Economic Convergence In Greater China
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Economic Convergence In Greater China
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Author : Chun Kwok Lei
language : en
Publisher: Routledge
Release Date : 2008-12-08
Economic Convergence In Greater China written by Chun Kwok Lei and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-12-08 with Business & Economics categories.
Although China's economy has grown rapidly in recent decades, there are still very large differences between the economies of mainland China and those of Hong Kong, Macau and Taiwan. This book considers how far economic convergence between these four territories has occurred, and the prospects for increased convergence in the future.
Greater China
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Author : Chris Rowley
language : en
Publisher: Routledge
Release Date : 2018-10-26
Greater China written by Chris Rowley and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-26 with Business & Economics categories.
This book, first published in 1996, focuses on the possible (but problematic) emergence of a so-called ‘Greater China’ encompassing mainland China, Taiwan and Hong Kong, and the economic reforms, inward investment, spatial disparities, and changes to business culture that would ensue. The similarities, differences, underpinnings, results and prospects for the future of Greater China are analysed in close detail in the chapters collected here.
Economic Growth And Convergence Applied Especially To China
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Author :
language : en
Publisher:
Release Date : 2016
Economic Growth And Convergence Applied Especially To China written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Sustainable Reform And Development In Post Olympic China
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Author : Shujie Yao
language : en
Publisher: Taylor & Francis
Release Date : 2011
Sustainable Reform And Development In Post Olympic China written by Shujie Yao and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with China categories.
Taking the 2008 Olympic Games in Beijing as an iconic turning-point and exploring key themes such as economic reform and sustainability, globalisation and social development, this book analyses the prospects for sustainable reform and development in post-Olympic China.
The Economic Integration Of Greater China
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Author : Yin-Wong Cheung
language : en
Publisher: Hong Kong University Press
Release Date : 2007-04-01
The Economic Integration Of Greater China written by Yin-Wong Cheung and has been published by Hong Kong University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-04-01 with Business & Economics categories.
The tremendous success of China's program of economic reform and the rapid integration of China into the global economy have prompted this study on the economic and financial integration between mainland China, Hong Kong, and Taiwan – a grouping sometimes referred to as Greater China. While there has been a plethora of analyses of China's economic interactions with other economies, this book fills the need for a thorough investigation of regional financial and real interactions – corresponding to the many exhaustive studies of such interactions between developed countries and between East Asian countries. Since real and financial integration has substantial implications for the efficiency of resource allocation and the efficacy of macroeconomics policy, Cheung, Chinn and Fujii offer clear analysis of the current state of economic integration of Greater China, thereby helping to gauge the potential role of China in the global economy. Prospects of a currency union in Greater China, an extreme form of integration, are also evaluated with respect to benefits and costs to the three parties. In addition, the authors provide complementary discussions regarding the degree of integration between China and several Pacific Rim economies, including those of Japan, Korea, Singapore, and the United States. Cheung, Chinn and Fujii provide an up-to-date assessment of mainland China's economic development and its integration with its neighboring economies, especially Hong Kong and Taiwan. This grouping is also known as Greater China. There are a number of approaches to assessing economic integration, and the authors present some standard measures – including trade flows, output movements, saving and investment correlations, and consumption comovements. They emphasize the measures based on some key parity conditions in international finance – real interest parity, uncovered interest parity, and relative purchasing power parity. While there is no perfect empirical measure of economic integration, the theoretical relationships between integration and these three parity conditions are well founded in economics. Moreover, the three parity conditions constitute a unified framework that can be used to assess the degree of real and financial integration, and thus offer a convenient way to investigate the interaction between these two types of integration. In addition, the authors evaluate the prospect of a currency union in Greater China, the most extreme form of integration. Prospects of China's continued integration with the world economy, and the implications of policies in Beijing and other Pacific Rim capitals are also discussed.
Great Divergence And Great Convergence
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Author : Leonid Grinin
language : en
Publisher: Springer
Release Date : 2015-05-09
Great Divergence And Great Convergence written by Leonid Grinin and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-05-09 with Business & Economics categories.
This new monograph provides a stimulating new take on hotly contested topics in world modernization and the globalizing economy. It begins by situating what is called the Great Divergence--the social/technological revolution that led European nations to outpace the early dominance of Asia--in historical context over centuries. This is contrasted with an equally powerful Great Convergence, the recent economic and technological expansion taking place in Third World nations and characterized by narrowing inequity among nations. They are seen here as two phases of an inevitable global process, centuries in the making, with the potential for both positive and negative results. This sophisticated presentation examines: Why the developing world is growing more rapidly than the developed world. How this development began occurring under the Western world's radar. How former colonies of major powers grew to drive the world's economy. Why so many Western economists have been slow to recognize the Great Convergence. The increasing risk of geopolitical instability. Why the world is likely to find itself without an absolute leader after the end of the American hegemony A work of rare scope, Great Divergence and Great Convergence gives sociologists, global economists, demographers, and global historians a deeper understanding of the broader movement of social and economic history, combined with a long view of history as it is currently being made; it also offers some thrilling forecasts for global development in the forthcoming decades.
Greater China
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Author : Chris Rowley
language : en
Publisher: Routledge
Release Date : 2018-10-26
Greater China written by Chris Rowley and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-26 with Business & Economics categories.
This book, first published in 1996, focuses on the possible (but problematic) emergence of a so-called ‘Greater China’ encompassing mainland China, Taiwan and Hong Kong, and the economic reforms, inward investment, spatial disparities, and changes to business culture that would ensue. The similarities, differences, underpinnings, results and prospects for the future of Greater China are analysed in close detail in the chapters collected here.
China S Productivity Convergence And Growth Potential A Stocktaking And Sectoral Approach
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Author : Min Zhu
language : en
Publisher: International Monetary Fund
Release Date : 2019-11-27
China S Productivity Convergence And Growth Potential A Stocktaking And Sectoral Approach written by Min Zhu 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 2019-11-27 with Business & Economics categories.
China’s growth potential has become a hotly debated topic as the economy has reached an income level susceptible to the “middle-income trap” and financial vulnerabilities are mounting after years of rapid credit expansion. However, the existing literature has largely focused on macro level aggregates, which are ill suited to understanding China’s significant structural transformation and its impact on economic growth. To fill the gap, this paper takes a deep dive into China’s convergence progress in 38 industrial sectors and 11 services sectors, examines past sectoral transitions, and predicts future shifts. We find that China’s productivity convergence remains at an early stage, with the industrial sector more advanced than services. Large variations exist among subsectors, with high-tech industrial sectors, in particular the ICT sector, lagging low-tech sectors. Going forward, ample room remains for further convergence, but the shrinking distance to the frontier, the structural shift from industry to services, and demographic changes will put sustained downward pressure on growth, which could slow to 5 percent by 2025 and 4 percent by 2030. Digitalization, SOE reform, and services sector opening up could be three major forces boosting future growth, while the risks of a financial crisis and a reversal in global integration in trade and technology could slow the pace of convergence.
The Political Economy Of Sino American Relations
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Author : Y.Y. Kueh
language : en
Publisher: Hong Kong University Press
Release Date : 1997-10-01
The Political Economy Of Sino American Relations written by Y.Y. Kueh and has been published by Hong Kong University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-10-01 with Business & Economics categories.
In the post-Cold War world, the United States and China together forms one of the most significant relationships in the Asian Pacific region. However, this relationship cannot be considered in isolation from the dynamic economic integration of China with Hong Kong and Taiwan into what is now called 'Greater China'. This volume draws on a wide range of international expertise to examine the nature of the US economic interaction with Greater China. Set against the historical and political background of Sino-American relations, the contributors discuss in detail trade and investment flows between Greater China and the United States as well as China's entry into the World Trade Organization. The impact on regional trading partners and global trading organizations is also evaluated.
Border Crossing In Greater China
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Author : Jenn-hwan Wang
language : en
Publisher: Routledge
Release Date : 2014-07-25
Border Crossing In Greater China written by Jenn-hwan Wang and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-25 with Business & Economics categories.
China’s transformation from a poor and underdeveloped country into a global market power has profoundly altered its socioeconomic power relations with the other countries in the Greater China region, namely, Taiwan and Hong Kong. Indeed, this economic shift has resulted in the massive flow of capital and people from Taiwan as well as Hong Kong to China, to seek business opportunities and new lifestyles. These flows have in turn completely transformed longstanding borderlines in the region. This book examines the transformation of Taiwan and Hong Kong’s socioeconomic relationships with China as their economies have become more deeply integrated into Greater China. Across three key sections, it explores the impact of increasing social interaction and the shrinking of existing borderlines to ask whether these changes will bring about a convergence of identity among the people involved. "Production" examines how investments from Taiwan and Hong Kong to China have transformed production networks; "Community" explores the impact of cross-boundary mobility and the integration of migrants into Chinese communities; and finally, "Identity" engages with what is one of the most important issues in contemporary Taiwanese society. Border Crossing in Greater China contributes not only to theoretical debates on border crossing issues, but also provides valuable insights on the practical concerns regarding social and political integration and tensions in the region. As such, it will be of great interest to students and scholars of Taiwan studies, Chinese studies, Chinese society and Chinese economics.