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Kiichiro Fukasaku,David Wall,Mingyuan Wu,Organisation for Economic Co-operation and Development. Development Centre
Author : Kiichiro Fukasaku,David Wall,Mingyuan Wu,Organisation for Economic Co-operation and Development. Development Centre Publisher : Organisation for Economic Co-operation and Development Page : 128 pages File Size : 49,5 Mb Release : 1994 Category : Business & Economics ISBN : STANFORD:36105016882198
China's Long March to an Open Economy by Kiichiro Fukasaku,David Wall,Mingyuan Wu,Organisation for Economic Co-operation and Development. Development Centre Pdf
Bases on the analysis of China's open-economy reforms and their implications for both East Asia and the OECD Member countries.
China's Long March Toward a Market Economy by Jinglian Wu Pdf
International interest in China is increasing. Not surprisingly, China-related news is hitting the headlines of leading international media. This is well grounded, given the fact that China is the largest developing country in the world with almost a quarter of the world's population. However, many reports on China are self-contradictory, which again reveals the complexities of a nation that has experienced dramatic change for over a century. For the outsider, it is virtually impossible to follow China's overriding trends of change without understanding its past and present. This book provides a chronological record of the major changes that have taken place in the Chinese economy over the past five decades.
Wealth and Power by Orville Schell,John Delury Pdf
Two leading experts on China evaluate its rise throughout the past one hundred fifty years, sharing portraits of key intellectual and political leaders to explain how China transformed from a country under foreign assault to a world giant.
New China's Long March from Servility to Freedom by Wei-Bin Zhang Pdf
This book is part of a broad study on Confucianism and its implications for the modernisation of East Asia. The Opium War symbolises the beginning of foreign humiliations, and the Cultural Revolution represents the apex of self-oppression, self-intimidation and self-humiliations. China vainly strove under the guns of many countries until the end of World War II, and since then, has suffered from many civil wars. Immediately after New China was established in 1949, the CCP closed the door to the outside (democratic) world, thus creating self-humiliations. Since economic reform was launched in 1978, New China has been developed from the verge of nationwide self-murder to the track for prosperity and freedom. The long march from self-destructiveness to social and economic progresses raises many challenging questions about human survival and processes. Philosophical, historical, political and economic perspectives are discussed. An open and enriching New China could dramatically affect the world in the not-so-distant future. This book describes the history of New China as a dynamic process from the pole of central planning, anti-Americanism and anti-Confucianism towards market economy, Americanisation and modernising Confucian manifestations.
China's transformation from a virtually closed economy to a major trading nation is an incredible success story. Since 1979 the country has changed it's policies to promote increased foreign trade and investment, thereby attracting more direct investment to China than to any other developing country in recent years. What brought about this change? How, after thirty years of being walled off form the world economy, did China open its door? This book part of the Integrating National Economies series, tells the story of how China ended it long-held policies of economic isolationism and rejoined the world economy in the decade and a half between 1979 and 1994. It shows how China's transformation into a world trading power was achieved remarkably without any major alteration in the country's communist political system. Susan L. Shirk describes the reform strategy and explains why such a turn-around was possible in China but not in the Soviet Union. Shirk's analysis details the political logic behind the economic reform, illustrating how China's leaders were able to win support for reform politics among Communist Party and government officials. Despite strong vested interest in the status quo, the communist government successfully adopted reforms through gradualism, administrative decentralization, and ad hoc particularistic negotiating with individual subordinates. Shirk explains these distinctive features of China's path to reform. China has achieved shallow integration with great success. Whether deeper integration with the world economy will automatically follow remains unclear. Shirk concludes that China will not be able to achieve reform in the areas of deep integration—intellectual property rights, environmental protection, and labor treatment—in the same way it achieved shallow integration. She argues that imposing international standards will require rapid enforcement, central regulation, and uniform rules. If China can meet these challe
Development Centre Studies Chinese Economic Performance in the Long Run by Maddison Angus Pdf
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.
Kiichiro Fukasaku,David Wall,Mingyuan Wu,Organisation for Economic Co-operation and Development. Development Centre
Author : Kiichiro Fukasaku,David Wall,Mingyuan Wu,Organisation for Economic Co-operation and Development. Development Centre Publisher : Organisation for Economic Co-operation and Development Page : 128 pages File Size : 48,8 Mb Release : 1994 Category : Business & Economics ISBN : UCSD:31822018854117
China's Long March to an Open Economy by Kiichiro Fukasaku,David Wall,Mingyuan Wu,Organisation for Economic Co-operation and Development. Development Centre Pdf
Bases on the analysis of China's open-economy reforms and their implications for both East Asia and the OECD Member countries.
Andrew Scobell,Edmund J. Burke,Cortez A. Cooper III,Sale Lilly,Chad J. R. Ohlandt,Eric Warner,J.D. Williams
Author : Andrew Scobell,Edmund J. Burke,Cortez A. Cooper III,Sale Lilly,Chad J. R. Ohlandt,Eric Warner,J.D. Williams Publisher : Rand Corporation Page : 155 pages File Size : 44,6 Mb Release : 2020-07-27 Category : History ISBN : 9781977404206
China’s Grand Strategy by Andrew Scobell,Edmund J. Burke,Cortez A. Cooper III,Sale Lilly,Chad J. R. Ohlandt,Eric Warner,J.D. Williams Pdf
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.
For more than a century, no US adversary or coalition of adversaries - not Nazi Germany, Imperial Japan, or the Soviet Union - has ever reached sixty percent of US GDP. China is the sole exception, and it is fast emerging into a global superpower that could rival, if not eclipse, the United States. What does China want, does it have a grand strategy to achieve it, and what should the United States do about it? In The Long Game, Rush Doshi draws from a rich base of Chinese primary sources, including decades worth of party documents, leaked materials, memoirs by party leaders, and a careful analysis of China's conduct to provide a history of China's grand strategy since the end of the Cold War. Taking readers behind the Party's closed doors, he uncovers Beijing's long, methodical game to displace America from its hegemonic position in both the East Asia regional and global orders through three sequential "strategies of displacement." Beginning in the 1980s, China focused for two decades on "hiding capabilities and biding time." After the 2008 Global Financial Crisis, it became more assertive regionally, following a policy of "actively accomplishing something." Finally, in the aftermath populist elections of 2016, China shifted to an even more aggressive strategy for undermining US hegemony, adopting the phrase "great changes unseen in century." After charting how China's long game has evolved, Doshi offers a comprehensive yet asymmetric plan for an effective US response. Ironically, his proposed approach takes a page from Beijing's own strategic playbook to undermine China's ambitions and strengthen American order without competing dollar-for-dollar, ship-for-ship, or loan-for-loan.
China is more than a socialist market economy led by ever more reform-minded leaders. It is a country whose people seek liberty on a daily basis. Their success has been phenomenal, despite the fact that China continues to be governed by a single party. Clear distinctions between the people and the government are emerging, underlining the fact that true liberalization cannot be imposed from above. Although a large percentage of the Chinese people have been part of China's long march to freedom, farmers, entrepreneurs, migrants, Chinese gays, sex pleasure seekers, and black-marketers played a particularly important role in the beginning. Lawyers, scholars, journalists, and rights activists have jumped in more recently to ensure that liberalization continues. Social dissatisfaction with the government is now published in the media, addressed in public forums, and deliberated in courtrooms. Intellectuals devoted to improvement in human rights and continued liberalization are part of the process. This grassroots social revolution has also resulted from the explosion of information available to ordinary people (especially via the Internet) and far-reaching international influences. All have fundamentally altered key elements of the moral and material content of China's party-state regime and society at large. This social revolution is moving China towards a more liberal society despite its government. The Chinese government reacts, rather than leads, in this trans formative process. This book is a landmark - a decade in the making.
Economic Lessons from China’s Forty Years of Reform and Opening-up by David Daokui Li Pdf
This book first shows that the past 40 years of China's economic reform and opening up represents the greatest magnitude of economic growth in history. Based on field trips, extensive and intensive interviews and literature surveys, this book argues that there are five general lessons for a rapid growing economy from China's economic reform and opening up, all in the area of the relationship between the government and the economy. First, the local governments need to be incentivized to help rapid entry and development of enterprises. Second, local governments need to be incentivized to help rapid land conversion from agricultural to non-agricultural. Third, financial deepening is vital; that is, inducing households to hold more and more financial assets in local currency. Financial deepening is essential to convert savings into investments. This requires financial stability, which is crucial. Fourth, the learning through opening up is the key to endogenous economic growth. The fundamental benefit of opening up is learning rather than enjoying comparative advantage. The fifth and final lesson from China is that the central government must proactively manage the macroeconomy. The rationale is that enterprises compete with each other in games of industrial organization. In order to resolve this problem, proactive measures including market-oriented means, administrative orders and reform measures should be implemented. Overall, the main lesson from China's past 40 years of reform and opening up is that proper incentives and behavior of the government, local and central, are important for economic growth. China has been conducting reforms in this regard and as a result, the government more or less has been playing the role of a "helping hand" regarding economic growth, although China's economic system is far from perfect and many reforms are still needed.
With Deng Xiaoping’s blessing, Mao’s successors scoured the globe for fresh ideas to launch domestic prosperity and global economic power. Yet China’s government did not publicize its engagement with Western-style innovations, claiming instead that economic reinvention was the Party’s achievement alone. Julian Gewirtz sets forth the truer story.
Political and Economic Liberalization by Gerd Nonneman Pdf
This volume assesses the surges in the processes of democratisation and economic liberalisation, and the forms they have taken. Diverse country studies are used to advance the reader's understanding of the complexities of these processes.
China's Economic Rise by Congressional Research Service Pdf
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.
Development Centre Studies Economic Opening and Growth in China by Démurger Sylvie Pdf
In this volume, the specific effect of foreign direct investment (FDI) inflows into China is measured quantitatively and estimated on a regional basis. The authors find that there is a much more complex relationship between such flows and growth overall than had hitherto been supposed.
