Spillover Effects Of China Going Global

Spillover Effects Of China Going Global Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Spillover Effects Of China Going Global book. This book definitely worth reading, it is an incredibly well-written.

Spillover Effects of China Going Global

Author : Joseph Pelzman
Publisher : World Scientific
Page : 388 pages
File Size : 41,8 Mb
Release : 2016-08-18
Category : Business & Economics
ISBN : 9789814603362

Get Book

Spillover Effects of China Going Global by Joseph Pelzman Pdf

When the People's Republic of China (PRC) was granted Most Favored Nation (MFN) status by the United States in 1979, no one imagined the massive transformation the Chinese economy would make within a few decades. China's remarkable transition from merely being a “world factory”, to the source of the world's new R&D and product design and innovation since the 1980s is the key focus of Spillover Effects of China Going Global. In this insightful and unique book, Joseph Pelzman shows how the second largest world economy triggered off many spillover effects beyond mass-labour production of durable and non-durable goods — such as the provision of foreign aid to African, Latin American and Asian economies, and increasing focus on internal endogenous innovation, research and development. He provides a comprehensive look at these spillover effects and analyzes how they will undoubtedly bring positive opportunities for others within the rest of the world in the 21st Century.

China Spillovers

Author : Davide Furceri,João Tovar Jalles,Ms.Aleksandra Zdzienicka
Publisher : International Monetary Fund
Page : 15 pages
File Size : 52,9 Mb
Release : 2016-11-23
Category : Business & Economics
ISBN : 9781475546637

Get Book

China Spillovers by Davide Furceri,João Tovar Jalles,Ms.Aleksandra Zdzienicka Pdf

Until recently, China has been the leading contributor to global economic growth and—since the recent global financial crisis—a stabilizing driver of its evolution. However, as China recently began to rebalance its economy away from investment and exports and toward consumption, its GDP growth slowed significantly—partly reversing the country’s contribution to global output and trade growth—and is expected to continue to decline gradually over the medium term. There is little consensus regarding the consequences of a China’s growth slowdown for the rest of the world, with some arguing that a significant slowdown in China may have large implications and possibly lead to a worldwide recession if the “rebalancing” process is not well managed, and others suggesting that even a significant slowdown in China is unlikely to have large global effects, as its role in the world economy is still limited This note contributes to the ongoing debate by analyzing how growth shocks in China affect particular regions and country groups and how the impact and key transmission channels of these growth shocks have increased over time. It finds that historically, the average impact of growth shocks in China on global output has been statistically significant but limited, but since the early 2000s, the magnitude of spillovers has significantly increased. Trade linkages remain the main transmission channels, with larger effects for net commodity exporters and countries mostly exporting manufacturing goods. Also, spillover effects tend to be larger during periods of high global uncertainty and have been positively associated with an increase in the share of industry in total value in China, which suggests an important role of the “rebalancing” process.

China’s Economic Growth

Author : Mr.Athanasios Vamvakidis,Mr.Vivek B. Arora
Publisher : International Monetary Fund
Page : 25 pages
File Size : 51,7 Mb
Release : 2010-07-01
Category : Business & Economics
ISBN : 9781455201761

Get Book

China’s Economic Growth by Mr.Athanasios Vamvakidis,Mr.Vivek B. Arora Pdf

This paper presents some facts on China’s role in the world economy and measures the impact of China’s growth on growth in the rest of the world in the short and long term. Short-run estimates based on VARs and error-correction models suggest that spillover effects of China’s growth have increased in recent decades. Long-term spillover effects, estimated through growth regressions based on panel data, are also significant and have extended in recent decades beyond Asia. The estimates are robust to the effects of global and regional shocks, changes in model specification, and sample period.

Investment-Led Growth in China

Author : Mr.Ashvin Ahuja,Mr.Malhar Nabar
Publisher : International Monetary Fund
Page : 23 pages
File Size : 55,7 Mb
Release : 2012-11-06
Category : Business & Economics
ISBN : 9781475515053

Get Book

Investment-Led Growth in China by Mr.Ashvin Ahuja,Mr.Malhar Nabar Pdf

Over the past decade, China’s growth model has become more reliant on investment and its footprint in global imports has widened substantially. Several economies within China’s supply chain are increasingly exposed to its investment-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers from an investment slowdown in China. It finds that a one percentage point slowdown in investment in China is associated with a reduction of global growth of just under one-tenth of a percentage point. The impact is about five times larger than in 2002. Regional supply chain economies and commodity exporters with relatively less diversified economies are most vulnerable to an investment slowdown in China. The spillover effects also register strongly across a range of macroeconomic, trade, and financial variables among G20 trading partners.

Foreign Direct Investment in China

Author : Ziliang Deng
Publisher : Routledge
Page : 289 pages
File Size : 51,7 Mb
Release : 2013-03-01
Category : Business & Economics
ISBN : 9781136672637

Get Book

Foreign Direct Investment in China by Ziliang Deng Pdf

This book provides an insightful exploration of whether foreign direct investment (FDI) can promote the productivity of domestic enterprises. The book is based on a series of dedicated research conducted in the context of the Chinese economy, which has been the largest FDI host among the developing economies since 1993. The main themes of this book are (a) based on the latest literature and first-hand research, outlining possible mechanisms through which foreign direct investment could promote the productivity of domestic enterprises; (b) developing a comprehensive research framework to quantify the spillover effects with cutting-edge methodology; (c) constructing a decision support system for evaluating FDI policy reforms with advanced computer simulation techniques; (d) evaluating the broader impact of FDI spillovers on banking system and trade pattern. The book examines topical economic issues in the contemporary world economy from innovative perspectives, namely, how the presence of multinational enterprises has been one of the most important microeconomic drivers for the Chinese economy, how foreign banks have helped to enable Chinese banking system survive the global financial crisis, and how the domestic enterprises have learned to do exports from multinational affiliates and have changed the landscape of U.S.-Asian trade. The book incorporates the latest development of economic theory as well as computational economics model.

Global China

Author : Tarun Chhabra,Rush Doshi,Ryan Hass
Publisher : Brookings Institution Press
Page : 430 pages
File Size : 55,8 Mb
Release : 2021-06-22
Category : Political Science
ISBN : 9780815739173

Get Book

Global China by Tarun Chhabra,Rush Doshi,Ryan Hass Pdf

The global implications of China's rise as a global actor In 2005, a senior official in the George W. Bush administration expressed the hope that China would emerge as a “responsible stakeholder” on the world stage. A dozen years later, the Trump administration dramatically shifted course, instead calling China a “strategic competitor” whose actions routinely threaten U.S. interests. Both assessments reflected an underlying truth: China is no longer just a “rising” power. It has emerged as a truly global actor, both economically and militarily. Every day its actions affect nearly every region and every major issue, from climate change to trade, from conflict in troubled lands to competition over rules that will govern the uses of emerging technologies. To better address the implications of China's new status, both for American policy and for the broader international order, Brookings scholars conducted research over the past two years, culminating in a project: Global China: Assessing China's Growing Role in the World. The project is intended to furnish policy makers and the public with hard facts and deep insights for understanding China's regional and global ambitions. The initiative draws not only on Brookings's deep bench of China and East Asia experts, but also on the tremendous breadth of the institution's security, strategy, regional studies, technological, and economic development experts. Areas of focus include the evolution of China's domestic institutions; great power relations; the emergence of critical technologies; Asian security; China's influence in key regions beyond Asia; and China's impact on global governance and norms. Global China: Assessing China's Growing Role in the World provides the most current, broad-scope, and fact-based assessment of the implications of China's rise for the United States and the rest of the world.

Foreign Direct Investment, China and the World Economy

Author : P. Buckley
Publisher : Springer
Page : 433 pages
File Size : 46,5 Mb
Release : 2009-11-29
Category : Business & Economics
ISBN : 9780230248328

Get Book

Foreign Direct Investment, China and the World Economy by P. Buckley Pdf

China has become such an important element of the global economy that its influence cannot be ignored in almost any field of endeavour. The phenomenal impact of FDI in China and its (largely trade-related) consequences has been well documented and now there is a significant literature on the phenomenon of outward investment from China too. This book is an in depth study of the international business relationships of China covering both inward and outward foreign direct investment, its impact and related theoretical and policy issues. This volume of highly renowned author Peter Buckley's collected papers from 2005-8 continues his interest in the theory of international business (Section I) and policies towards foreign direct investment (FDI) (Section IV) but has a major concentration on China, both as regards outward foreign direct investment (OFDI) from China (Section II) and FDI in China (Section III).

China and Asia in Global Trade Slowdown

Author : Gee Hee Hong,Mr.Jaewoo Lee,Wei Liao,MissDulani Seneviratne
Publisher : International Monetary Fund
Page : 46 pages
File Size : 50,9 Mb
Release : 2016-08-16
Category : Business & Economics
ISBN : 9781475526608

Get Book

China and Asia in Global Trade Slowdown by Gee Hee Hong,Mr.Jaewoo Lee,Wei Liao,MissDulani Seneviratne Pdf

Asia and China made disproportionate contributions to the slowdown of global trade growth in 2015. China’s import growth slowed starkly, driven by both external and domestic factors, including a rebalancing of demand. Econometric results point to weak investment and rebalancing as the main causes of the import slowdown. Spillover effects from China’s rebalancing are estimated for some 60 countries using value-added trade data, and are found to be more negative on Asia and commodity exporters than others.

Network Effects of International Shocks and Spillovers

Author : Mr.Alexei Kireyev,Andrei Leonidov
Publisher : International Monetary Fund
Page : 43 pages
File Size : 44,7 Mb
Release : 2015-07-07
Category : Business & Economics
ISBN : 9781513542928

Get Book

Network Effects of International Shocks and Spillovers by Mr.Alexei Kireyev,Andrei Leonidov Pdf

This paper proposes a method for assessing international spillovers from nominal demand shocks. It quantifies the impact of a shock in one country on all other countries. The paper concludes that the network effects in shock spillovers can be substantial, comparable, and often exceed the initial shock. Individual countries may amplify, absorb, or block spillovers. Most developed countries pass-through shocks, whereas low-income countries and oil exporters tend to block shock spillovers. The method is used to study demand shocks originating from a large and medium country, China and Ukraine respectively.

Geopolitics, Supply Chains, and International Relations in East Asia

Author : Etel Solingen
Publisher : Cambridge University Press
Page : 321 pages
File Size : 47,7 Mb
Release : 2021-05-06
Category : Business & Economics
ISBN : 9781108833561

Get Book

Geopolitics, Supply Chains, and International Relations in East Asia by Etel Solingen Pdf

An accessible overview of political, economic, and strategic dimensions of global supply chains in a changing global political economy.

Decoding China's Export Miracle: A Global Value Chain Analysis

Author : Yuqing Xing
Publisher : World Scientific
Page : 214 pages
File Size : 50,6 Mb
Release : 2021-03-17
Category : Business & Economics
ISBN : 9789811229640

Get Book

Decoding China's Export Miracle: A Global Value Chain Analysis by Yuqing Xing Pdf

In less than three decades, China has emerged as the world's largest exporting nation with more than $2 trillion exports annually. China's quick rise as a leading exporter in the world is an unprecedented miracle. There are many theories explaining this miracle. This book adopts the global value chain (GVC) approach to analyze the Chinese export miracle over the last four decades. It focuses on the tasks rather than the gross export value and emphasizes the organizations of modern trade rather than the national comparative advantage. The GVC approach systematically explains how, in less than four decades China has evolved from a closed economy to the world's No. 1 exporting nation; why China, a developing country, has exported more high-technology products than labor-intensive products to the US; and why almost half of the US trade deficit has originated from China.The book identifies three spillover effects of GVCs that originated from brands, technology and product innovation, and distribution and retail networks of GVCs lead firms. It argues that China's deep integration with GVCs has been a decisive factor for China's emergence as the world's No.1 exporting nation and the champion of high-technology exports. In addition, this book uses iPhone trade and the operation of Apple, the largest factory-less American manufacturer, to explain how current trade statistics exaggerate China's exports to and its trade surplus with the US on the one hand, and underestimate US exports on the other hand.By using the experience of the Chinese mobile phone industry, the book argues that the GVC strategy can be a short-cut for developing countries to achieve industrialization and enable firms of developing countries to enter high-technology sectors despite their intrinsic disadvantages. At this end, the book also discusses the future trajectory of China-centered GVCs under the shadow of the US-China trade war and the COVID-19 pandemic.

China 2049

Author : David Dollar,Yiping Huang,Yang Yao
Publisher : Brookings Institution Press
Page : 444 pages
File Size : 45,5 Mb
Release : 2020-06-09
Category : Political Science
ISBN : 9780815738060

Get Book

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 Rise And Internationalization: Regional And Global Challenges And Impacts

Author : Filip Abraham,Zhaoyong Zhang
Publisher : World Scientific
Page : 372 pages
File Size : 44,5 Mb
Release : 2020-04-15
Category : Business & Economics
ISBN : 9789811212246

Get Book

China's Rise And Internationalization: Regional And Global Challenges And Impacts by Filip Abraham,Zhaoyong Zhang Pdf

2018 marks the 40th anniversary of the start of China's reform and opening up policy, which created China's growth miracle with an annual average growth rate of around 9.5 percent. China's rapid rise and internationalization has also generated profound impacts both regionally and globally. This edited book aims to bring together academics and researchers at policy institutions to discuss ongoing research on a wide range of theoretical and empirical issues related to China's rapid rise and internationalization from both regional and global perspectives.

The Political Economy of Chinese FDI and Spillover Effects in Africa

Author : Dominik Kopiński,Pádraig Carmody,Ian Taylor
Publisher : Springer Nature
Page : 284 pages
File Size : 49,6 Mb
Release : 2023-10-26
Category : Business & Economics
ISBN : 9783031387159

Get Book

The Political Economy of Chinese FDI and Spillover Effects in Africa by Dominik Kopiński,Pádraig Carmody,Ian Taylor Pdf

What are the impacts of Chinese investment in Africa? Is it transforming economic development on the continent? This book is different from many other studies of this issue, as it unpacks the ‘black box’ of technological and learning spillover effects from Chinese firms to others. Rather than using econometric tools, which has now become a standard approach and come with their own set of challenges, the authors investigate the interactions between Chinese investors and African firms in terms of the transfer of technology and learning and explain why such interactions are rare. Only by understanding the reasons behind this rarity can approaches be developed to promote spillovers.

CHINA: FOOD SECURITY AND AGRICULTURAL GOING GLOBAL

Author : Han Jun
Publisher : American Academic Press
Page : 481 pages
File Size : 51,6 Mb
Release : 2022-11-21
Category : Technology & Engineering
ISBN : 9781631814006

Get Book

CHINA: FOOD SECURITY AND AGRICULTURAL GOING GLOBAL by Han Jun Pdf

Through decades of efforts, China has overall achieved self-sufficiency in food supply, which is the result of effective policies and measures adopted by the Chinese government. This book focuses on China’s food security strategy and agricultural going global strategy and goes into details on policies and measures for achieving domestic food security. It specially analyzes status and development trend of China’s corn industry since corn is the most sensitive grain variety that plays an important role as food, feed and raw material for bioenergy. It also studies overseas agricultural development potential for agricultural investment and cooperation globally. It finally elaborates China’s agricultural going global strategy, with specific cases to evaluate policy effect, in order to promote international cooperation in agriculture. The conclusions are that as the world’s most populated country, China should rely on its domestic production to ensure food supply. However, with intensified constraints on resources and environment, China should appropriately adjust its food security goals to ensure the basic self-sufficiency of cereals and rely more on global markets for non-cereal grain varieties. Looking to the future, China should establish a food security system that is efficient, open and sustainable through profound reform to increase its domestic food productivity, promote sustainable development of agriculture, and expand international cooperation in agriculture.