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Economic Implications Of Chinas Demographics In The 21st Century
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Book Synopsis Economic Implications of China's Demographics in the 21st Century by : Mr.Kevin C. Cheng
Download or read book Economic Implications of China's Demographics in the 21st Century written by Mr.Kevin C. Cheng and published by International Monetary Fund. This book was released on 2003-02-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study assesses the economic implications of China's changing population in the 21st century using a numerical general equilibrium model. The simulations show that lower fertility rates yield lower saving rates. Since lower fertility rates reduce the future supply of labor, capital will become less productive. Consequently, if international capital mobility is high in China, a low fertility rate implies more future capital outflows. But if capital is less mobile, low fertility today lowers the domestic return to capital and raises the domestic return to labor. In addition, the paper finds no significant link between demographic structures and per capita income growth.
Book Synopsis Transition and Challenge by : Zhongwei Zhao
Download or read book Transition and Challenge written by Zhongwei Zhao and published by OUP Oxford. This book was released on 2007-02-22 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the largest population in the world, China has experienced significant demographic, social, and economic changes in recent decades. Extraordinary demographic changes took place in China in the second half of the twentieth century having wide-ranging consequences. This book, written by a group of leading experts, examines these profound changes in an effort to understand their long term impact and provide an up-to-date account of China's demographic reality. The volume provides a comprehensive and authoritative analysis of a wide range of issues such as China's unprecedented family planning program, the impact of falling birth rates coupled with increasing life expectancy, changes in marriage patterns, and increasing rural-urban migration. Anyone who is interested in China and its recent demographic changes will benefit from the rich materials and thorough analysis provided in this book.
Book Synopsis Economic Implications of China's Demographics in the 21st Century by : Kevin C. Cheng
Download or read book Economic Implications of China's Demographics in the 21st Century written by Kevin C. Cheng and published by . This book was released on 2003 with total page 36 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 A Contest for Supremacy: China, America, and the Struggle for Mastery in Asia by : Aaron L. Friedberg
Download or read book A Contest for Supremacy: China, America, and the Struggle for Mastery in Asia written by Aaron L. Friedberg and published by W. W. Norton & Company. This book was released on 2011-08-15 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Sober and well-informed. . . . A careful and compelling examination of the U.S.-Chinese relationship from a number of angles.”—Financial Times There may be no denying China's growing economic strength, but its impact on the global balance of power remains hotly contested. Political scientist Aaron L. Friedberg argues that our nation's leaders are failing to act expeditiously enough to counter China's growing strength. He explains how the United States and China define their goals and reveals the strategies each is now employing to achieve its ends. Friedberg demonstrates in this provocative book that the ultimate aim of Chinese policymakers is to "win without fighting," displacing the United States as the leading power in Asia while avoiding direct confrontation. The United States, on the other hand, sends misleading signals about our commitments and resolve, putting us at risk for a war that might otherwise have been avoided. A much-needed wake-up call to U.S. leaders and policymakers, A Contest for Supremacy is a compelling interpretation of a rivalry that will go far to determine the shape of the twenty-first century.
Book Synopsis Civil-military Relations in Today's China: Swimming in a New Sea by : David M. Finkelstein
Download or read book Civil-military Relations in Today's China: Swimming in a New Sea written by David M. Finkelstein and published by Routledge. This book was released on 2015-03-26 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work provides an in-depth and up-to-date examination of civil-military relations in China. It reflects the significant changes taking place in Chinese society and their impact on the civil-military dynamic, with particular attention to how the military will fit in with the new class of entrepreneurs. Rather than focusing exclusively on elite Party-Army relations, the book examines civil-military relations from various vantage points: at "the center" and in the provinces; between civilian leaders and military leaders; from a strictly military perspective and from a civilian perspective; and from the angle of specific issue areas. Chapters explore issues, such as the impact of AIDS, the defense budget, the emerging dynamic between the military and China's new leadership, resettling demobilized troops back into civilian life, and the role of the militia, reserve units, and other civilian groups. The contributors are highly respected specialists in China studies, including political scientists, historians, PLA specialists, and sociologists. They present a vibrant portrait of the new civil-military dynamic in the PRC within the complex social changes that China is exploring today.
Book Synopsis Providing Public Goods in Transitional China by : A. Saich
Download or read book Providing Public Goods in Transitional China written by A. Saich and published by Springer. This book was released on 2008-09-29 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's leaders are confronted with building a new support system in the countryside, shifting the burden in urban China from the factory to the local state, and integrating new social groups into existing systems. This book comprises a detailed study of healthcare, disease control, social insurance and social relief.
Book Synopsis What Drives Global Capital Flows? by : B. Brown
Download or read book What Drives Global Capital Flows? written by B. Brown and published by Springer. This book was released on 2006-07-12 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital flows from Asia into the US challenge many assumptions of international financial analysis. This book presents a novel geography of these flows, revealing their driving forces and assessing the market mechanisms necessary for a smooth global flow of funds. It is essential for all those interested in international finance.
Download or read book Pensionomics written by Matthias F. Jäkel and published by Springer Science & Business Media. This book was released on 2006-10-06 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pensionomics puts forward a portfolio perspective on the combination of funded and unfunded pension arrangements. In a second-best type argument it is formally shown that a Pay-As-You-Go pension system can substitute the tradability of human capital. While this ideal form of diversification can not be implemented due to the imperfection of capital markets, one can design a typical Pay-As-You-Go system in such a way that it allows for the same intertemporal consumption allocations as the first-best solution.
Book Synopsis Enhancing China's Competitiveness Through Lifelong Learning by : Carl J. Dahlman
Download or read book Enhancing China's Competitiveness Through Lifelong Learning written by Carl J. Dahlman and published by World Bank Publications. This book was released on 2007 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the issues and steps involved in building a lifelong learning system in China, including: a coherent policy framework, a sound incentive and institutional framework, a sound regulatory environment, a coordinated governance process, a timely and reliable management information system, a dynamic link with the evolving global system, and the optimal use of limited resources.
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.
Book Synopsis Global Trends 2040 by : National Intelligence Council
Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Book Synopsis Power and Restraint by : Richard Rosecrance
Download or read book Power and Restraint written by Richard Rosecrance and published by PublicAffairs. This book was released on 2009-03-03 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over several years, some of the most distinguished Chinese and American scholars have engaged in a major research project, sponsored by the China–U.S. Exchange Foundation (USEF), to address the big bilateral and global issues the two countries face. Historically, the ascension of a great power has resulted in armed conflict. This group of scholars—experts in politics, economics, international security, and environmental studies—set out to establish consensus on potentially contentious issues and elaborate areas where the two nations can work together to achieve common goals. Featuring essays on global warming, trade relations, Taiwan, democratization, WMDs and bilateral humanitarian intervention, Power and Restraint finds that China and the United States can exist side by side and establish mutual understanding to better cope with the common challenges they face.
Book Synopsis Competitive Cities in the 21st Century by : Kyeong Ae Choe
Download or read book Competitive Cities in the 21st Century written by Kyeong Ae Choe and published by Asian Development Bank. This book was released on 2011-10-01 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic challenges in developing Asian countries have become more complex: urban populations are growing at great cost to the environment, climate change has increased risks of natural disasters, and income gaps within and between developing countries are widening. These factors threaten the sustainable growth and development of urban areas, the drivers of Asia's economy. A strategic approach for inclusive growth is needed. The City Cluster Economic Development approach provides a strategic framework and a set of analytical tools, which governments, businesses, and communities can use to support the inclusive and sustainable development of competitive urban economies in Asia. Said approach was developed and tested by the Asian Development Bank to improve the basis for integrated planning and development of urban regions in Asia and the Pacific. It also elps urban managers and other city stakeholders identify action plans and determine priority investment areas.
Book Synopsis Trade in the 21st Century by : Bernard M. Hoekman
Download or read book Trade in the 21st Century written by Bernard M. Hoekman and published by Brookings Institution Press. This book was released on 2021-01-19 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite troubled trade negotiations, global trade—and trade policy—will thrive in the twenty-first century, but with a bow to the past. Is the multilateral trading order of the twentieth century a historical artifact? Was the creation of the World Trade Organization in 1995 the high point of multilateral cooperation on trade? This new volume, edited by Bernard M. Hoekman and Ernesto Zedillo, assesses the relevance of the WTO in the context of the rise of China and the United States' turn toward unilateral protectionism. The contributors adopt a historical perspective to discuss changes in global trade policy trends, adducing lessons from the past to help understand current trade tensions. Topics include responses to U.S. protectionism under the Trump administration, the policy dimensions of trade in services and the rise of the digital economy, how to strengthen the WTO to better negotiate new rules of the game and adjudicate disputes, managing China's integration into the global trade system, and the implications of global value chains for economic development policies. By reflecting on past episodes of protectionism and how they were resolved, Trade in the 21st Century provides both context and guidance on how trade challenges can be addressed in the coming decades.
Download or read book China 2049 written by David Dollar and published by Brookings Institution Press. This book was released on 2020-06-09 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world.
Author :Kevin C. Cheng Publisher :Ann Arbor, Mich. : University Microfilms International ISBN 13 : Total Pages :88 pages Book Rating :4.:/5 (318 download)
Book Synopsis Economic Implications of China's Population in the 21st Century by : Kevin C. Cheng
Download or read book Economic Implications of China's Population in the 21st Century written by Kevin C. Cheng and published by Ann Arbor, Mich. : University Microfilms International. This book was released on 2002 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
