Download or read book An Essay on Economic Reforms and Social Change in China written by Assar Lindbeck and published by World Bank Publications. This book was released on 2006 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The author applies a systems-oriented "holistic" approach to China's radical economic reforms during the past quarter of a century. He characterizes China's economic reforms in terms of a multidimensional classification of economic systems. When looking at the economic consequences of China's change of economic system, he deals with both the impressive growth performance and its economic costs. The author also studies the consequences of the economic reforms for the previous social arrangements in the country, which were tied to individual work units-agriculture communes, collective firms, and state-owned enterprises. He continues with the social development during the reform period, reflecting a complex mix of social advances, mainly in terms of poverty reduction, and regresses for large population groups in terms of income security and human services, such as education and, in particular, health care. Next, the author discusses China's future policy options in the social field, whereby he draws heavily on relevant experiences in industrial countries over the years. The future options are classified into three broad categories: policies influencing the level and distribution of factor income, income transfers including social insurance, and the provision of human services.
Download or read book Goh Keng Swee on China written by Yongnian Zheng and published by World Scientific. This book was released on 2012 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: Touted as one of the main engineers of Singapore''s economic growth, Dr Goh''s collection of writings and speeches seek to shed light on the various challenges that China faced in the early 90s. His arguments and analyses were presented clearly and concisely while being firmly established upon economic principles. Covering a broad range of topics from the growth of industries and enterprises to financial reforms and the difficulties of doing business in China, this collection provides a comprehensive view of problems the Chinese government faced while providing possible solutions. Despite being written two decades ago, the issues raised in these papers and speeches are uncannily relevant to the issues that the current Chinese government faces today.
Download or read book China s Economic Growth written by Michael Kennedy and published by GRIN Verlag. This book was released on 2014-01-29 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2013 in the subject Orientalism / Sinology - Chinese / China, grade: A, Webster University, language: English, abstract: The debate whether China’s economic growth can be considered a miracle or a myth is a complicated one. China has experienced a considerable economic boom it reformed its economy following 1978. Reforms led to the liberalization of China’s economy, brought about rapid urban development, and increased the middle class base allowing for its political and economic influence throughout the world to flourish. Some believe – and some fear – that China’s dramatic and speedy rise will advance it to a point, surpassing the United States as the world’s leading economic superpower. However, with a closer examination, it becomes evident that this may be unlikely as China is heavily dependent on developed Western states, such as the United States, for the raw materials it needs to feed its manufacturing industry. Furthermore, by 2003, fifty-five percent (Gilboy 2004) of China’s exports were from foreign funded enterprises. Therefore, China’s economic rise is not a miracle, but rather a result of opening trade barriers to businesses from advanced countries which want to take advantage of China’s inexpensive manufacturing sector.
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 State and Market in the Chinese Economy written by P. Nolan and published by Springer. This book was released on 1993-04-27 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides a unique examination of the relationship between the state and market in China's economic development over several centuries. Its analysis is situated in the wider context of debates about technical progress in the pre-modern world, about the impact of western imperialism, about the role of the state in the economic development of poor countries and in the transition of former communist countries away from Stalinist systems of political economy.
Download or read book Essays on China s Economic Growth and Regional Economic Development written by and published by . This book was released on 2012 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China s Search for Economic Growth written by Dixin Xu and published by . This book was released on 1982 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on papers presented at a conference held at Wingspread, Racine, Wisconsin, November 1980.
Download or read book The Economic Transformation of China written by Harold Hitchings Burbank Professor of Political Economy Emeritus Dwight H Perkins and published by . This book was released on 2015-03-30 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic Transformation of China is a collection of essays written by an eminent observer of the Chinese economy. The book covers the Chinese transformation beginning in the 1950s and continuing through the second decade of the twenty-first century. It includes an analysis of the forces that held China back before 1949, the nature of the economy as it operated under the Soviet model of development, and the transformation since 1978 into a “socialist market economy.” The essays of the post-1978 era reflect the author's view of the state of the reform effort at the time the essay was written and carries the story up to the 2012–2013 slowdown in economic growth.
Download or read book Essays on China s Economic Performance During the Reform Period written by Christer Ljungwall and published by . This book was released on 2003 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 Essays on China s Economic Growth written by Longfeng Ye and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The overall aim of this thesis is to gain a better understanding of China's growth prospects as it moves from a labor intensive exporter, with low wages and high investment, to a middle-income country with high wages and new challenges. The thesis looks at this issue first by attempting to gain a better understanding of whether there exists a middle-income trap, as suggested by the World Bank. The concept of a middle-income trap has attracted enormous interest but the existing literature lacks formal tests. I develop and apply a test of some necessary conditions for a country to be in a middle-income trap that takes into account short-run dynamics, stochastic trends and structural breaks. The results are sensitive to the model specification, but I find evidence of a middle-income trap in around half my sample of middle-income countries, suggesting the concept survives a more formal critique. Nevertheless the list of countries is smaller than often claimed and diers from the usual suspects. China, by my test, is not a candidate for a middle-income trap. The analysis then proceeds to the analysis of the TFP gains from rural-urban migration. Numerous studies report growth eects from labor reallocation in China to be 1-2 percentage points per year, which would appear to be a significant fraction of China's growth. Contrary to this conventional wisdom I show that the Solow-Denison-Kuznets labor reallocation eect is an order of only 0.25 percentage points per year in terms of TFP growth. There are two reasons for this dierence. First almost all existing studies have used a denition of a reallocation effect that differs from the conventional TFP based denition of Denison and Kuznets. Second I also allow for sectoral dierences in human capital, which are substantial in China. I conclude that the conventional view, that labor migration has made a major contribution to China's growth, cannot be justified by the standard growth accounting framework. The thesis then goes beyond the growth accounting framework where the growth rate of factor inputs is exogenous. Following the Ramsey-Cass-Koopmans framework, I develop a two-sector neoclassical growth model with optimal capital accumulation, migration and the Hukou restriction in labor market. I find that the impact of migration on aggregate growth, that includes eciency gains and induced capital accumulation, is around 2 percentage points per year. Capital accumulation facilitated by migration accounts for the majority of this 2 percentage points. The labor reallocation effect in absence of capital adjustment is in fact small. Furthermore, this induced capital accumulation is shown to be due to the impact of efficiency gains resulted from migration on the return to capital, and also the effect of migration on the relative price of nonagricultural goods, hence a lower price of investment relative to consumption.
Download or read book Three Essays on China s Economic Growth and Inequality written by Yuyu Wang and published by . This book was released on 2009 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Does China Matter written by Barry Buzan and published by Routledge. This book was released on 2004-03-18 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing the key work of Gerry Segal, this book examines China in the context of the world economy, the Asian economy, as a global military power, as a regional military power, within world and Asian politics, and within the contemporary world and Asian culture.
Download or read book Essays on Economic Growth in China written by Xiang Ao and published by . This book was released on 2002 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on the Impacts of China s Monetary Policy written by Shen Chen (Ph. D.) and published by . This book was released on 2018 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has experienced high speed of economic growth, trying to catch up with the developed countries. Monetary policy has played a more and more important role in China. This dissertation studies the impacts of China's monetary policy on China's housing market, stock market, and China's economic growth. The first essay examines macroeconomic determinants of China's housing price by constructing a VAR model. Granger Causality tests, impulse response functions and variance decompositions are used to analyze the impacts of macroeconomic factors on the housing price. By using the monthly data from 2005 to 2015, the results show that a contractionary monetary policy will cause the growth rate of housing prices to decline in China. However, output growth doesn't play an important role in housing price in China. Besides, it will take about half a year for a contractionary monetary policy to start to influence the housing prices and the effect will last for approximate two years after the policy is initially implemented. The second essay conducts empirical analysis of the influence of economy growth and monetary policy on the stock index in China. From 2008 to 2017, China's GDP growth remained above 6% and China surpassed Japan to become the world's second largest economy in 2011. However, after the financial crisis in 2007 China's stock market remained weak and stock index fluctuated up and down at the level of 2008. Some scholars believe that the downturn of stock market in China is the result of a slowdown in China's economy. And some argue that it can be caused by the government's intervention to stock market. This paper examines the determinant of China's stock index by constructing a VAR model. The results of the empirical study show that none of the real economic variables is a cause of the stock index. And monetary policy doesn't have significant effect on the stock market in China. The third essay employs a Dynamic Stochastic General Equilibrium (DSGE) model with Bayesian approach to model the China economy and to analyze the impacts of monetary policy shocks. The data are on a quarterly basis and from 1992 to 2014. Based on the results of the posterior distributions and impulse response functions, I find that the monetary policy shock does have significant effects on China's output and inflation. However, based on the results of variance decomposition I find that the monetary policy shocks didn't play significant role in China's business cycle. Hence, the monetary policy might not be the major driver for China's economic growth. The reason of the ineffectiveness of China's interest rate policy might be the imperfect financial market and interest rate control in China.
Download or read book Selected Essays in Chinese Economic Development written by Ramon Hawley Myers and published by New York : Garland Pub.. This book was released on 1980 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on China s Economic Development written by Xiangyi Meng and published by . This book was released on 2009 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
