s Republic of China (PRC) and India. Subdued demand from the industrial economies and the PRC has delayed the expected pickup in growth in other parts of Asia, including Southeast Asia’s larger economies. The region must strengthen its resilience under external shocks. Macroprudential policy can engender enough independence in monetary policy to counter destabilizing capital flows, while a well-developed domestic financial system can alleviate dependence on external borrowing and thereby reduce risk from currency depreciation. The region must mobilize untapped resources to give growth a much needed boost. This Asian Development Outlook Update 2015 highlights how realizing women’s equal rights and contributions to economic and political life can yield ample benefits. While the region has made considerable progress over the past several decades in closing gender gaps in health and education, much remains to be done to erase them in the labor market. This will both marshal more human resources to boost economic growth and do the right thing for women as individuals.