The Price Of China S Economic Development

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The Price of China's Economic Development

Author : Zhaohui Hong
Publisher : University Press of Kentucky
Page : 309 pages
File Size : 43,8 Mb
Release : 2015-07-21
Category : Business & Economics
ISBN : 9780813161167

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The Price of China's Economic Development by Zhaohui Hong Pdf

The People's Republic of China has experienced significant transformations since Deng Xiaoping instituted economic reforms in 1978. Subsequent leaders continued and often broadened Deng's policies, shifting the nation from agrarianism to industrialism, from isolation to internationalism, and from centralized planning to market-based economics. As the world strives to understand the nation's rapid development, few observers have comprehensively examined the social and cultural price of the economic boom for the majority of the Chinese people. Zhaohui Hong assesses the sociocultural consequences of these reforms in this provocative study. He contends that modern China functions as an oligarchy or plutocracy ruled by an alliance of political power and private capital where the boundaries between the private and public sectors are constantly shifting. This "power-capital institution" based on three millennia of Confucian ideology and decades of Maoist communism exercises monopolistic control of public resources at the expense of civil society and social justice for the majority of citizens. The Price of China's Economic Development urges policymakers to alter their analytic lens. While industrial and commercial development is quantitatively measured, Hong argues that social progress should be assessed qualitatively, with justice its ultimate goal and fair allocation of resources and opportunity as the main index of success. This sophisticated analysis introduces English speakers to the varied and significant work of contemporary Chinese scholars and substantially enriches the international dialogue.

The Price of China's Economic Development

Author : Zhaohui Hong
Publisher : University Press of Kentucky
Page : 389 pages
File Size : 46,5 Mb
Release : 2015-07-21
Category : Political Science
ISBN : 9780813161174

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The Price of China's Economic Development by Zhaohui Hong Pdf

“This work provides a theoretically sophisticated analysis of major political, social, economic, and cultural trends in China.” —Roger des Forges, author of Chinese Walls in Time and Space The People’s Republic of China has experienced significant transformations since Deng Xiaoping instituted economic reforms in 1978. Subsequent leaders continued and often broadened Deng’s policies, shifting the nation from agrarianism to industrialism, from isolation to internationalism, and from centralized planning to market-based economics. As the world strives to understand the nation’s rapid development, few observers have comprehensively examined the social and cultural price of the economic boom for the majority of the Chinese people. Zhaohui Hong assesses the sociocultural consequences of these reforms in this provocative study. He contends that modern China functions as an oligarchy or plutocracy ruled by an alliance of political power and private capital where the boundaries between the private and public sectors are constantly shifting. This “power-capital institution” based on three millennia of Confucian ideology and decades of Maoist communism exercises monopolistic control of public resources at the expense of civil society and social justice for the majority of citizens. The Price of China’s Economic Development urges policymakers to alter their analytic lens. While industrial and commercial development is quantitatively measured, Hong argues that social progress should be assessed qualitatively, with justice its ultimate goal and fair allocation of resources and opportunity as the main index of success. This sophisticated analysis introduces English speakers to the varied and significant work of contemporary Chinese scholars and substantially enriches the international dialogue. “Presents a new perspective on China’s economic growth and ongoing political problems.” —Xiaobing Li, author of China’s War in Korea

Chinese Economic Development

Author : Chris Bramall
Publisher : Routledge
Page : 848 pages
File Size : 46,9 Mb
Release : 2008-10-08
Category : Business & Economics
ISBN : 9781134190508

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Chinese Economic Development by Chris Bramall Pdf

This book outlines and analyzes the economic development of China between 1949 and 2007. Rather than being narrowly economic, the book addresses many of the broader aspects of development, including literacy, morality, demographics and the environment. The distinctive features of this book are its sweep and that it does not shy away from controversial issues. For example, there is no question that aspects of Maoism were disastrous but Bramall argues that there was another side to the whole programme. More recently, the current system of government has presided over three decades of very rapid economic growth. However, the author shows that this growth has come at a price. Bramall makes it clear that unless radical change takes place, Chinese growth will not be sustainable. This large, comprehensive text is relevant to all those studying the economic history of China as well as its contemporary economy. It is also useful more generally for students and researchers in the fields of international and development economics.

Understanding China's Economy

Author : Gregory C. Chow
Publisher : World Scientific
Page : 292 pages
File Size : 51,5 Mb
Release : 1994
Category : Business & Economics
ISBN : 9810218583

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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.

Transformation Of China's Economic Development, The: Perspectives Of Sino-us Economists

Author : Wandong Yang,Jianjun Zhang,Shudong Huang,Andong Zhu
Publisher : World Scientific
Page : 316 pages
File Size : 49,6 Mb
Release : 2019-12-04
Category : Political Science
ISBN : 9789811202742

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Transformation Of China's Economic Development, The: Perspectives Of Sino-us Economists by Wandong Yang,Jianjun Zhang,Shudong Huang,Andong Zhu Pdf

This book examines the economic, cultural and structural factors affecting China's economic growth, and expounds why China's economy has been so successful in the past, and the challenges that lie ahead for the country amidst the changing world, new challenges and uncertainties. The authors lay out their thoughts persuasively and powerfully, advocating changes that should be implemented in order to achieve a successful economic transformation of China's economy. Through an exchange of ideas among the four Chinese authors, each of whom hail from different backgrounds, practical solutions are presented in the book.

Economic Development in the Context of China

Author : C. Tisdell
Publisher : Springer
Page : 232 pages
File Size : 46,6 Mb
Release : 1992-12-09
Category : Business & Economics
ISBN : 9780230380189

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Economic Development in the Context of China by C. Tisdell Pdf

The author takes a fresh look at China's economic policies, development strategies and economic experiences since 1978. General economic principles and analysis are applied in a comparative framework which provides useful insights for assessing China's economic strategies and its implication for other developing countries. Among the topics discussed are market reforms, new technology and technology transfer, foreign direct investment, regional development, poverty and income inequality, agricultural development, industrial development, enterprise management, the tourism industry, population policies and international issues raised by China's economic development.

Interpreting China's Economy

Author : Chow Gregory C
Publisher : World Scientific
Page : 300 pages
File Size : 42,5 Mb
Release : 2010-07-12
Category : Business & Economics
ISBN : 9789814338653

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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.

China's Economic Development

Author : Dennis Yang
Publisher : Springer
Page : 274 pages
File Size : 55,8 Mb
Release : 2014-12-03
Category : Business & Economics
ISBN : 9781137469960

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China's Economic Development by Dennis Yang Pdf

This collection of papers is from Palgrave's journal Comparative Economic Studies, carefully selected by a team of expert editors, this volumes collates the most sophisticated works to provide the readers with an essential guide to the economic development of China.

China as a Leader of the World Economy

Author : Gregory C. Chow
Publisher : World Scientific
Page : 232 pages
File Size : 44,6 Mb
Release : 2012
Category : Business & Economics
ISBN : 9789814368810

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China as a Leader of the World Economy by Gregory C. Chow Pdf

Pt. 1. Economic institutions. ch. 1. Introduction: an overview of China's economy. ch. 2. Three important players of China's economy. ch. 3. Is Chinese capitalism different? ch. 4. Economic planning in China. ch. 5. Role of economists in China's economic development. ch. 6. Free to choose in China. ch. 7. Chinese and American economic institutions reflecting cultural differences. ch. 8. Outflow of capital and China's diplomacy. ch. 9. Economic relations between Brazil and China. ch. 10. India's model of rapid economic development. ch. 11. Will the Russian economy grow rapidly? ch. 12. Comparing economic developments in Taiwan and mainland China -- pt. 2. Economic issues. ch. 13. Problems facing the Chinese economic system. ch. 14. Directions for economics education and research in China. ch. 15. Important lessons from studying the Chinese economy. ch. 16. US housing bubble and economic downturn. ch. 17. Will consumption expenditures in China increase rapidly? ch. 18. From Guangzhou Opera House to issues of economic development. ch. 19. Lessons from the current American great recession -- pt. 3. Economic policies. ch. 20. How to improve university education in China? ch. 21. How to manage a university well? ch. 22. How to improve the efficiency of state enterprises? ch. 23. Carry out the open door policy further. ch. 24. How to stop inflation in China? ch. 25. How to solve the problems of China's inflation and the American recession? ch. 26. China's aging population. ch. 27. China's environmental policy: a critical survey -- pt. 4. Quantitative economic studies. ch. 28. Note on a model of Chinese national income determination. ch. 29. Lessons from studying a simple macroeconomic model for China. ch. 30. Shanghai stock price movements reflecting China's globalization. ch. 31. Co-movements of Shanghai and New York stock prices by time-varying regressions

Economic Transition in China

Author : Zhigang Yuan
Publisher : World Scientific
Page : 528 pages
File Size : 46,9 Mb
Release : 2014-07-03
Category : Political Science
ISBN : 9789814569996

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Economic Transition in China by Zhigang Yuan Pdf

This book provides a comprehensive overview on Chinese economy in the last three decades and an insightful view on the future reform in China. The China's miracle is used to describe its rapid economic growth in the last thirty years. The author aims to demystify the miracle by analyzing the past and present of economic transitions and showcases the blueprint for future economic reforms, from the perspectives of institutional transformation, urbanization and changes in the labor markets. The book contains hottest topics on Chinese economy, such as land market reform, new-type urbanization and financial reform. It investigates both the long-run growth and short-run fluctuations. The factor markets, including labor market, capital market and land market, are analyzed as key determinants to long-run growth and consumption, while investment and net export are investigated as elements to short-run fluctuations. Contents:China's Economic Growth Under Globalization (Zhigang Yuan and Yuxin Yu)Potential Economic Growth of China in Transition (Zhigang Yuan and Yuxin Yu)Is China's Export Really Special? Perspective from Trade in Value Added (Changyuan Luo and Jiajun Xu)The Consumption Issue in the Long-term Growth and Short-term Fluctuations (Zhigang Yuan and Can Rao)The Political Economy of Chinese Reform (Zhe Yang)Whither Federalism, Chinese Style (Yongqin Wang)Financial Reform: Opportunity and Challenge to China's Future Growth (Zhigang Yuan and Jingwen Yu)China's Urbanization: Past, Present, and Future (Hao Zheng)China's Real Estate Market Development (Yuan Wang)Fiscal System and Local Government Behavior (Shengyan Xu and Wancong Li)The Demographic Factors in the Chinese Economy (Qin Chen)The Labor Market in China (Qin Chen)Social Justice and Intergenerational Income Mobility (Lin Chen)Further Development of Urbanization and the Policy Research on the Rural Migrant Workers Granted Urban Citizenship (Jing Tan) Readership: Undergraduates, graduates, researchers, academics who are interested in Chinese economy and the China model. Keywords:Chinese Economy;Economic Transition;China Model;Political Economy;Financial ReformKey Features:Professor Yuan is the dean of school of economics in Fudan university, an eminent economist in China and a Sun Yefang Prize laureate (highest honor of economics in China)The book contains hottest topics on Chinese economy, such as land market reform, new-type urbanization and financial reformThe book provides rigorous and profound theoretic analysis on Chinese economy while interpreting the economic problems in China with easy-to-understand terms

China’s 40 Years of Economic Reform and Development

Author : Xinli Zheng
Publisher : Springer
Page : 452 pages
File Size : 46,8 Mb
Release : 2018-10-12
Category : Business & Economics
ISBN : 9789811327278

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China’s 40 Years of Economic Reform and Development by Xinli Zheng Pdf

This book aims to explain the secret to China’s rapid growth over the last 40 years from the viewpoint of a firsthand witness. Zheng Xinli was enrolled as a graduate student of economics 40 years ago, at a time when very few Chinese people could enroll in higher-level education, let alone graduate school. Since 1978, he has been engaged in the study of macroeconomic theory and economic policy. He has worked with the economic group of the Research Section of the Secretariat of the Central Committee of the Communist Party of China, the State Information Center, and the Policy Research Office of the State Planning Commission, as well as other organizations. His work serves to help Chinese leaders in making economic decisions. In 2013, Zheng Xinli appeared on the list of China’s Top Ten Economists. With the addition of several up-to-date articles, this book is mainly a condensed version of a 16-volume collection of essays selected from among the more-than-500 articles published by Zheng between 1981 and 2016. Addressing some of the major issues in China, namely, Reform and Development, Development Patterns, Macro Regulation, Balanced Urban and Rural Development, Innovation, and Industry Revitalization, the book, as Zheng himself puts it, visualizes the birth process of different policies and measures which have catered to the different stages of reform. As an insider, and also partly as a designer and architect, Zheng Xinli provides readers with a view of China’s reform from the top.

The China Miracle

Author : Justin Yifu Lin,Fang Cai,Zhou Li
Publisher : Chinese University Press
Page : 436 pages
File Size : 41,6 Mb
Release : 2003
Category : Business & Economics
ISBN : 9622019854

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

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 Chinese planning system. In this revised edition, the authors update the data and information in the book and include a new chapter on the impact of China's WTO accession on its reform.

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 : 54,8 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?

Economic Development in Modern China Before 1949

Author : Guan Quan
Publisher : Taylor & Francis
Page : 265 pages
File Size : 54,7 Mb
Release : 2023-07-31
Category : Business & Economics
ISBN : 9781000908770

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Economic Development in Modern China Before 1949 by Guan Quan Pdf

As the first volume of a two-volume set on Chinese economic history, this book investigates Chinese economic development between 1912 and 1949 and unravels the overall level during that time. From the perspective of development economics, the two-volume set studies the economic history and development of China since 1912, with a focus on the quantitative analysis of economic activities. Comprised of two core parts, this first volume, centering on the period of the Republic of China, first describes the historical process and characteristics of the economy at different stages and then looks into the momentum and inner logic that underpin the economic development. The former part covers issues of agriculture, industry, population, and labour force, urbanization, price changes, people’s consumption and living standard, regional difference, etc. The latter part includes discussions on natural and human resources, capital formation and technological progress, the role of government and finance, international trade, and foreign capital. This title will be an interesting read for scholars and students working on Chinese economic history, the Chinese economy, and modern Chinese society.