Download or read book Exports and Economic Growth for the 1960 s and the 1970 s written by Kwok Wah Lum and published by . This book was released on 1983 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China s Economic Rise written by Congressional Research Service and published by Createspace Independent Publishing Platform. This book was released on 2017-09-17 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
Download or read book The Great Inflation written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2013-06-28 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Download or read book Structural Changes in the World Economy written by Béla Kádár and published by Burns & Oates. This book was released on 1984 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Structural change, economic policy, trade, production, OECD countries, developing countries in the 1960s and 1970s - economic implications, industrial development, technological change, industrialization policy, institutional framework, capital flow, economic relations, CMEA, OECD, trends, industrial production, Hungary, political aspect. References, statistical tables.
Download or read book Comparative Sociological Research in the 1960s and 1970s written by J. Michael Armer and published by BRILL. This book was released on 1982 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exports of Manufactures and Economic Growth written by William R. Cline and published by . This book was released on 2008 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Growth 1960 1970 written by Organisation for Economic Co-operation and Development and published by . This book was released on 1966 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Political Economy of Economic Growth in Africa 1960 2000 written by B. J. Ndulu and published by Cambridge University Press. This book was released on 2008 with total page 992 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 2 of an analysis of the economic development of Sub-Saharan Africa, 1960-2000.
Download or read book The End of the Asian Model written by Holger Henke and published by John Benjamins Publishing. This book was released on 2000-03-15 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the economic crisis in Asia, which unfolded in recent years, the development ‘model’ on which the phenomenal earlier success of several countries in the region was built requires increasing scrutiny. This anthology questions the validity of the notion promoted by some observers and international financial organizations that there is a universally applicable model of industrialization common to Asian countries. A number of senior and highly regarded Asia specialists are taking a critical look at the various development experiences of several (and some often neglected) Asian countries and evaluate their experiences in a comparative perspective. Comparing the analyses of countries such as Mongolia, the Pacific Islands, or Sri Lanka with Singapore, South Korea and other countries of the region leads the editors of this volume to the conclusion that the fashionable talk about a ‘model’ is not justified and that the picture is much more complex.
Download or read book Export Diversification and Economic Growth written by Juan Felipe Mejía and published by Springer Science & Business Media. This book was released on 2011-07-31 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main research problem addressed in the book is the one regarding the role that export diversification could play for enhancing economic growth in Colombia, both in terms of new products and new geographic markets. The underlying motivation for centering the analysis on the European Union’s market are manifold, reaching from the evident concentration of exports – both in terms of composition and markets- that Colombia still shows, to the small amount of empirical studies analyzing the current status and potentialities of the commercial relations between Colombia and the European Union.
Download or read book Economic Growth in Europe Since 1945 written by N. F. R. Crafts and published by Cambridge University Press. This book was released on 1996-04-18 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compelling volume re-examines the topic of economic growth in Europe after the Second World War. The contributors approach the subject armed not only with new theoretical ideas, but also with the experience of the 1980s on which to draw. The analysis is based on both applied economics and on economic history. Thus, while the volume is greatly informed by insights from growth theory, emphasis is given to the presentation of chronological and institutional detail. The case study approach and the adoption of a longer-run perspective than is normal for economists allow new insights to be obtained. As well as including chapters that consider the experience of individual European countries, the book explores general European institutional arrangements and historical circumstances. The result is a genuinely comparative picture of post-war growth, with insights that do not emerge from standard cross-section regressions based on the post-1960 period.
Download or read book Exports Trade Policy and Economic Growth in Eras of Globalization written by Edward M. Feasel and published by Routledge. This book was released on 2018-06-13 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an excellent resource for understanding the forces in international trade liberalization over two centuries that have brought us to this point, where the successes, setbacks and the countervailing forces now vie for the public's mind and support: the outcome of which will determine the future progress of increased globalization, or lack thereof. The book also examines whether trade policy has indeed promoted exports in the vast number of countries which increasingly look to trade agreements to gain a competitive edge, and to what extent export-driven growth has been an important force in advancing economic development around the world. In doing so, the book examines one of the most controversial issues in economic development: the promotion and significance of export-led growth.
Download or read book Industrial Growth and Productivity written by United States. Congress. Senate. Committee on the Budget. Subcommittee on Industrial Growth and Productivity and published by . This book was released on 1981 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic Development of Latin America Since Independence written by Luis Bértola and published by Oxford University Press. This book was released on 2012-10-25 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive and accessible overview of the economic history of Latin America over the two centuries since Independence. It considers its principal problems and the main policy trends and covers external trade, economic growth, and inequality.
Download or read book Trade Routes to Sustained Economic Growth written by A. Viravan and published by Springer. This book was released on 2015-12-30 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Success in Agricultural Transformation written by Isabelle Tsakok and published by Cambridge University Press. This book was released on 2011-08-01 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: To lift and keep millions out of poverty requires that smallholder agriculture be productive and profitable in the developing world. Do we know how to make this happen? Researchers and practitioners still debate how best to do so. The prevailing methodology, which claims causality from measures of statistical significance, is inductive and yields contradictory results. In this book, instead of correlations, Isabelle Tsakok looks for patterns common to cases of successful agricultural transformation and then tests them against other cases. She proposes a hypothesis that five sets of conditions are necessary to achieve success. She concludes that government investment in and delivery of public goods and services sustained over decades is essential to maintaining these conditions and thus successfully transform poverty-ridden agricultures. No amount of foreign aid can substitute for such sustained government commitment. The single most important threat to such government commitment is subservience to the rich and powerful minority.
Download or read book Exports Inflation and Growth written by Thorvaldur Gylfason and published by International Monetary Fund. This book was released on 1997-09-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper identifies some of the main determinants of exports and economic growth in cross-sectional data from the World Bank, covering 160 countries in the period 1985-1994. First, the linkages between the propensity to export and population, per capita income, agriculture, primary exports, and inflation are studied by statistical methods. Then, the relationship between economic growth and some of the above-mentioned determinants of exports and investment are scrutinized the same way. The main conclusion is that, in the period under review, high inflation and an abundance of natural resources tended to be associated with low exports and slow growth.
