The Butterfly Effect In Chinas Economic Growth

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The Butterfly Effect in China’s Economic Growth

Author : Wei-Bin Zhang
Publisher : Springer Nature
ISBN 13 : 9811598894
Total Pages : 224 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis The Butterfly Effect in China’s Economic Growth by : Wei-Bin Zhang

Download or read book The Butterfly Effect in China’s Economic Growth written by Wei-Bin Zhang and published by Springer Nature. This book was released on 2020-11-24 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the butterfly effect in China's modern economic development during the period of 1978–2018. In chaos theory, the butterfly effect refers to a phenomenon that a butterfly flaps its wings in Okinawa, and subsequently a storm may ravage New York. Deng applied a trivial idea, called the market mechanism, to China’s countryside in 1978. The idea has subsequently caused economic structural changes and fast growth in the economy with the largest population in human history. China’s per capita GDP jumped from $100 in 1978 to over US$8,000 in 2018. Eight hundred million people have made a great escape from poverty. By 2018, China was the world’s second-largest economy from its 10th position in 1978 with its 9 per cent average annual growth rate of GDP in the previous four decades. This illuminating book will be of value to economists, scholars of China, and historians.

The Butterfly Effect in China's Economic Growth

Author : Wei-Bin Zhang
Publisher :
ISBN 13 : 9789811598906
Total Pages : 0 pages
Book Rating : 4.5/5 (989 download)

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Book Synopsis The Butterfly Effect in China's Economic Growth by : Wei-Bin Zhang

Download or read book The Butterfly Effect in China's Economic Growth written by Wei-Bin Zhang and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the butterfly effect in China's modern economic development during the period of 1978-2018. In chaos theory, the butterfly effect refers to a phenomenon that a butterfly flaps its wings in Okinawa, and subsequently a storm may ravage New York. Deng applied a trivial idea, called the market mechanism, to China's countryside in 1978. The idea has subsequently caused economic structural changes and fast growth in the economy with the largest population in human history. China's per capita GDP jumped from $100 in 1978 to over US$8,000 in 2018. Eight hundred million people have made a great escape from poverty. By 2018, China was the world's second-largest economy from its 10th position in 1978 with its 9 per cent average annual growth rate of GDP in the previous four decades. This illuminating book will be of value to economists, scholars of China, and historians. Wei-Bin Zhang, Ph.D. (Umeå, Sweden), is Professor of Economics in Ritsumeikan Asia Pacific University (APU), Japan. He was graduated in 1982 from the Department of Geography, Beijing University, China. He completed graduate study at the Department of Civil Engineering, Kyoto University, Japan. After he completed his dissertation on economic growth theory, he researched at the Swedish Institute for Futures Studies in Stockholm for 10 years. During the Swedish period, he also worked as visiting scholars in USA, Japan, Mainland China, Austria, and Hong Kong. He taught at the Department of Economics, NUS, until May 2000, for one and half years, after he had been appointed as Tenured Professor at APU in 1998. His main research fields are nonlinear economic dynamics, growth theory, trade theory, East Asian economic development, and Confucianism. He has single-authorized about 360 academic articles (240 in peer-review international journals) and authorized 23 academic books in English by international publishing houses. Prof. Zhang is one of the editorial board members of 15 international journals.

The New Silk Road and the Innovation Economy in China

Author : Jon-Arild Johannessen
Publisher : Taylor & Francis
ISBN 13 : 1000837238
Total Pages : 216 pages
Book Rating : 4.0/5 (8 download)

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Book Synopsis The New Silk Road and the Innovation Economy in China by : Jon-Arild Johannessen

Download or read book The New Silk Road and the Innovation Economy in China written by Jon-Arild Johannessen and published by Taylor & Francis. This book was released on 2023-02-28 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides deep insight into the emergent Chinese innovation economy, as we head towards the Fourth Industrial Revolution. It describes, discusses and analyzes the period from China’s opening up to foreign investment in the 1980s until the New Silk Road project, from 2013 onwards. The developments are assessed from a systemic thinking and evolutionary economic standpoint. The book presents the latest research findings on the direction and achievements of the Belt and Road Initiative, and the results both for China, the countries along the new Silk Road, as well as for Europe and the United States are brought to light. The author asserts that the phenomenon of the New Silk Road as an innovation generator can be understood and explained through the effects of various social mechanisms. He labels these five social mechanisms as: the locomotive force; the explosive force of the butterfly effect; the force of co-creation; the force of expectation; and the force of competence. The book presents 20 cases to substantiate the descriptions, analysis, theoretical reflections and the practical utility of the questions examined in each chapter. It utilizes economic history research methods, scenario thinking, futures research and conceptual generalization to offer different views on the research problem under investigation. Further, the book offers policy suggestions, which include promoting effective macroeconomic policies, and extending microeconomic cooperation schemes, related to the innovation economy. The book will appeal to academics, researchers and graduate students concerned with Chinese economic expansion, Chinese foreign policy and US- and Europe-China relations, as well as policymakers and political advisors.

China’s Economic Reform and Development during the 13th Five-Year Plan Period

Author : Gang Lin
Publisher : Routledge
ISBN 13 : 1351611119
Total Pages : 238 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis China’s Economic Reform and Development during the 13th Five-Year Plan Period by : Gang Lin

Download or read book China’s Economic Reform and Development during the 13th Five-Year Plan Period written by Gang Lin and published by Routledge. This book was released on 2020-09-23 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Five-Year Plans" have been a cornerstone of Chinese social and economic development initiatives since 1953. During the thirteenth of these periods between 2016 and 2020, the global economy has experienced instability after the financial crisis, as well as political and economic reconfiguration. Drawing on modern economic theory, this book comprehensively discusses China's economic development in this crucial phase. The book analyzes the international economic environment, and asks how China’s continued reform and opening-up can fit with the new era of economic globalization. It also presents the difficulties China faces in such fields as urbanization, the coordination of regional development and urban-rural integration, economic reform, and the reform of factor markets and state-owned enterprises. The book outlines many medium-term development rules along with key characteristics of China's economy, helping international readers fully understand likely future trajectories for the Chinese economy.

The Butterfly Defect

Author : Ian Goldin
Publisher : Princeton University Press
ISBN 13 : 0691168423
Total Pages : 320 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis The Butterfly Defect by : Ian Goldin

Download or read book The Butterfly Defect written by Ian Goldin and published by Princeton University Press. This book was released on 2015-10-20 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to better manage systemic risks—from cyber attacks and pandemics to financial crises and climate change—in a globalized world The Butterfly Defect addresses the widening gap between the new systemic risks generated by globalization and their effective management. It shows how the dynamics of turbo-charged globalization has the potential and power to destabilize our societies. Drawing on the latest insights from a wide variety of disciplines, Ian Goldin and Mike Mariathasan provide practical guidance for how governments, businesses, and individuals can better manage globalization and risk. Goldin and Mariathasan demonstrate that systemic risk issues are now endemic everywhere—in supply chains, pandemics, infrastructure, ecology and climate change, economics, and politics. Unless we address these concerns, they will lead to greater protectionism, xenophobia, nationalism, and, inevitably, deglobalization, rising inequality, conflict, and slower growth. The Butterfly Defect shows that mitigating uncertainty and risk in an interconnected world is an essential task for our future.

Han Feizi's Political Economic Thought and Leadership

Author : Wei-Bin Zhang
Publisher : Ethics International Press
ISBN 13 : 1804417777
Total Pages : 227 pages
Book Rating : 4.8/5 (44 download)

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Book Synopsis Han Feizi's Political Economic Thought and Leadership by : Wei-Bin Zhang

Download or read book Han Feizi's Political Economic Thought and Leadership written by Wei-Bin Zhang and published by Ethics International Press. This book was released on 2024-08-06 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to read Han Feizi (c.280 – 233 BC) in the light of Western thought, especially, Machiavelli. Han Feizi is one of the most important philosophical thinkers in ancient China and is still widely read by politicians and business leaders in East Asia. His ideas are often compared with those in Machiavelli's The Prince. Han Feizi argues that political institutions must change with changing circumstances. His work can also be compared with that of Adam Smith, but differs in consideration of economic system and moral sentiments. Han Feizi highly values action, practical skills, useful knowledge (not formal education like Confucianism), absolute obedience, loyalty (based on self-interests), and duty. The key tool to operate the system is objective law (and its effective practice) with fair rewards and punishments. As mainland China, and overseas Chinese-influenced and Confucian societies including Taiwan, Hong Kong, Singapore, South Korea, North Korea, and Vietnam are rapidly modernized, this classic work, created in the golden period of Chinese thought, carries ongoing relevance and gives deep insights. This is an important resource for people with intellectual, business or politics interests in East Asia, to help to interpret, understand, and predict political and business decisions in the Confucian regions.

America the Great and Its Self-Destruction

Author : Wei Bin Zhang
Publisher : Algora Publishing
ISBN 13 : 1628944781
Total Pages : 272 pages
Book Rating : 4.6/5 (289 download)

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Book Synopsis America the Great and Its Self-Destruction by : Wei Bin Zhang

Download or read book America the Great and Its Self-Destruction written by Wei Bin Zhang and published by Algora Publishing. This book was released on 2021-10-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The accelerating self-destruction of the United States cannot be hidden when the loss of productivity, loss of faith in government, enflamed identity politics and social fragmentation are constant and are clearly documented. Any national assessment should be grounded in facts, and Prof. Zhang provides a plethora of economic data as a baseline for discussion. The figures and graphs reveal many sides of America that we may generally miss. In addition, Chinese and other Asians familiar with ancient Confucianism have their own sources of wisdom and commentary to guide them in assessing how they and their neighbors think and behave. Here, a Chinese academic familiar with both worlds shares his impressions and his conclusions. Prof. Zhang juxtaposes the political, economic and cultural behavior of America with sparkling quotes from Confucius, Mencius, Xun Zi, as well as Western classical thinkers from Plato to Quesnay and Weber. The book gives us a new perspective on our country — with insights as well from Chaos Theory. In this book we explore how the basic concepts of the yin-yang vision, and socioeconomic chaos theory, can help us understand American civilization, what it represents, and the natural cycles it is going through. Confucianism is more rationalist and sober, in the sense of the absence and the rejection of all non-utilitarian yardsticks, than any other ethical system, with the possible exception of J. Bentham’s. The author presents data on American economic and social trends, and systematically compares the basic ideas of Confucius and Adam Smith. These are interwoven with hundreds of pithy observations on America from a wide spectrum of commentators, from intellectual lumaries to Hollywood stars. The aim of studying the history of human societies, the author says, is to find the equations, i.e., mechanisms, of historical evolution; by stepping back to view events from different perspectives he seeks to present America as an organic whole, going beyond a partial, one-sided view of history — neither the patrician perspective nor that of the workers and the poor. The book is basically an application of the author’s general theory on socioeconomic evolution to provide some insights into America’s evolution by viewing it under an alternative ethical system (ancient Confucianism), with insights from chaos theory.

Complexity Theory and Uncertainties

Author : Wei-Bin Zhang
Publisher : Springer Nature
ISBN 13 : 3031423941
Total Pages : 132 pages
Book Rating : 4.0/5 (314 download)

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Book Synopsis Complexity Theory and Uncertainties by : Wei-Bin Zhang

Download or read book Complexity Theory and Uncertainties written by Wei-Bin Zhang and published by Springer Nature. This book was released on 2023-11-13 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an overview of recent developments of complexity theory within the realm of social sciences. At a time when global and local social, political, cultural, and economic affairs are engulfed in chaos, this book sheds light on the mechanisms of uncertainties, offering new visions and frameworks for analyzing the nonlinear interactions between individuals, societies, and the environment. From exploring the foundational elements that shape our understanding of humanity, such as worldviews, justice, and trust, to applying complexity theory in the realms of politics, economics, management, strategies, and wars, this monograph provides a comprehensive examination of its far-reaching implications. By examining historical bifurcations and structural changes in American history and China's modern development, it emphasizes how complexity theory can serve as a bridge for intellectual and cultural communication between Western (Newtonian) and East Asian (yin-yang-based) civilizations. Moreover, the book elucidates that nonlinear phenomena, including bifurcations, catastrophes, structural changes, emergence of structures, and chaos, are integral aspects of human evolution. It unveils the positive potential within chaos, demonstrating that a comprehensive understanding of catastrophic mechanisms enables humanity to prevent global disasters by leading systems to chaotic attractors without destructive consequences. Through an exploration of the intricate interdependencies among individuals, societies, and the environment, this book offers a unique and comprehensive introduction to the application of complexity theory to the realm of humanity.

Routledge Handbook of Chinese Security

Author : Lowell Dittmer
Publisher : Routledge
ISBN 13 : 1317496558
Total Pages : 392 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Routledge Handbook of Chinese Security by : Lowell Dittmer

Download or read book Routledge Handbook of Chinese Security written by Lowell Dittmer and published by Routledge. This book was released on 2015-05-08 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Located in the center of Asia with one of the largest land frontiers in the world and 14 neighbors whose dispositions could not easily be predicted, China has long been obsessed with security. In this handbook, an internationally renowned team of contributors provide a comprehensive and systematic analysis of contemporary thinking about Chinese national security. Chapters cover the PRC's historical, ideological and doctrinal heritage related to security, its security arrangements and policies targeting key regions and nations of the world, the security aspects of the PRC's ground, air, sea, space and cyber forces, as well as the changing and expanding definition and scope of China's security theory and practice.

China's Economic Development Strategies: Transformation And Innovation

Author : Rui Liu
Publisher : World Scientific
ISBN 13 : 9811205620
Total Pages : 347 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis China's Economic Development Strategies: Transformation And Innovation by : Rui Liu

Download or read book China's Economic Development Strategies: Transformation And Innovation written by Rui Liu and published by World Scientific. This book was released on 2020-04-28 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is a powerful engine of the global economy and the country's rise is undoubtedly the outcome of its protracted campaign of designing and implementing national development strategies since the founding of the People's Republic of China in 1949. This book reviews the transformation and innovation of China's economic development strategies, especially Deng Xiaoping's Three-Step strategy and Xi Jinping's internal and external strategies. By introducing the concept of strategic paradigm, it analyzes the theoretical basis of myriads of economic development strategies and predicts China's choice. With the evolutionary process and the outstanding problems in national development planning as the main thread, it discusses the improvement of the national planning system, specifically of the national overall planning system, the regional planning system, the interplay and conflict between regional planning. It also studies the reform of city-county planning system, major function-oriented zones (MFOZs) and planning legislation and institutionalization. It also attempts to put forward proposals to coordinate the interests of planning departments and make different types of planning at different administrative levels compatible.

The Butterfly Effect in Competitive Markets

Author : . Rajagopal
Publisher : Springer
ISBN 13 : 113743497X
Total Pages : 269 pages
Book Rating : 4.1/5 (374 download)

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Book Synopsis The Butterfly Effect in Competitive Markets by : . Rajagopal

Download or read book The Butterfly Effect in Competitive Markets written by . Rajagopal and published by Springer. This book was released on 2015-03-04 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an introduction to the concept of entrepreneurship and entrepreneurial business management. It covers many elements of the entrepreneurial management discipline including choosing a business, organizing, financing, marketing, developing an offering that the market will value, and growing the business in all its dimensions.

China's Air Pollution Problems

Author : Claudio O. Delang
Publisher : Routledge
ISBN 13 : 131720929X
Total Pages : 116 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis China's Air Pollution Problems by : Claudio O. Delang

Download or read book China's Air Pollution Problems written by Claudio O. Delang and published by Routledge. This book was released on 2016-04-20 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s rapid industrialisation has led to "an air pollution catastrophe". Concerted efforts to achieve economic growth have led to veiled skies of toxic air and created health and morbidity problems as well as tremendous environmental degradation. China’s Air Pollution Problems provides an overview of air pollution in China describing how and why China has ended up in such a dire situation, what the government is doing to address the problem and the difficulties it is encountering in attempting to reduce the pollution. The analysis is based on both grey literature (newspaper articles, NGO reports, Chinese government information) and on academic studies. The grey literature gives a voice to those who suffer from the pollution, their advocates, and government officers, and allows the reader to better grasp the conditions on the ground, and the impact of air pollution among people in different areas in China. The academic literature adds a theoretical perspective and brings these different case studies into a broader context. This book will be of great interest to students of environmental pollution and contemporary Chinese studies looking for an introduction to the topic and also for researchers looking for an extensive list of sources and analysis of China's environmental problems.

The Matthew Effect

Author : Daniel Rigney
Publisher : Columbia University Press
ISBN 13 : 0231520409
Total Pages : 176 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis The Matthew Effect by : Daniel Rigney

Download or read book The Matthew Effect written by Daniel Rigney and published by Columbia University Press. This book was released on 2010-02-23 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The old saying does often seem to hold true: the rich get richer while the poor get poorer, creating a widening gap between those who have more and those who have less. The sociologist Robert K. Merton called this phenomenon the Matthew effect, named after a passage in the gospel of Matthew. Yet the more closely we examine the sociological effects of this principle, the more complicated the idea becomes. Initial advantage doesn't always lead to further advantage, and disadvantage doesn't necessarily translate into failure. Does this theory need to be revisited? Merton's arguments have significant implications for our conceptions of equality and justice, and they challenge our beliefs about culture, education, and public policy. His hypothesis has been examined across a variety of social arenas, including science, technology, politics, and schooling, to see if, in fact, advantage begets further advantage. Daniel Rigney is the first to evaluate Merton's theory of cumulative advantage extensively, considering both the conditions that uphold the Matthew effect and the circumstances that cause it to fail. He explores whether growing inequality is beyond human control or disparity is socially constructed and subject to change. Reexamining our core assumptions about society, Rigney causes us to rethink the sources of inequity.

Government, Business, and the American Economy

Author : Robert Langran
Publisher : Rowman & Littlefield
ISBN 13 : 9780742553248
Total Pages : 400 pages
Book Rating : 4.5/5 (532 download)

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Book Synopsis Government, Business, and the American Economy by : Robert Langran

Download or read book Government, Business, and the American Economy written by Robert Langran and published by Rowman & Littlefield. This book was released on 2007 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Integrating approaches from political science, the study of business, and economics into a unified whole, Government, Business, and the American Economy, Second Edition, explores the many ways in which governments and the business world are interconnected. Topical coverage focuses on the role of government in the American economy; government and antitrust laws; social regulation of business; and the deregulation of U.S. transportation, financial, and communications institutions. On the global scene, international trade is emphasized along with economic development in less developed countries and terrorism and security. In addition, the authors carefully examine the important decisions rendered by the Supreme Court in this field, as well as relevant statutes passed by Congress and presidential actions that have directly impacted business. In addition to encompassing the major areas in which governments and businesses are involved with each other, the text explores the nature of the relationship and the extent to which each entity needs the other in order to survive.

The Nexus of Economics, Security, and International Relations in East Asia

Author : Avery Goldstein
Publisher : Stanford University Press
ISBN 13 : 0804783349
Total Pages : 285 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis The Nexus of Economics, Security, and International Relations in East Asia by : Avery Goldstein

Download or read book The Nexus of Economics, Security, and International Relations in East Asia written by Avery Goldstein and published by Stanford University Press. This book was released on 2012-08-29 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: While, over the last 30 years, the global economy's center of gravity has shifted to East Asia, the region has remained surprisingly free of interstate military conflict. Yet this era of peace and growth has been punctuated by periodic reminders of enduring security problems in the region—from China's military modernization, to unresolved territorial disputes, to persistent tensions on the Korean peninsula. This volume is one of the first to treat these issues of economics and security as interconnected rather than separate. Its authors—leading scholars from the U.S. and China—shed new light on this important nexus by applying insights from a rich variety of approaches to explore and explain the dynamics of a region whose importance for students of both international political economy and international security has grown dramatically. They show that both economic and security 'fundamentals' matter if one is to understand the reasons for, and evaluate the durability of, East Asia's recent peace and prosperity.

China's Logic: The Balance Development

Author : Lixing Zou
Publisher : World Scientific
ISBN 13 : 981322343X
Total Pages : 506 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis China's Logic: The Balance Development by : Lixing Zou

Download or read book China's Logic: The Balance Development written by Lixing Zou and published by World Scientific. This book was released on 2017-10-10 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: The law of balance is not just a motivating power but also serves the purpose of development. How did human society develop in a balanced manner in history? How is China's Modernization impacted by the law of equilibrium? How does the law of balance affect China's economic and trade relations with other countries?This book attempts to answer these questions and more. It applies the balance law methodology to systematically analyze major factors influencing the sustainable development of the Chinese economy and society, and to discuss the balanced way of thinking, market credit, innovation energy and international collaboration that boost sustainable development. While the theoretical system of socialism with Chinese characteristics needs a balanced development perspective, solving the problem of imbalance requires a balanced approach as well as a balanced interaction between man, nature and society, which is the key factor for economic development in the 21st century.

Chinese Research Perspectives on Society

Author : Lu Xueyi
Publisher : BRILL
ISBN 13 : 9004246231
Total Pages : 284 pages
Book Rating : 4.0/5 (42 download)

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Book Synopsis Chinese Research Perspectives on Society by : Lu Xueyi

Download or read book Chinese Research Perspectives on Society written by Lu Xueyi and published by BRILL. This book was released on 2013-01-23 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chinese Research Perspectives on Society, (formerly the 'China Society Yearbook') Volume 1' continues the tradition of presenting precise and venerable academic principles by compiling the findings of the Chinese Academy of Social Sciences' subject research group for the 'Analysis and Forecast of the Social Situation'. The focus of the research group centered around three themes for 2010-2011. The first theme focuses on the main tasks China is undertaking during its new stage of reform and development after the recent international financial crisis. The second focus is on how to remedy the many social contradictions and challenges that are complicating the economic and social developments of China, such as the disparity between urban and rural incomes. Finally, the group addressed the new engine of China's rapid economic and social development, urbanization, while highlighting the important national development targets of eradicating the dualistic urban and rural structure as well as integrating urban and rural development.