Institutions And Chinese Economic Development

Author : Ming Lu,Zhao Chen,Yongqin Wang,Yan Zhang,Yuan Zhang,Changyuan Luo
Publisher : Edward Elgar Publishing
Page : 241 pages
File Size : 53,7 Mb
Release : 2013-01-01
Category : Business & Economics
ISBN : 9780857935090

Get Book

China's Economic Development by Ming Lu,Zhao Chen,Yongqin Wang,Yan Zhang,Yuan Zhang,Changyuan Luo Pdf

Written by distinguished Chinese academics, this book provides a unique and rare insight into the development of the modern Chinese economy. The authors identify three major factors in the growth of the Chinese economy: economic decentralization and political centralization; the urbanÐrural divide; and relational society. These are explored in depth via analyses of factors including urban and rural economic development and their political and social foundations, industrial agglomeration, transitions of public services and governmental responsibilities towards them and developmental imbalances and mechanisms. It is illustrated that whilst contemporary China has obviously made great economic strides, a wide variety of problems are accumulating over time. The book concludes that following three decades of high economic growth, China now faces great challenges for sustainable growth, and the institutions of ChinaÕs economy have reached a critical point. Strategies for dealing with these challenges and requirements for the successful future development of China are thus prescribed. This fascinating book will provide a stimulating read for scholars, students and researchers in the fields of Asian studies, economics and development.

Author : Li Tan
Publisher : Routledge
Page : 187 pages
File Size : 42,7 Mb
Release : 2021-11-10
Category : Business & Economics
ISBN : 9781000474244

Get Book

Institutions and Chinese Economic Development by Li Tan Pdf

China’s rise as an economic power has posed some challenging questions: how did China achieve GDP growth that was even faster than the Four Asian Tigers? Is the "Chinese model" superior? Why hasn’t the rapid economic growth lead to democracy in the country as many observers expected? And can China sustain its rapid economic growth with its existing social system? Institutions and Chinese Economic Development: A Comparative Historical Approach explores these questions by studying the historical relationship between institutions and economic development in China, drawing comparisons with England, Japan and other Asian economies as appropriate. The investigation focuses on several junctures in China’s economic development: the starting point of the divergence between China and the West; the externally-provoked industrial development in the late 19th century; and the contemporary Chinese Miracle. The analysis foregrounds the role played by Chinese institutions and examines their effects on both the country’s failure to industrialize in the past and its economic achievements in recent time. The book also asks whether, without reform to the existing state institutions, China might still be subject to the historical dynastic cycles today, despite its recent economic success. This work is of great interest to students and scholars of the Chinese economy, economic history and institutional economics, as well as comparative history and Chinese studies more broadly.

Author : Gregory C. Chow
Publisher : World Scientific
Page : 292 pages
File Size : 46,6 Mb
Release : 1994
Category : Business & Economics
ISBN : 9810218583

Get Book

Understanding China's Economy by Gregory C. Chow Pdf

In the early 1990's, the world began to recognize China as a rising economic power to reckon with. China's economy is dynamic ? her human and natural resources are plentiful and her economic growth has been well sustained over the last 16 years. In fact, some have predicted that by the year 2020, China's economic output will be close to half that of the US. It is undeniable that China will be an economic giant, if she is not already one today.In this book, the author has traced China's economic development over the last 16 years. The steps and characteristics of China's economic reform are detailed. The prospects for China's economic growth are studied. The author also attempts to analyze topical issues pertaining to China's economic relations with the US and her integration with the other Asian economies. This book provides the interested reader with a bird's eye view of the Chinese economy over the last 16 years. Most chapters are written for the general reader, while a few are for professional economists. For the questions it answers or for those that it raises, this is an important book to read.

Author : Ma Ying,Hans-Michael Trautwein
Publisher : Routledge
Page : 354 pages
File Size : 40,9 Mb
Release : 2013-03-05
Category : Business & Economics
ISBN : 9781135075897

Get Book

Thoughts on Economic Development in China by Ma Ying,Hans-Michael Trautwein Pdf

This book is about mutual influences of thinking about economic development in China and in the West, from the 18th century until the present. Its chapters are contributed by development economists and historians of thought from China and other parts of the world. The book describes important stages in the evolution, cross-fertilization and contextual modification of ideas about economic order, development and institutional change. It illustrates how Western concepts and theories have been adopted and adapted to Chinese conditions in different waves of modernization from the late 19th century until the present and that this was and is no one-way traffic. The book examines to what extent pre-classical thinking in the West, in particular French Physiocracy in mid-18th century, was influenced by China as an ideal and a source of ideas, at a time when China was the largest and most advanced economy in the world. It discusses to what extent different approaches of modern Western-style economics, in particular in the fields of development economics and institutional economics, can be used to understand the rapid transitions and developments of the Chinese economy in recent decades, and to what extent they need to be modified in the light of new experiences and insights. Against this background, several contributions to the volume provide assessments of the current state of economic science and teaching in China, in particular with regard to Chinese views on Western economics. The book should be of interest to those who are interested in the economic history of China.

Author : Flora Huang,Horace Yeung
Publisher : Routledge
Page : 328 pages
File Size : 41,8 Mb
Release : 2018-03-20
Category : Social Science
ISBN : 9781315516110

Get Book

Institutions and Economic Growth in Asia by Flora Huang,Horace Yeung Pdf

This book explores the role of institutions in economic growth, looking in particular at specific Asian countries and at particular cities within those countries. It considers a wide range of factors besides institutions, including the law, cultural factors and overall government arrangements. The differences between the countries studied are highlighted, and the impact of these differences assessed: the impact of English common law on arrangements in Hong Kong, Singapore and Malaysia; sharia law in Malaysia; the differing lengths of time of colonial rule; the extent to which Chinese family businesses control an economy. Also studied are the degree to which the law is effectively applied, and a range of other social, economic and cultural factors. The book’s conclusions as to which factors have the greatest impact will be of considerable interest to economists of Asia and those interested in economic growth more widely.

Author : Steven Brakman,Charles van Marrewijk,Peter J. Morgan,Nimesh Salike
Publisher : Routledge
Page : 338 pages
File Size : 48,7 Mb
Release : 2018-11-21
Category : Business & Economics
ISBN : 9781351390798

Get Book

China in the Local and Global Economy by Steven Brakman,Charles van Marrewijk,Peter J. Morgan,Nimesh Salike Pdf

The history of China dates back thousands of years, with periods of decline followed by periods of growth and innovation. This book puts the last 50 years – China's most recent period of growth – into perspective. It explores the changing national and international connections within China and between China and other parts of the world, and their importance for understanding the past, current, and future developments of the Chinese economy. The book brings together leading international contributors from China, Japan and Europe to consider the historical developments of these connections, the importance of natural and man-made connections for the Chinese economy, the role of institutions and policies for understanding the connections and their sustainability. This book will be of interest to scholars and researchers focusing on China, economics, geography or international trade.

Author : Barbara Krug,Hans J. Hendrischke
Publisher : Edward Elgar Publishing
Page : 272 pages
File Size : 54,5 Mb
Release : 2007-01-01
Category : Business & Economics
ISBN : 1782543414

Get Book

The Chinese Economy in the 21st Century by Barbara Krug,Hans J. Hendrischke Pdf

The authors discuss the role of local institutions in coordinating business activities and unleashing entrepreneurship, arguing that the sudden growth of new firms and industries is facilitated by changes in business behaviour and institutions. Initial private exchange and investment in an environment of ill-functioning markets are shown to depend on local networks and local business culture which, in turn, rely on local tax regimes setting incentives for inherited bureaucracies to engage in economic transformation. Finally, the book establishes local institutions and local governance as crucial dimensions of China¿s emerging business system.

Author : Douglas Zhihua Zeng,Shuilin Wang
Publisher : World Bank Publications
Page : 38 pages
File Size : 50,5 Mb
Release : 2007
Category : China
ISBN : 8210379456XXX

Get Book

China and the Knowledge Economy by Douglas Zhihua Zeng,Shuilin Wang Pdf

The rapid pace of economic growth in China has been unprecedented since the start of economic reforms in late 1970s. It has delivered higher incomes and made the largest single contribution to global poverty reduction. Measured by international poverty lines, from 1978-2004, the absolute poor population in rural areas has dropped from 250 million to 26.1 million. Such gains are impressive and have been driven largely by a set of market-oriented institutional reforms, strong investment, and effective adoption and application of various knowledge and technologies, especially foreign ones through trade and foreign direct investment. While enjoying tremendous success, China also faces many challenges that need to be addressed to sustain its long-term development. These include weak institutions, low overall educational attainment, weak indigenous innovation capacity, poor links between research and development and industries, and so on. This paper provides an analysis of some strengths, weaknesses, opportunities, and challenges to China's knowledge economy in the areas of economic incentives and institutional regime, human capital, innovation system, and information infrastructure.

Author : Ruogu Li
Publisher : Unknown
Page : 462 pages
File Size : 47,7 Mb
Release : 2008
Category : China
ISBN : 7501788367

Get Book

Institutional Suitability and Economic Development by Ruogu Li Pdf

Author : Xiaoke Zhang,Tianbiao Zhu
Publisher : Springer
Page : 359 pages
File Size : 45,6 Mb
Release : 2017-12-14
Category : Political Science
ISBN : 9783319644868

Get Book

Business, Government and Economic Institutions in China by Xiaoke Zhang,Tianbiao Zhu Pdf

This book brings together conceptual and empirical analyses of the causes and consequences of changing business–government relations in China since the 1990s, against the backdrop of the country’s increased integration with the global political economy. More specifically, it provides an interdisciplinary account of how the dominant patterns of interactions between state actors, firms and business organizations have changed across regions and industries, and how the changing varieties of these patterns have interacted with the evolution of key market institutions in China. The contributors to this edited volume posit that business–government relations comprise a key linchpin that defines the Chinese political economy and calibrates the character of its constitutive institutional arrangements.

Author : Rongxing Guo
Publisher : Springer
Page : 444 pages
File Size : 40,7 Mb
Release : 2016-12-07
Category : Business & Economics
ISBN : 9783319323060

Get Book

How the Chinese Economy Works by Rongxing Guo Pdf

This fourth revised edition sets out to analyze and compare the operational mechanisms of the Chinese economy between the pre- and post-reform periods and through national, regional and local dimensions. It examines the driving forces – both endogenous and exogenous – that have influenced China’s economic development during the past decades. Both positive and negative consequences of the Chinese economic transformation have been clarified. A multiregional comparison of the Chinese economy is conducted in terms of natural and human resources, institutional evolution, as well as economic and social performances. This enlarged edition includes three new chapters on cultural diversity; natural and environmental resources; and, political and administrative systems. Many of the original chapters have also been significantly revised, expanded and updated according to more recent research.

Author : Tian Zhu
Publisher : Cambridge University Press
Page : 291 pages
File Size : 55,9 Mb
Release : 2021-09-09
Category : Business & Economics
ISBN : 9781316510612

Get Book

Catching Up to America by Tian Zhu Pdf

Using global comparative data, this book shows why culture, not institutions or policies, is the difference-maker behind China's rapid rise.

Author : John Wong,Lu Ding
Publisher : World Scientific
Page : 468 pages
File Size : 47,6 Mb
Release : 2002-07-18
Category : Business & Economics
ISBN : 9789814489768

Get Book

China's Economy into the New Century by John Wong,Lu Ding 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 “socialist market economy”, 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 1999–2001. 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. Contents:Growth and Structural AdjustmentsFiscal Federalism and ReformsInter-Regional PolicyInfrastructure — Hard and SoftRegional Impact Readership: General. Keywords:

Author : Chow Gregory C
Publisher : World Scientific
Page : 300 pages
File Size : 52,5 Mb
Release : 2010-07-12
Category : Business & Economics
ISBN : 9789814338653

Get Book

Interpreting China's Economy by Chow Gregory C Pdf

This book is unique in covering all important topics of the Chinese economy in depth but written in a language understandable to the layman and yet challenging to the expert. Beginning with entrepreneurship that propels the dynamic economic changes in China today, the book is organized into four broad parts to discuss China's economic development, to analyze significant economic issues, to recommend economic policies and to comment on the timely economic issues in the American economy for comparison.Unlike a textbook, the discussion is original and thought-provoking. It is written by a most distinguished economist who has studied the Chinese economy for thirty years, after making breathtaking contributions to the fields of econometrics, applied economics and dynamic economics and serving as a major adviser to the government of Taiwan during its period of rapid development in the 1960s and 1970s. In the last thirty years, the author has served as a major adviser to the government of China on economic reform and important economic policies and cooperated with the Ministry of Education to introduce and promote the development of modern economics in China, including training hundreds of economists in China and placing many graduate students to pursue a doctoral degrees in economics in leading universities in the US and Canada. These graduates now plays pivotal roles in China and in the US in academics, business or government institutions. The essays, a culmination of the author's expertise in China over five decades, are being widely read in China. When the author became professor emeritus at Princeton, the University named the Econometric Research Program as the Gregory C Chow Econometric Research Program in his honor.

Author : John Knight,Sai Ding
Publisher : OUP Oxford
Page : 368 pages
File Size : 42,5 Mb
Release : 2012-04-12
Category : Political Science
ISBN : 9780191641022

Get Book

China's Remarkable Economic Growth by John Knight,Sai Ding Pdf

How has the Chinese economy managed to grow at such a remarkable rate - no less than ten per cent per annum - for over three decades? This well-integrated book combines economic theory, empirical estimation, and institutional analysis to address one of the most important questions facing contemporary economists. A common thread that runs throughout the book is the underlying political economy: why China became a 'developmental state', and how it has maintained itself as a 'developmental state'. The book examines the causal processes at work in the evolution of China's institutions and policies. It estimates cross-country and cross-province growth equations to shed light on the proximate, and some of the underlying, determinants of the growth rate. It explores important consequences of China's growth, posing a series of key questions, such as: is the economy running out of unskilled labour; why and how has inequality risen; has economic growth raised happiness; what are the social costs of the overriding priority accorded to growth objectives; can China continue to grow rapidly, or will the maturing economy, or the macroeconomic imbalances, or financial crisis, or social instability, bring it to an end? Based mainly on original research, this book will be of interest to growth economists, development economists, transition economists, China specialists, policy-makers, and indeed all those who are intrigued by the Chinese growth phenomenon.