Changes In China S Comparative Advantage In Manufacturing 1987 95
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Changes In China S Comparative Advantage In Manufacturing 1987 95
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Author :
language : en
Publisher:
Release Date : 2000
Changes In China S Comparative Advantage In Manufacturing 1987 95 written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Manufacturing industries categories.
Development Centre Studies Chinese Economic Performance In The Long Run
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Author : Maddison Angus
language : en
Publisher: OECD Publishing
Release Date : 1998-09-25
Development Centre Studies Chinese Economic Performance In The Long Run written by Maddison Angus and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-09-25 with categories.
The study provides a major reassessment of the scale and scope of China’s resurgence over the past half century, employing quantitative measurement techniques which are standard practice in OECD countries, but which have not hitherto been available for China.
China S Economic Rise
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Author : Congressional Research Service
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2017-09-17
China S Economic Rise written by Congressional Research Service and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-17 with categories.
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.
China S Trade Patterns And International Comparative Advantage
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Author : X. Zhang
language : en
Publisher: Springer
Release Date : 1999-11-19
China S Trade Patterns And International Comparative Advantage written by X. Zhang and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-11-19 with Business & Economics categories.
This book outlines the process of China's trade reforms over the past two decades and assesses the impact of these reforms on the economy. The author provides a detailed quantitative analysis to trace China's evolving commodity pattern of trade and changing comparative advantage structure over the entire reform period.
Changing Patterns Of Global Trade
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Author : Nagwa Riad
language : en
Publisher: International Monetary Fund
Release Date : 2012-01-15
Changing Patterns Of Global Trade written by Nagwa Riad and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-15 with Business & Economics categories.
Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.
China S Agriculture At The Cross Roads
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Author : Y. Yang
language : en
Publisher: Springer
Release Date : 2000-01-27
China S Agriculture At The Cross Roads written by Y. Yang and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-01-27 with Business & Economics categories.
China now faces the difficult choice of whether to pursue a food self-sufficiency policy or further integrate its agriculture into the world market. China's choice will have profound implications for the world trading system, as well as for its own economy. At the same time, China needs to reform its land tenure and grain marketing systems. This book examines these majority policy issues using up-to-date information and empirical evidence.
Competitiveness Technology And Skills
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Author : Sanjaya Lall
language : en
Publisher: Edward Elgar Publishing
Release Date : 2001
Competitiveness Technology And Skills written by Sanjaya Lall and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Competition categories.
Bringing together the recent papers of economist Lall (U. of Oxford, UK), this work looks at the ability of third world economies to remain competitive, with a focus on technology policy. After detailing the conceptual underpinnings of competitiveness and trade liberalization, Lall looks at recent export performance be developing countries, the impact of skill needs and indices of skill creation, and the ability of various Asian and African countries (including India, Malaysia, Thailand, the Philippines, Indonesia, Kenya, and Tanzania) to develop technological capabilities. Seven of the 11 chapter have been previously published in journals such as World Development and Development and Change. c. Book News Inc.
The Making Of An Economic Superpower
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Author : Yi Wen
language : en
Publisher: World Scientific
Release Date : 2016-05-13
The Making Of An Economic Superpower written by Yi Wen and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-13 with Business & Economics categories.
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. Contents: IntroductionKey Steps Taken by China to Set Off an Industrial RevolutionShedding Light on the Nature and Cause of the Industrial RevolutionWhy is China's Rise Unstoppable?Wha's Wrong with the Washington Consensus and the Institutional Theories?Case Study of Yong Lian: A Poor Village's Path to Becoming a Modern Steel TownConclusion: A New Stage Theory of Economic Development Readership: Academics, undergraduate and graduates students, journalists and professionals interested in economic development, the history of the Industrial Revolution, and especially China's economic transformation and industrial growth, as well as the political economy of governance.
China
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Author : Ross Garnaut
language : en
Publisher:
Release Date : 2012
China written by Ross Garnaut and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with China categories.
Nine papers by various authors discussing aspects of economic reform in China over a 20 year period.
Demystifying The Chinese Economy
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Author : Justin Yifu Lin
language : en
Publisher: Cambridge University Press
Release Date : 2012
Demystifying The Chinese Economy written by Justin Yifu Lin and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business & Economics categories.
An insightful account of the remarkable transition of the Chinese economy from impoverished backwater to economic powerhouse.