China S Economic Reforms Successes And Challenges

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China's Economic Reforms: Successes And Challenges

Author : Peter Koveos,Yimin Zhang
Publisher : World Scientific
Page : 936 pages
File Size : 52,8 Mb
Release : 2023-01-19
Category : Business & Economics
ISBN : 9789811256530

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China's Economic Reforms: Successes And Challenges by Peter Koveos,Yimin Zhang Pdf

In the last 40 years of China's economic reforms, the country has made unprecedented progress in its economic development and its position in the global stage. As a result, interest in China has resulted in numerous books focusing on the world's second largest economy. A single volume, however, cannot possibly explain the complex nature of China's economic system and its relationship with the rest of the world. China's Economic Reforms: Successes and Challenges contributes to the understanding of China's reforms by offering a detailed analysis of critical components of the country's economic architecture.Within the context of the global economy, the book illustrates the performance of the Chinese economy at both the aggregate and individual sector levels before and after reforms. Comparisons and contrasts are made with the economies of the US, Japan, South Korea, India, and Russia. The book presents the challenges facing the Chinese reform process, and explain how these challenges affect the domestic economy, the rest of the world, and the overall success of China's reforms.

To Get Rich Is Glorious

Author : Jacques deLisle,Avery Goldstein
Publisher : Brookings Institution Press
Page : 290 pages
File Size : 55,5 Mb
Release : 2019-09-24
Category : Business & Economics
ISBN : 9780815737261

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To Get Rich Is Glorious by Jacques deLisle,Avery Goldstein Pdf

" In 1978, China launched economic reforms that have resulted in one of history’s most dramatic national transformations. The reforms removed bureaucratic obstacles to economic growth and tapped China’s immense reserves of labor and entrepreneurial talent to unleash unparalleled economic growth in the country. In the four decades since, China has become the world’s second-largest economy after the United States, and a leading force in international trade and investment. As the contributors to this volume show, China also faces daunting challenges in sustaining growth, continuing its economic ransformation, addressing the adverse consequences of economic success, and dealing with mounting suspicion from the United States and other trade and investment partners. China also confronts risks stemming from the project to expand its influence across the globe through infrastructure investments and other projects under the Belt and Road Initiative. At the same time, China’s current leader, Xi Jinping, appears determined to make his own lasting mark on the country and on China’s use of its economic clout to shape the world around it. "

To Get Rich Is Glorious

Author : Jacques deLisle,Avery Goldstein
Publisher : Brookings Institution Press
Page : 290 pages
File Size : 42,5 Mb
Release : 2019-09-24
Category : Business & Economics
ISBN : 9780815737261

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To Get Rich Is Glorious by Jacques deLisle,Avery Goldstein Pdf

" In 1978, China launched economic reforms that have resulted in one of history’s most dramatic national transformations. The reforms removed bureaucratic obstacles to economic growth and tapped China’s immense reserves of labor and entrepreneurial talent to unleash unparalleled economic growth in the country. In the four decades since, China has become the world’s second-largest economy after the United States, and a leading force in international trade and investment. As the contributors to this volume show, China also faces daunting challenges in sustaining growth, continuing its economic ransformation, addressing the adverse consequences of economic success, and dealing with mounting suspicion from the United States and other trade and investment partners. China also confronts risks stemming from the project to expand its influence across the globe through infrastructure investments and other projects under the Belt and Road Initiative. At the same time, China’s current leader, Xi Jinping, appears determined to make his own lasting mark on the country and on China’s use of its economic clout to shape the world around it. "

China's Economic Challenge: Unconventional Success

Author : Albert Keidel
Publisher : World Scientific
Page : 475 pages
File Size : 43,5 Mb
Release : 2022-03-23
Category : Political Science
ISBN : 9789811230509

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China's Economic Challenge: Unconventional Success by Albert Keidel Pdf

This book analyzes economic strategies responsible for China's 40 years of 40-fold growth, suggesting how such strategies might be applied elsewhere. It combines a seven-chapter chronological analysis of China's growth with three additional chapters on the government's leadership role, success in poverty reduction, and China's combined international finance and trade experience. The book recaps why China's success challenges the United States and the field of development economics. One of its emphases, the 1980s, reports how generous rural price and land-tenure reforms caused a rural income boom that threatened urban subsidized livelihoods and underpinned consequent violence. It describes how China will likely face a similar challenge moving forward, during the planned merger of rural and urban workforces.The book includes an analysis of the US-China trade war and China's economic prospects in the wake of COVID-19. It is a clear and timely account for anyone interested in understanding the institutions and policies responsible for China's successful development and its likely continuation.

China

Author : Ms.Wanda Tseng,Mr.Markus Rodlauer
Publisher : International Monetary Fund
Page : 238 pages
File Size : 42,7 Mb
Release : 2003-02-24
Category : Business & Economics
ISBN : 9781589061781

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China by Ms.Wanda Tseng,Mr.Markus Rodlauer Pdf

China's economic reforms over the past two decades have brought tremendous economic transformation, rapid growth, and closer integration into the global economy. Real income per capita has increased fivefold, raising millions of Chinese out of poverty. Despite these achievements, difficult reforms--involving the state-owned enterprises and the financial sector--must still be completed, and social pressures from rising unemployment and income inequalities need to be addressed. China's accession to the World Trade Organization will bring benefits but will also impose obligations on the economy, and could prove to be a watershed for the reform process. This book looks at the country's reform process, its past successes and future challenges.

China's Three Decades of Economic Reforms

Author : Xiaohui Liu,Wei Zhang
Publisher : Routledge
Page : 320 pages
File Size : 52,7 Mb
Release : 2009-09-10
Category : Business & Economics
ISBN : 9781135256784

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China's Three Decades of Economic Reforms by Xiaohui Liu,Wei Zhang Pdf

China's economy continues to grow rapidly, with important consequences for its own society and environment, as well as for the wider world economy. This book provides much-needed insight, using the latest research findings, into China’s successful reform experience and its challenges over three decades.

The China Miracle

Author : Justin Yifu Lin,Fang Cai,Zhou Li
Publisher : The Chinese University of Hong Kong Press
Page : 432 pages
File Size : 45,6 Mb
Release : 2004-03-15
Category : Business & Economics
ISBN : 9789882378780

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The China Miracle by Justin Yifu Lin,Fang Cai,Zhou Li Pdf

The tremendous success of China's economic reform, in contrast with the vast difficulties encountered by the former Soviet Union and Eastern European countries in their transition, has attracted worldwide attention. Using a historical, comparative and analytic approach grounded in mainstream economics, the authors develop a consistent and rational framework of state-owned enterprises and individual agents to analyze the internal logic of the traditional planning system. They also explain why the Chinese economy grew slowly before the market-oriented reform in 1979 but became one of the fastest growing economies afterwards, and why the vigour/chaos cycle became part of China's reform process. The book also addresses to the questions that whether China can continue its trend of reform and development and become the largest economy in the world in the early 21st century, and what the general implications of China's experience of development and reform are for other developing and transition economies. The first edition has been well-received and is the standard textbook or reference for students and researchers of China studies. In this thoroughly revised edition, the authors have updated the data and information in the book and include a new chapter on the impact of China's WTO accession on its economic reforms and causes of the current deflation.

China

Author : Ross Garnaut,Ligang Song
Publisher : Unknown
Page : 240 pages
File Size : 46,5 Mb
Release : 2012
Category : China
ISBN : 1922144452

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China by Ross Garnaut,Ligang Song Pdf

Nine papers by various authors discussing aspects of economic reform in China over a 20 year period.

China's Economy Into the New Century

Author : John Wong
Publisher : World Scientific
Page : 478 pages
File Size : 44,8 Mb
Release : 2002
Category : Business & Economics
ISBN : 9812778276

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China's Economy Into the New Century by John Wong Pdf

In the last two decades of the 20th century, China stood out as the world''s star performer in economic growth, thanks to the market-oriented reform that started in 1978. At the turn of the century, the Chinese economy faces a series of challenges to sustain its growth and stability. The two-decade-long rapid growth has effectively strengthened China''s economic power and raised its people''s standard of living. It has also transformed China from a centrally planned command economy into a OC socialist market economyOCO, which operates increasingly in line with capitalist norms. Major structural problems, however, remain and are growing acute. Weakness in the fiscal system breeds rent seeking at the local level and causes tension in the state budget. The flawed financial institutions and the biased ownership structure continue to distort resource allocation and cause huge efficiency losses. Inter-provincial and inter-regional disparity is reaching a level that threatens national unity and social stability. As China joins the World Trade Organization and becomes more integrated into the world economy, it urgently needs to improve the domestic business environment and to beef up indigenous industries for foreign competition.This volume is a collection of papers written by scholars at the East Asian Institute to address those problems during the period 1999OCo2001. The authors, with their knowledge and experience in China studies, provide in-depth observations and professional analyses of some of the most important issues for the Chinese economy at the turn of the century. Some of the observations and analyses lead to enlightening policy recommendations. The solid scholarship combined with the policy orientation of these papers will appeal greatly to researchers in academia, governments and other institutions. The policy-oriented and fact-based analyses will also be of interest to practitioners in business, including business consultants."

Economic Reform in China

Author : James A. Dorn,Wang Xi,Cato Institute
Publisher : University of Chicago Press
Page : 406 pages
File Size : 40,9 Mb
Release : 1990-11-27
Category : Business & Economics
ISBN : 0226158322

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Economic Reform in China by James A. Dorn,Wang Xi,Cato Institute Pdf

Based on a Cato Institute conference, cosponsored by Fudan University in Shanghai and held in September 1988 at the Shanghai Hilton.

The Chinese Economy and its Challenges

Author : Charles C.L. Kwong
Publisher : Routledge
Page : 129 pages
File Size : 52,8 Mb
Release : 2019-12-09
Category : Business & Economics
ISBN : 9781351051200

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The Chinese Economy and its Challenges by Charles C.L. Kwong Pdf

The remarkable transformation of the Chinese economy in terms of its structure and growth has drawn unprecedented attention from academics, policy makers and businessmen alike. In the past four decades, China swiftly transformed from a centrally-planned to a market-oriented economy, with an economic size just behind the US and ahead of Japan. Amid commendations for China's economic success offering valuable reform and growth lessons to other developing countries, underlying challenges have been emerging, which constitute long-term risks in shaking China's sustainable success. These challenges encompass a wide range of sectors and issues such as the rural-urban divide, state monopoly, policy loans in the banking sector, lack of skilled and sophisticated workers, environmental degradation, etc. This book unveils the risks and challenges embedded in China's spectacular economic success and demonstrates that effective handling of these challenges is vital for China to avoid falling into the "middle-income trap". It is elucidated that feasible solutions are available to accommodate these risks and the clue of success lies on the willingness and ability of China's central leaders to implement further reforms. This book is a valuable reference for undergraduate and postgraduate students, academics, and public and business policy makers who are concerned about the current status and future development of the Chinese economy.

China 2049

Author : David Dollar,Yiping Huang,Yang Yao
Publisher : Brookings Institution Press
Page : 444 pages
File Size : 43,5 Mb
Release : 2020-06-09
Category : Political Science
ISBN : 9780815738060

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China 2049 by David Dollar,Yiping Huang,Yang Yao Pdf

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.

China’s 40 Years of Reform and Development: 1978–2018

Author : Ross Garnaut,Ligang Song,Cai Fang
Publisher : ANU Press
Page : 709 pages
File Size : 49,6 Mb
Release : 2018-07-19
Category : Business & Economics
ISBN : 9781760462253

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China’s 40 Years of Reform and Development: 1978–2018 by Ross Garnaut,Ligang Song,Cai Fang Pdf

The year 2018 marks 40 years of reform and development in China (1978–2018). This commemorative book assembles some of the world’s most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that have been learned by the model of growth and development in China over the preceding four decades. This book explores what has happened in the transformation of the Chinese economy in the past 40 years for China itself, as well as for the rest of the world, and discusses the implications of what will happen next in the context of China’s new reform agenda. Focusing on the long-term development strategy amid various old and new challenges that face the economy, this book sets the scene for what the world can expect in China’s fifth decade of reform and development. A key feature of this book is its comprehensive coverage of the key issues involved in China’s economic reform and development. Included are discussions of China’s 40 years of reform and development in a global perspective; the political economy of economic transformation; the progress of marketisation and changes in market-compatible institutions; the reform program for state-owned enterprises; the financial sector and fiscal system reform, and its foreign exchange system reform; the progress and challenges in economic rebalancing; and the continuing process of China’s global integration. This book further documents and analyses the development experiences including China’s large scale of migration and urbanisation, the demographic structural changes, the private sector development, income distribution, land reform and regional development, agricultural development, and energy and climate change policies.

China’s Economic Reform

Author : Gao Shangquan
Publisher : Springer
Page : 251 pages
File Size : 49,5 Mb
Release : 2016-07-27
Category : Business & Economics
ISBN : 9781349244676

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China’s Economic Reform by Gao Shangquan Pdf

'Friends of China can help her best by maintaining broad but not uncritical support and striving for a deeper understanding of this ancient culture and the political and economic structure of the nation. Professor Gao's book is a major contribution to this process.' - Sir Edward Heath What are the reasons behind China's new move to reform? What has been experienced and what lessons can now be drawn? Is China facing new problems in its reform road? What of its future? Professor Gao, one of China's leading reformers, examines and authoritatively assesses China's reform over the last fourteen years. Incorporating a broad range of theoretical, applied and policy materials, this book features many current topics and up-to-date tables, graphs and statistics.

China's Reforms at 30

Author : Dali L. Yang,Litao Zhao
Publisher : World Scientific
Page : 215 pages
File Size : 44,9 Mb
Release : 2009
Category : Business & Economics
ISBN : 9789812834249

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China's Reforms at 30 by Dali L. Yang,Litao Zhao Pdf

This book consists of papers presented at the International Conference on ?China: The Next Decade?, organized by the East Asian Institute at the National University of Singapore in 2007 to commemorate the Institute's 10th anniversary. With eight papers covering China's economic, social and political development, this volume offers a balanced yet in-depth assessment of the challenges facing China in the next decade.Featuring contributions from internationally renowned scholars, this timely volume analyzes key aspects of China's reforms and development, such as the financial reform, international trade, leadership succession, social protests, health care reform and ethnic relationships. It is suitable for China scholars as well as advanced undergraduate and graduate students interested in China's polity, economy and society.