The Dragon And The Flying Geese The Effects Of The Emergence Of China On Patterns Of Growth And Development In Asia

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The Dragon and the Flying Geese: The Effects of the Emergence of China on Patterns of Growth and Development in Asia

Author : Patrick Avato
Publisher : GRIN Verlag
Page : 60 pages
File Size : 51,9 Mb
Release : 2007-07
Category : Electronic
ISBN : 9783638666152

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The Dragon and the Flying Geese: The Effects of the Emergence of China on Patterns of Growth and Development in Asia by Patrick Avato Pdf

Seminar paper from the year 2006 in the subject Economics - International Economic Relations, grade: A+, Johns Hopkins University (School of Advanced International Studies (SAIS), ), course: Asian Economic Dynamics, 31 entries in the bibliography, language: English, abstract: For the past 30 years, Asian economies have been the world's envy as they have surpassed practically every other region in terms exports and economic growth. The remarkable development of various Asian countries has drawn millions of people out of poverty and created some of the wealthiest and most competitive economies in the world. Much of this success has been attributed to a distinctly Asian development model that combines high work ethics with an exceptional emphasis on savings and high rates of investment in both infrastructure and human capital. Moreover, the Asian Miracle was also facilitated by the extraordinary complementarily of resources, stages of development and policies of Asian countries. This complementarily made possible a pattern of development known as the Flying Geese model, in which capital, technologies and know-how trickled down, first from Japan to the Tiger economies (Taiwan, Korea, Singapore and Hong Kong) and then to the Aspirant Tigers of Southeast Asia (Thailand, Malaysia, Indonesia and the Philippines), fostering economic development throughout the region. During the 1990s, however, this picture changed abruptly. First, a real estate and equity bubble developed in Japan, the bursting of which dragged Japan into a decade long economic crisis. Second, China emerged as a major player in the world economy as her strategy of opening up to FDI and redirecting economic activity towards exports began to pay off. In the following paper, I analyze how the spectacular rise of China has affected the patterns of Asian economic dynamics since the early 1990s. In particular, I focus on the question weather the win-win situation of economic complementarily of the past has given w

The Dragon and the Flying Geese: The Effects of the Emergence of China on Patterns of Growth and Development in Asia

Author : Patrick Avato
Publisher : GRIN Verlag
Page : 28 pages
File Size : 48,9 Mb
Release : 2006-07-30
Category : Business & Economics
ISBN : 9783638528443

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The Dragon and the Flying Geese: The Effects of the Emergence of China on Patterns of Growth and Development in Asia by Patrick Avato Pdf

Seminar paper from the year 2006 in the subject Economics - International Economic Relations, grade: A+, Johns Hopkins University (School of Advanced International Studies (SAIS), ), course: Asian Economic Dynamics, language: English, abstract: For the past 30 years, Asian economies have been the world’s envy as they have surpassed practically every other region in terms exports and economic growth. The remarkable development of various Asian countries has drawn millions of people out of poverty and created some of the wealthiest and most competitive economies in the world. Much of this success has been attributed to a distinctly Asian development model that combines high work ethics with an exceptional emphasis on savings and high rates of investment in both infrastructure and human capital. Moreover, the Asian Miracle was also facilitated by the extraordinary complementarily of resources, stages of development and policies of Asian countries. This complementarily made possible a pattern of development known as the Flying Geese model, in which capital, technologies and know-how trickled down, first from Japan to the Tiger economies (Taiwan, Korea, Singapore and Hong Kong) and then to the Aspirant Tigers of Southeast Asia (Thailand, Malaysia, Indonesia and the Philippines), fostering economic development throughout the region. During the 1990s, however, this picture changed abruptly. First, a real estate and equity bubble developed in Japan, the bursting of which dragged Japan into a decade long economic crisis. Second, China emerged as a major player in the world economy as her strategy of opening up to FDI and redirecting economic activity towards exports began to pay off. In the following paper, I analyze how the spectacular rise of China has affected the patterns of Asian economic dynamics since the early 1990s. In particular, I focus on the question weather the win-win situation of economic complementarily of the past has given way to a zero sum competitive game in which the Asian economies fiercely compete for the same FDI inflows and the same export markets.

Assessing China's Impact on Poverty in the Greater Mekong Subregion

Author : Hossein Jalilian
Publisher : Institute of Southeast Asian Studies
Page : 464 pages
File Size : 51,5 Mb
Release : 2013-09-26
Category : Business & Economics
ISBN : 9789814414197

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Assessing China's Impact on Poverty in the Greater Mekong Subregion by Hossein Jalilian Pdf

Since the dawn of the industrial revolution, and the ushering in of an era of global economic relations, the United States and Europe have been the core poles of economic power. However, China along with India are increasingly challenging the traditional economic hegemony. An issue of great importance is how this shift in the global economic balance of power will affect developing economies and the transition economies of the Greater Mekong Subregion (GMS), which are located in China's backyard and deeply integrated into its economy through regional supply chains. This volume examines the relationship between transition economies and the rise of China through presenting empirical case studies from the GMS. In doing so, it offers insights into the effect of China on developing countries in general, and offers practical policy directions for the place-specific economies of the GMS.

The Rise of China and Structural Changes in Korea and Asia

Author : Takatoshi Ito,Chin Hee Hahn
Publisher : Edward Elgar Publishing
Page : 353 pages
File Size : 49,6 Mb
Release : 2010-01-01
Category : Political Science
ISBN : 9781849805292

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The Rise of China and Structural Changes in Korea and Asia by Takatoshi Ito,Chin Hee Hahn Pdf

This book brings together studies conducted by researchers in East Asian countries who seek to better understand the impact of China s rise and the consequent policy challenges. The expert contributors illustrate that the rise of China and its integration with the rest of the world is one of the most important developments in the global economy. Over the past thirty years or so, China s economy has grown at nearly ten percent per annum with the expansion of the modern, export-oriented industrial sector, to become the third largest economy in the world and the second largest in trade. This book reviews the economic growth of East Asian countries since the 1990s and the various impacts that the rise of China has had on these countries. In particular, it addresses policy challenges faced in coping with the rise of China and maintaining economic growth. This timely book will strongly appeal to academics and researchers focusing on East Asia and China as well as those interested in international trade, development and economic growth.

The Chinese Economic Renaissance

Author : D. Das
Publisher : Springer
Page : 263 pages
File Size : 48,5 Mb
Release : 2008-07-10
Category : Business & Economics
ISBN : 9780230227446

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The Chinese Economic Renaissance by D. Das Pdf

Following the launch in China of economic reforms and the 'open door policy', a new era of economic growth and global integration dawned. In 2008, the thirtieth anniversary year, China completes three decades of broad-based market-oriented macroeconomic reforms and restructuring. This book traces China's economic renaissance.

The China Reader

Author : David Shambaugh
Publisher : Oxford University Press
Page : 592 pages
File Size : 47,8 Mb
Release : 2016-03-29
Category : Political Science
ISBN : 9780190620035

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The China Reader by David Shambaugh Pdf

The rise of China is the most significant development in world affairs in this generation. No nation in history has risen as quickly or modernized as rapidly as has China over the four decades. This sixth edition of The China Reader chronicles the diverse aspects of this transition since the late-1990s. It is comprehensive in scope and draws upon both primary Chinese sources and secondary Western analyses written by the world's leading experts on contemporary China. Perfectly suited as both a textbook for students as well as for specialists and the public alike, the volume covers the full range of China's internal and external developments. During the past three decades China dramatically modernized its economy and taken a position as one of the two major powers in the world. Its mega-economy has skyrocketed to being the second largest in the world, and will soon surpass the United States on aggregate. The physical transformation of the country has been extraordinary to witness, with infrastructure development unparalleled in human history. Modern cities featuring futuristic architecture have literally risen from farmland across the country. As China has developed domestically, it has also taken its place as a major power on the world stage. Whether in its relations with other powers-the United States, Russia, and European Union-with its neighbors in Asia or other countries across the world, China is now a major factor in international relations. Its businesses are "going global" and its people are establishing their footprint from Antarctica to outer space. For all its newfound prowess, China's rise has not been a smooth process. Domestically, the nation's juggernaut economy has produced numerous negative social and environmental side-effects. Its political system remains anachronistic and authoritarian, with substantial repression. Externally, Beijing's rapid military modernization and regional territorial claims have alarmed China's neighbors. Its relationship with the United States is complex and increasingly strained. And its "soft power" remains limited. Still, the rise of China is the story of the current era. The China Reader is a perfect window into the complexities of this historic process.

Against the Consensus

Author : Justin Yifu Lin
Publisher : Cambridge University Press
Page : 279 pages
File Size : 41,5 Mb
Release : 2013-07-04
Category : Business & Economics
ISBN : 9781107038875

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Against the Consensus by Justin Yifu Lin Pdf

Unique analysis of the global financial crisis by Justin Yifu Lin, Chief Economist of the World Bank (2008-12).

Globalizing Taipei

Author : Reginald Kwok
Publisher : Routledge
Page : 273 pages
File Size : 53,5 Mb
Release : 2006-05-11
Category : Architecture
ISBN : 9781134326310

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Globalizing Taipei by Reginald Kwok Pdf

Taipei's quest to become a global city is the key to its urban development. Globalizing Taipei looks at this "Asian Dragon", a major city in the South China Growth Triangle and a centre for transnational production, revealing how the development of this capital has received firm state support but is conditioned by international and domestic politics. The book is divided into four parts: economic and spatial restructuring, state and society realignment, social differentiation and cultural reorientation. Each analyzes the interaction of international, state and local politics in the shaping of the city's urban environment since World War II. All contributors to this edited volume are Taiwan scholars presenting critical insiders' views. Based on each author's specialization and research focus, each chapter provides an in-depth consideration of one of Taipei's developmental issues generated by globalization. Collectively they provide broad, insightful and coherent coverage of this crucial time in Taipei's global transmutation.

War Peace and Hegemony in A Globalized World

Author : Chandra Chari
Publisher : Taylor & Francis
Page : 254 pages
File Size : 44,8 Mb
Release : 2010-08-15
Category : History
ISBN : 9780415596190

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War Peace and Hegemony in A Globalized World by Chandra Chari Pdf

Written by leading scholars, such as Joseph Nye, Eric Hobsbawm and Akira Iriye, this book focuses on how the US could adapt its foreign policy initiatives to fit in with the growing aspirations of a multipolar world for a more balanced international order.

China’s Domestic Transformation in a Global Context

Author : Ligang Song,Ross Garnaut,Cai Fang,Lauren Johnston
Publisher : ANU Press
Page : 467 pages
File Size : 52,5 Mb
Release : 2015-07-08
Category : Business & Economics
ISBN : 9781925022698

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China’s Domestic Transformation in a Global Context by Ligang Song,Ross Garnaut,Cai Fang,Lauren Johnston Pdf

The phrase ‘New Normal’ captures the ongoing shift in the pattern and drivers of China’s economic growth. China’s new growth rate is both slower and imposing difficult structural change. These new economic conditions are challenging yet offer opportunities for China and its economic partners. Reforms must be deepened but also make growth more inclusive and environmentally sustainable, over this decade and beyond. This year’s Update offers both global context and domestic insight into this challenging new phase of China’s domestic economic transformation. How are policymakers elevating migrant workers concurrent with increasing consumption? Is China’s government spending enough on education and R&D to ensure it can achieve its aspirations to ascend the global manufacturing value chain and avoid the middle-income trap? Are energy market reforms reducing or increasing the price of gas and electricity in China? What are the consequences of China’s financial reforms and expanding Renminbi trading for foreign banks? What does China’s new growth model mean for the international resources economy and for Africa? Do SOEs face market conditions and are they dominating China’s fast-rising outbound investment? What is China’s strategy for navigating fragmented international trade policy negotiations?

China and Africa

Author : Young-Chan Kim
Publisher : Springer
Page : 291 pages
File Size : 48,6 Mb
Release : 2017-01-20
Category : Business & Economics
ISBN : 9783319470306

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China and Africa by Young-Chan Kim Pdf

This book encapsulates the ‘New Normal Policy’ which has changed the regional policy between China and the African continent. This volume emphasises China’s role in Africa as a collaborator in an attempt to fulfil the Beijing consensus in emerging countries. The contextual research encompasses how one can comprehend the influence of the Chinese model in Africa and her diplomatic relations with the continent. China and Africa: A New Paradigm of Global Business endeavours to define whether or not the Washington model has become weathered, and the Beijing consensus more relevant in this specific continent.

Global Financial Crisis and Challenges for China

Author : Dr Mu Yang,Michael Siam Heng Heng
Publisher : World Scientific
Page : 144 pages
File Size : 45,8 Mb
Release : 2012-07-25
Category : Electronic
ISBN : 9789814434621

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Global Financial Crisis and Challenges for China by Dr Mu Yang,Michael Siam Heng Heng Pdf

The book analyzes the nature of Chinese economy which enables it to go through the financial tsunami pretty unscathed. It discusses the stimulus package designed by the Chinese government to keep the economy on course, as well as its results ? both positive and negative aspects in the middle and long term. The 2008?09 financial crisis makes it very clear that we need a two-pronged approach to deal with the situation, namely governments need a) to take quick and decisive actions to stem any further deterioration in financial systems; b) to revamp their economies by refitting existing engines in the real economy. China, as the third largest economy in the world, and with its robust domestic consumption and a healthy financial system, is one of the most important drivers to pull the world out of recession. According to the Chinese leadership, China's main contribution is to keep its own economy running smoothly. In response to the crisis, the Beijing government has poured money into the following sectors: public housing, earthquake reconstruction, physical infrastructure, social security, education and healthcare. So far, the results have helped China to maintain the targeted high growth. Given the open nature of its economy, its high growth has also benefited other countries, thereby contributing to the global economy. The current crisis strengthens a trend that has emerged since the Asian financial crisis of 1997. And that is the enhanced economic integration of China with its East Asian neighbours and Southeast Asia. This augurs well for East Asian regionalism which may include the birth of Asian Monetary Fund. The global environment in the wake of the crisis poses new challenges to China, for example, in the form of shrinking size of its traditional export market in the USA and Europe. China needs to modify its strategy from previous export-oriented and investment-driven strategy into one with more emphasis on consumption. There is a lot of scope for China to embark on productive consumption such as cleaning up the environment, physical infrastructure, social security, education and healthcare. If done well, they will lay a firm basis for long-term economic development. It represents an occasion for China to embark on a nation-wide effort to upgrade its economy in the key sectors. At the same time, attention needs to be paid to improving economic-legal institutional framework to support China's role as a major global player.Contents: IntroductionThe 2008 Financial Crisis and the Chinese EconomyShanghai as an International Financial CentreThe Renminbi DebatePromoting China-ASEAN Economic CooperationThe Flying Geese ModelReflections on Developmental ModelsBy Way of Conclusion: Some Random Thoughts Readership: Academics interested in Asian Studies, China's economy and the financial crisis; general public.

The Four Little Dragons

Author : Ezra F. Vogel
Publisher : Harvard University Press
Page : 156 pages
File Size : 47,5 Mb
Release : 1991
Category : Business & Economics
ISBN : 067431526X

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The Four Little Dragons by Ezra F. Vogel Pdf

Vogel brings masterly insight to the underlying question of why Japan and the little dragons--Taiwan, South Korea, Hong Kong, and Singapore--have been so extraordinarily successful in industrializing while other developing countries have not.

Dancing with the Dragon

Author : Dennis Hickey,Baogang Guo
Publisher : Unknown
Page : 250 pages
File Size : 45,8 Mb
Release : 2010
Category : Business & Economics
ISBN : STANFORD:36105215528717

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Dancing with the Dragon by Dennis Hickey,Baogang Guo Pdf

"Dancing with the Dragon offers valuable perspectives on China's interactions with the developing world." ---Dali Yang, University of Chicago --