Download or read book Development Centre Studies Chinese Economic Performance in the Long Run written by Maddison Angus and published by OECD Publishing. This book was released on 1998-09-25 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book End of Hyper Growth in China written by Jun Zhang and published by Springer. This book was released on 2016-07-12 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Dr. Jun Zhang rebuts the widely-held view that Chinese economic growth is unsustainable due to low consumption and a reliance on exports and enormous fixed-asset investments. Though many believe this “structural imbalance” of the Chinese economy will become a serious problem in the long run, Zhang holds a bullish long-term outlook owing to China's long-term economic development. For Zhang, China’s structural problems are greatly exaggerated and certain structures, such as regional governing entities, ensure that China will not face the same economic issues that Japan encountered. Through regional competition, regional governments will persevere; Zhang predicts that China will overtake the US as a superpower. Zhang concludes by acknowledging the real dangers facing China’s economy, and offering advice on the reforms needed to ensure continued growth.

Download or read book China 2049 written by David Dollar and published by Brookings Institution Press. This book was released on 2020-06-09 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Turning Point in China s Economic Development written by Ross Garnaut and published by ANU E Press. This book was released on 2006-08-01 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on China's long-term pattern of growth and employment, demographic shifts, and rural-urban migration, its agricultural trade and local elections, China's banking sector reform and its fiscal sustainability, its environmental concerns, and much more.

Download or read book Deepening Reform for China s Long term Growth and Development written by Ligang Song and published by ANU E Press. This book was released on 2014-07-10 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Chinese economy has entered a new phase of development in which sources of growth are not so much dependent upon pure increases in labour, investment and credit expansion, but from productivity improvement, structural changes, technological progress and the benefits from improvement of the social security and welfare improvement. When market functions are fully established to become a main channel for allocating resources, the entrepreneurship will flourish engaging in more innovative activities, workers will move more freely and have more incentives to improve their skills, firms will become more productive through market entry and exit, the economic structure will become more balanced because of the improved resource allocation, and in the end, growth will become more spontaneous and sustainable. In this sense, reforms could deliver ‘dividend’ by raising China’s potential economic growth rates. For China to confront all the challenges it faces at present, the reforms undertaken now have to be deep, comprehensive and far-reaching in order to succeed in paving the way for China to complete the task of transformation in the long-term. There is no better alternative than deepening the market-oriented reform in advancing the course of China’s modernisation for future development and prosperity and lifting China to the status of a developed economy in the next two decades. The recent China update books have covered the topic of reform from different angles and this new book is another attempt to address this important issue.

Download or read book China s Long Term Economic Development written by Hongjun Zhao and published by Edward Elgar Publishing. This book was released on 2018-08-31 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the evolution of Chinese governmental governance and its long-lasting impact on Chinese economic development, firstly by examining the formation of Chinese style governance, the core contents of this governance and its vitality compared to other governance patterns in Chinese history. Secondly, this book discusses the effectiveness of this governance in supporting economic development before the Song dynasty and its failure in serving economic development during the past three to five centuries. Ultimately, Hongjun Zhao predicts the direction Chinese governance will take in the next 20 years.

Download or read book Economic Transition in China written by Zhigang Yuan and published by World Scientific. This book was released on 2014-07-03 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book China s Economic Modernisation And Structural Changes Essays In Honour Of John Wong written by Zheng Yong-nian and published by World Scientific. This book was released on 2019-03-05 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a timely update on the ongoing transformation of the Chinese economy. As the world's second largest economy, China marked the 40th anniversary of economic reform and opening-up in 2018. In this book, top scholars on Chinese economic studies review China's remarkable economic achievement in the past four decades and analyse the challenges facing economic development in the country.The book focusses on structural changes of China's economy, which are essential to steer the country towards sustainable development. It studies the long-term factors affecting the Chinese economy such as education and innovation, and emerging sources of economic growth, such as e-commerce. Other important aspects of the Chinese economy explored in this book include the economic role of the Chinese government, fiscal reforms, capital account liberalisation, housing policies, competition policy and anti-monopoly law, China's export, trends of regional development and reforms of state-owned enterprises.This rich collection of policy-oriented economic studies is also a tribute to Professor John Wong, former research director of the East Asian Institute, National University of Singapore, who passed away in June 2018. For over three decades, Professor Wong had followed and provided insightful analyses on China's economic development.

Download or read book Demographic Perspective of China s Economic Development written by Fang Cai and published by Routledge. This book was released on 2020-05-17 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is historically famous for its high demographic dividend and its huge working population, and this has driven tremendous economic growth over the past few decades. However, that population has begun to shrink and the Lewis turning point whereby surplus rural population has been absorbed into manufacturing is also approaching, leading to great change in the Chinese labor market. Will this negatively affect China’s economic growth? Can the "Middle-Income Trap" be avoided? What reforms should be made on the labor supply side? This book tackles these key questions. This book is a collection of 14 papers presenting the author’s observations, analysis, and opinions of China’s long-term economic development from the demographic perspective, while analysing real economic problems from the past and including policy recommendations. It provides a critical reference for scholars and students interested in Chinese economic development and demographic perspectives on economic development.

Download or read book China s Economic Development Strategies Transformation And Innovation written by Rui Liu and published by World Scientific. This book was released on 2020-04-28 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is a powerful engine of the global economy and the country's rise is undoubtedly the outcome of its protracted campaign of designing and implementing national development strategies since the founding of the People's Republic of China in 1949. This book reviews the transformation and innovation of China's economic development strategies, especially Deng Xiaoping's Three-Step strategy and Xi Jinping's internal and external strategies. By introducing the concept of strategic paradigm, it analyzes the theoretical basis of myriads of economic development strategies and predicts China's choice. With the evolutionary process and the outstanding problems in national development planning as the main thread, it discusses the improvement of the national planning system, specifically of the national overall planning system, the regional planning system, the interplay and conflict between regional planning. It also studies the reform of city-county planning system, major function-oriented zones (MFOZs) and planning legislation and institutionalization. It also attempts to put forward proposals to coordinate the interests of planning departments and make different types of planning at different administrative levels compatible.

Download or read book How China Grows written by James Riedel and published by Princeton University Press. This book was released on 2023-06-06 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why investment and financial reform are essential to China's continued economic well-being Although China's economy has grown spectacularly over the last twenty-five years, economists disagree about how the Chinese economy is likely to fare in the short- and long-term future. Is China's growth sustainable, or has China relied too much on investment, which is subject to diminishing returns, and not enough on technological change? The first book on the relation between investment, finance, and growth in China, How China Grows dismisses this concern. James Riedel, Jing Jin, and Jian Gao argue that investment has not only been the engine of growth, but also the main source of technological progress and structural change in China. What threatens future growth instead, the authors argue, are the weaknesses of China's financial system that undermine efficiency in investment allocation. Financial-sector reform and development are necessary, not only for sustaining long-term growth, but also for maintaining macroeconomic stability. Although it includes some technical economic analysis, How China Grows is accessible to noneconomists and will benefit anyone who is interested in development finance in general and in China's economic growth in particular—whether economists, political scientists, bankers, or business people.

Download or read book A New Economic Growth Engine for China written by Wing Thye Woo and published by World Scientific. This book was released on 2012-08-22 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a report by leading international economic experts on China's economic priorities in the coming years. From various aspects of the domestic and foreign situation, China has now reached a critical juncture in its economic development. Unless China is able to overcome the difficulties in undertaking further reforms in the next ten years, China would be caught in the middle-income trap and be unable to become a modern country. The future course of China's economic development is also of great concern to the rest of the world because the socio-political-economic conditions in China will have significant impact on global economic prosperity and on global political harmony. The book is a product of close collaboration between the School of Economics at Fudan University and the Earth Institute at Columbia University. They cover a new paradigm for growth, short-term demand management, institutional reforms for middle-term growth, and strengthening the fundamentals for long-term growth. Contents:A New Economic Growth Engine for the 21st Century: Change Out Not Scale Up the Present Policy Regime:The Major Types of Middle-income Trap That Threaten China (Wing Thye Woo)Short-term Demand Management: Working the Hardware Correctly:A Prediction of China's Economy in 2012: Soft Landing and Back to the Normal (Gang Fan and Liping He)The Correction of China's Twin Surpluses (Yongding Yu)The Long-run Growth and Short-run Fluctuations of the Chinese Economy (Zhigang Yuan and Yuxin Yu)Institutional Reforms for Middle-term Growth: Upgrading the Hardware and Software:Reforming China's Public Pension System: Coping Effectively with Aging, Urbanization and Globalization (Jin Feng and Lixin He)Unraveling the Gridlock on Fiscal Reform in China: Government, Market and Central-local Relations (Yan Zhang)China's Financial Sector Development: Understanding the Past and Shaping the Future (Liqing Zhang and Xiaofen Tan)On Regional and Inter-household Inequality in China (Guanghua Wan, Jingjing Ye and Juzhong Zhuang)Strengthening the Long-term Growth Fundamentals: Sustaining the Power Supply:Ensuring Efficiency and Equality in China's Urbanization and Regional Development Strategy (Zhao Chen and Ming Lu)China 2049: Energy Security and Climate Change (Klaus S Lackner and Sarah Brennan)The Sustainability of Water Resources in China (Ximing Cai and Upmanu Lall) Readership: Researchers, students and readers interested in China's economy. Keywords:China;Chinese Economy;Asian Economies;Policies;Economic ReformReviews: "China has enjoyed an unusually long run of high ‘catch-up’ economic growth. Continuing to close the income gap between China and the highest income countries, however, poses new and more demanding challenges. This book edited by Wing Thye Woo et al. and including essays by some of China's best economists is a first rate effort to both define these challenges and to suggest solutions." Dwight Perkins Professor Emeritus of Economics, Harvard University "Will China keep growing rapidly to become a high-income country? No question is more consequential for the world economy. In this book, some of the best analysts of China examine the challenges and give us important answers." Ross Garnaut Chair, China Studies Program, Crawford School of Public Policy, Australian National University Former Ambassador of Australia to China "The economic problems that China faces are very complicated. The boldly creative solutions offered deserve serious study by policy-makers not only in China but also in other large countries because of the broad applicability of the innovative policy perspective that guides the analyses." Yang Yuliang President, Fudan University

Download or read book Sustaining China s Economic Growth After the Global Financial Crisis written by Nicholas R. Lardy and published by Peterson Institute. This book was released on 2012 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book China s Economic Growth Prospects written by Cai Fang and published by Edward Elgar Publishing. This book was released on 2016-01-29 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has grown rapidly since the reform initiation of the 1970s. China’s Economic Growth Prospects narrates the contribution of demographic transition to recent economic growth in China, and provides suggestions for ways in which it can sustain growth over the next few decades. The expert author provides reasons for the economic slowdown since the second decade of the twenty-first century; explores the challenges facing China’s long-term sustainability of growth with the disappearance of demographic dividend; and proposes policy suggestions. He concludes that, in order to avoid the middle-income trap, economic growth in China must transform from an inputs-driven pattern, to a productivity-driven pattern. Academics, researchers and students of economics and business, particularly those specialising in China, will find this book to be a useful resource. Investment bankers, journalists, politicians and policy makers will find the discussions of past experience and the future potential of the Chinese economy to be of interest.

Download or read book Macro control and Economic Development in China written by Jiagui Chen and published by Routledge. This book was released on 2016-09-01 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, together with Economic Development and Reform Deepening in China is a collection of papers written in recent years about maintaining economic growth, managing inflation, the relationship between growth and structural adjustment, control of price growth, maintaining stable economic development, and other relevant aspects of macro-control, economic development, and deepening reform. Chinese government adopts many of the recommendations put forward by the book.

Download or read book An Economic History of Modern China written by Joseph C. H. Chai and published by Edward Elgar Publishing. This book was released on 2011 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This book is a remarkable tour de force. Joseph Chai offers a fine synthesis of thinking about the nature and origins of China's long-run economic growth and structural change. Through the meticulous use of an impressive range of sources, he explores some of the most challenging puzzles of China's economic history, such as its failure to match the modern industrial revolutions of Western Europe, or, closer to home, to rival Japan's economic transformation in the final decades of the nineteenth century. His definition of history is broad and his narrative extends down to the present day, thereby illuminating continuities and discontinuities across not only the historical divides of 1840 and 1911, but also those of 1949 and 1979. But despite its ambitious scope, Chai's analysis is authoritative, nuanced and full of detail. It will surely become necessary reading not only within the academic community of China scholars and students, but also among that even larger audience of readers seeking to understand the "rise of China".' Robert Ash, University of London, UK 'For most people interested in the contemporary Chinese economy, the story begins with Deng Xiaoping's policy of Opening and Reform in 1978. This is especially true of students from China, where modern history is still taught in a simple, politically determined framework. This situation urgently needs remedying and Joseph Chai's new book is a valuable step in this direction. Chai surveys China's economic growth from the earliest times to the present day explaining the key turning points and the intellectual puzzles that arise in this long evolution. This book will be of interest to the general reader and will be valuable as a textbook for students studying any aspect of China's current development and prospects.' Christopher Howe, University of London, UK 'Joseph Chai places the recent phase of China's spectacular economic growth in its historical context in his well-researched, interesting and accessible overview of the economic history of China. Because no similar up-to-date book is available in English, English readers will find this book particularly welcome. Valuable attributes of his exposition include analyses of various economic puzzles (for example, why did China, which was once the world's economic leader, falter, suffer economic retardation, fall behind Europe and begin its economic resurgence later than Japan?) and his thoughtful considerations of the prospects for China's future economic growth. This book is highly recommended.' Clem Tisdell, The University of Queensland, Australia As a country's current development is path dependent, the rise of China and its strategic implications can only be understood in a historical context. Hence, the key to understanding contemporary China is the understanding of its past. So far there has been an absence of a comprehensive text dealing with Chinese economic history in the English language. An Economic History of Modern China fills this important gap, focusing on modern Chinese economic growth and comprehensively surveying the patterns of China's growth experience over the past 200 years, from the Opium wars to the present day. Key events are traced back to their foundations in history to explain their impact on China's modern economic growth.

Download or read book A Shift Toward High Quality Development of China written by Peiyong Gao and published by Springer Nature. This book was released on with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: