Allocation of Resources in the Soviet Union and China

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Publisher :
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.:/5 (312 download)

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Book Synopsis Allocation of Resources in the Soviet Union and China by : United States. Congress. Joint Economic Committee. Subcommittee on Priorities and Economy in Government

Download or read book Allocation of Resources in the Soviet Union and China written by United States. Congress. Joint Economic Committee. Subcommittee on Priorities and Economy in Government and published by . This book was released on 1976 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Allocation of resources in the Soviet Union and China--1980

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Author :
Publisher :
ISBN 13 :
Total Pages : 178 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Allocation of resources in the Soviet Union and China--1980 by : United States. Congress. Joint Economic Committee. Subcommittee on Priorities and Economy in Government

Download or read book Allocation of resources in the Soviet Union and China--1980 written by United States. Congress. Joint Economic Committee. Subcommittee on Priorities and Economy in Government and published by . This book was released on 1981 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oxford Bibliographies

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (949 download)

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Book Synopsis Oxford Bibliographies by :

Download or read book Oxford Bibliographies written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

China's Economic Rise

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781976466953
Total Pages : 52 pages
Book Rating : 4.4/5 (669 download)

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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.

The Struggle to Save the Soviet Economy

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Publisher : UNC Press Books
ISBN 13 : 1469630184
Total Pages : 262 pages
Book Rating : 4.4/5 (696 download)

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Book Synopsis The Struggle to Save the Soviet Economy by : Chris Miller

Download or read book The Struggle to Save the Soviet Economy written by Chris Miller and published by UNC Press Books. This book was released on 2016-10-13 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: For half a century the Soviet economy was inefficient but stable. In the late 1980s, to the surprise of nearly everyone, it suddenly collapsed. Why did this happen? And what role did Soviet leader Mikhail Gorbachev's economic reforms play in the country's dissolution? In this groundbreaking study, Chris Miller shows that Gorbachev and his allies tried to learn from the great success story of transitions from socialism to capitalism, Deng Xiaoping's China. Why, then, were efforts to revitalize Soviet socialism so much less successful than in China? Making use of never-before-studied documents from the Soviet politburo and other archives, Miller argues that the difference between the Soviet Union and China--and the ultimate cause of the Soviet collapse--was not economics but politics. The Soviet government was divided by bitter conflict, and Gorbachev, the ostensible Soviet autocrat, was unable to outmaneuver the interest groups that were threatened by his economic reforms. Miller's analysis settles long-standing debates about the politics and economics of perestroika, transforming our understanding of the causes of the Soviet Union's rapid demise.

Shadow Cold War

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Publisher : UNC Press Books
ISBN 13 : 1469623773
Total Pages : 304 pages
Book Rating : 4.4/5 (696 download)

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Book Synopsis Shadow Cold War by : Jeremy Friedman

Download or read book Shadow Cold War written by Jeremy Friedman and published by UNC Press Books. This book was released on 2015-10-15 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The conflict between the United States and the Soviet Union during the Cold War has long been understood in a global context, but Jeremy Friedman's Shadow Cold War delves deeper into the era to examine the competition between the Soviet Union and the People's Republic of China for the leadership of the world revolution. When a world of newly independent states emerged from decolonization desperately poor and politically disorganized, Moscow and Beijing turned their focus to attracting these new entities, setting the stage for Sino-Soviet competition. Based on archival research from ten countries, including new materials from Russia and China, many no longer accessible to researchers, this book examines how China sought to mobilize Asia, Africa, and Latin America to seize the revolutionary mantle from the Soviet Union. The Soviet Union adapted to win it back, transforming the nature of socialist revolution in the process. This groundbreaking book is the first to explore the significance of this second Cold War that China and the Soviet Union fought in the shadow of the capitalist-communist clash.

Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization

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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 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.

How China Escaped Shock Therapy

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Publisher : Routledge
ISBN 13 : 042995395X
Total Pages : 256 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis How China Escaped Shock Therapy by : Isabella M. Weber

Download or read book How China Escaped Shock Therapy written by Isabella M. Weber and published by Routledge. This book was released on 2021-05-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.

Red Plenty

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Publisher : Graywolf Press
ISBN 13 : 1555970419
Total Pages : 437 pages
Book Rating : 4.5/5 (559 download)

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Book Synopsis Red Plenty by : Francis Spufford

Download or read book Red Plenty written by Francis Spufford and published by Graywolf Press. This book was released on 2012-02-14 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Spufford cunningly maps out a literary genre of his own . . . Freewheeling and fabulous." —The Times (London) Strange as it may seem, the gray, oppressive USSR was founded on a fairy tale. It was built on the twentieth-century magic called "the planned economy," which was going to gush forth an abundance of good things that the lands of capitalism could never match. And just for a little while, in the heady years of the late 1950s, the magic seemed to be working. Red Plenty is about that moment in history, and how it came, and how it went away; about the brief era when, under the rash leadership of Khrushchev, the Soviet Union looked forward to a future of rich communists and envious capitalists, when Moscow would out-glitter Manhattan and every Lada would be better engineered than a Porsche. It's about the scientists who did their genuinely brilliant best to make the dream come true, to give the tyranny its happy ending. Red Plenty is history, it's fiction, it's as ambitious as Sputnik, as uncompromising as an Aeroflot flight attendant, and as different from what you were expecting as a glass of Soviet champagne.

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.

The Sino-Soviet Alliance

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Publisher : UNC Press Books
ISBN 13 : 1469611600
Total Pages : 348 pages
Book Rating : 4.4/5 (696 download)

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Book Synopsis The Sino-Soviet Alliance by : Austin Jersild

Download or read book The Sino-Soviet Alliance written by Austin Jersild and published by UNC Press Books. This book was released on 2014-02-03 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1950 the Soviet Union and the People's Republic of China signed a Treaty of Friendship, Alliance, and Mutual Assistance to foster cultural and technological cooperation between the Soviet bloc and the PRC. While this treaty was intended as a break with the colonial past, Austin Jersild argues that the alliance ultimately failed because the enduring problem of Russian imperialism led to Chinese frustration with the Soviets. Jersild zeros in on the ground-level experiences of the socialist bloc advisers in China, who were involved in everything from the development of university curricula, the exploration for oil, and railway construction to piano lessons. Their goal was to reproduce a Chinese administrative elite in their own image that could serve as a valuable ally in the Soviet bloc's struggle against the United States. Interestingly, the USSR's allies in Central Europe were as frustrated by the "great power chauvinism" of the Soviet Union as was China. By exposing this aspect of the story, Jersild shows how the alliance, and finally the split, had a true international dimension.

CIA Assessments of the Soviet Union

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Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis CIA Assessments of the Soviet Union by : Douglas J. MacEachin

Download or read book CIA Assessments of the Soviet Union written by Douglas J. MacEachin and published by . This book was released on 1996 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Allocation of Resources in the Soviet Union and China

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Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.:/5 ( download)

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Book Synopsis Allocation of Resources in the Soviet Union and China by : United States. Congress. Joint Economic Committee. Subcommittee on Priorities and Economy in Government

Download or read book Allocation of Resources in the Soviet Union and China written by United States. Congress. Joint Economic Committee. Subcommittee on Priorities and Economy in Government and published by . This book was released on 1974 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Ten Crises

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Publisher : Springer Nature
ISBN 13 : 981160455X
Total Pages : 538 pages
Book Rating : 4.8/5 (116 download)

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Book Synopsis Ten Crises by : Tiejun Wen

Download or read book Ten Crises written by Tiejun Wen and published by Springer Nature. This book was released on 2021 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access handbook, Ten Crises systematically traces the economic history of China from 1949 to 2020, unravelling the complex domestic and global factors leading to the cyclical crises identified by WEN and his research team, and examining the corresponding counteracting policies and measures by the government to resolve or defer the crises. The book offers profound insights into China's endeavours and predicaments on the path of modernization, and contemplates opportunities and lessons for the forging of alternative trajectories not only for China but also for the global south: to reconstruct rural communities for integrated cooperation and governance, and to revitalize ecological civilization.

China and the Major Powers in East Asia

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Publisher : Brookings Institution Press
ISBN 13 : 9780815723059
Total Pages : 516 pages
Book Rating : 4.7/5 (23 download)

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Book Synopsis China and the Major Powers in East Asia by : A. Doak Barnett

Download or read book China and the Major Powers in East Asia written by A. Doak Barnett and published by Brookings Institution Press. This book was released on 2001-09-19 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: The foreign policy of the People's Republic of China has been dominated in recent decades by the problems of dealing with the other major powers in East Asia. Although many ideological, political, and economic aims have shaped particular Chinese policies, Peking's dominant concern has been national security. Since the late 1960s, its leaders have viewed the Soviet Union as the primary threat to China and have pursued a distinctive, Maoist, balance-of-power strategy against it. China's post-Mao leaders continue to give priority to strategic considerations and the problems of relations with the other major powers. It cannot be assumed, however, that they will simply continue past policies. The recent changes both within China and in the broad pattern of international relations in East Asia have created a new situation. In this study, A. Doak Barnett analyzes in detail China's bilateral relations with the Soviet Union, Japan, and the United States. He also examines the changing nature of the four-power relationship in East Asia. On this basis, he discusses possible future trends in Chinese policy and the prospects for achieving a more stable regional equilibrium.

The Institutional Evolution of China

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Publisher : Edward Elgar Publishing
ISBN 13 : 178471691X
Total Pages : 421 pages
Book Rating : 4.7/5 (847 download)

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Book Synopsis The Institutional Evolution of China by : Fan Zhang

Download or read book The Institutional Evolution of China written by Fan Zhang and published by Edward Elgar Publishing. This book was released on 2018-09-28 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's recent evolution is not only a story of extraordinary economic growth but also a story of great institutional change. Fan Zhang challenges traditional theory to explain the real origins of China's reform, the political and economic forces driving it, and the reasoning behind its stagnation. The institutional re-arrangement of government and market has been crucial in this marketization process. Using a wealth of documents and cases, Zhang provides a detailed analysis of China's institutional changes over the past 40 years, focusing on the government-market relationship. A theoretical framework is presented to explain the targets and incentives of government and business firms in a bureaucratic-market system, which promoted economic growth, but also fostered corruption and resulted in a re-centralisation of the system. Using an index of marketization in China since 1978, Zhang shows that overall, market expansion has continued but with diminishing marginal gains. The government control of financial resources that had previously been relaxed in the early years of reform has been enhanced to some extent as a result of the changing institutional environment. Policy makers dealing with China-related policies, researchers and postgraduate students in political science, economics and Chinese studies will find this book a compelling exploration of the current and constant cooperation and conflict between government and market.

Mao's China and the Cold War

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Publisher : Univ of North Carolina Press
ISBN 13 : 0807898902
Total Pages : 415 pages
Book Rating : 4.8/5 (78 download)

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Book Synopsis Mao's China and the Cold War by : Jian Chen

Download or read book Mao's China and the Cold War written by Jian Chen and published by Univ of North Carolina Press. This book was released on 2010-03-15 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive study of China's Cold War experience reveals the crucial role Beijing played in shaping the orientation of the global Cold War and the confrontation between the United States and the Soviet Union. The success of China's Communist revolution in 1949 set the stage, Chen says. The Korean War, the Taiwan Strait crises, and the Vietnam War--all of which involved China as a central actor--represented the only major "hot" conflicts during the Cold War period, making East Asia the main battlefield of the Cold War, while creating conditions to prevent the two superpowers from engaging in a direct military showdown. Beijing's split with Moscow and rapprochement with Washington fundamentally transformed the international balance of power, argues Chen, eventually leading to the end of the Cold War with the collapse of the Soviet Empire and the decline of international communism. Based on sources that include recently declassified Chinese documents, the book offers pathbreaking insights into the course and outcome of the Cold War.