Download or read book The Cost of Development in China written by Guangyu Hu and published by Springer. This book was released on 2017-05-10 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the future of China and its sustainable development, and summarizes the implications, forms, causes, countermeasures and related rules of the main costs generated during a country’s period of development, so as to provide a theoretical reference and decision-making consulting tools for institutions and scientific governance and management professionals. Combining China’s national situation and development characteristics with the country as a unit, it uses case studies to propose the concept of cost theory and the theoretical system of national development cost. Focusing on the goals of innovation in nation building, common development and prosperity, as well as enhancement of people’s net welfare, the book summarizes and draws conclusions about various aspects of national development, including economic development cost; political, social and cultural development cost; foreign opening-up development cost and nature development cost. It primarily establishes an indicator system of national development cost for promoting full-factor productivity and reducing development cost, and provides a theoretical basis for implementing the scientific political-achievement view.
Download or read book The Price of China s Economic Development written by Zhaohui Hong and published by University Press of Kentucky. This book was released on 2015-07-21 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
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 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 Sustainable Development in China written by Curtis Andressen and published by Routledge. This book was released on 2013-08-21 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past three decades, China’s economic structure, direction and international presence have undergone a dramatic transformation. This rapid rise and China’s enormous success in economic terms has created new challenges, and this book examines how the Chinese economy can continue to flourish, whilst at the same time protecting the environment and giving people more equal access to the benefits of the country’s economic development. Examining the key issues surrounding China's continued sustainable development, in economic, political, social and more traditional environmental terms, this book assesses the costs of China's rapid development to date and in turn asks whether this can be maintained. The contributors show that the idea of sustainable development must take into account more than just the physical environment, and that there are additional problems relating to the sustainability of China’s economic growth that are much more complicated. Divided into two broad sections, the book looks first at the broader issues of sustainability in China, before turning to the more classic idea of sustainability, that of the environment. In doing so, the contributors show that sustainability is a far more complex phenomenon than is often assumed, and that economic and social sustainability are inherently linked to linked to environmental sustainability. Dealing with what are arguably the greatest challenges facing China today, this book will be will be of great interests to students and scholars of Chinese studies, Chinese economics and Chinese politics, as well as those interested in development studies and sustainable development more broadly.
Download or read book Economic Development in the Context of China written by C. Tisdell and published by Springer. This book was released on 1992-12-09 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The China Miracle written by Justin Yifu Lin and published by Chinese University Press. This book was released on 2003 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book China s Economic Growth Towards Sustainable Economic Development and Social Justice written by John Joshua and published by Springer. This book was released on 2016-12-02 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two-volume book addresses the economic transformation occurring in China at present. The author investigates China's domestic and international policies, the impact of these policies on economic growth, and their effect on the quality of life for the people of China. In the first volume, the author distinguishes between economic growth and sustainable economic development, and discusses China's current and past economic policies towards growth. Chapters also explore the structural transformation of China's economy and its increasingly consumer-oriented nature. The second volume looks more specifically at the result of domestic policies on the quality of life for people living in China. The author examines the distribution of income, the alleviation of poverty, the Chinese education system, and the environmental cost of economic growth. These volumes will be of particular interest to researchers and scholars concerned with China's emerging economic power.
Download or read book The China Miracle written by Justin Yifu Lin and published by The Chinese University of Hong Kong Press. This book was released on 2004-03-15 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: The tremendous success of China's economic reform, in contrast with the vast difficulties encountered by the former Soviet Union and Eastern European countries in their transition, has attracted worldwide attention. 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 planning system. They also explain why the Chinese economy grew slowly before the market-oriented reform in 1979 but became one of the fastest growing economies afterwards, and why the vigour/chaos cycle became part of China's reform process. The book also addresses to the questions that whether China can continue its trend of reform and development and become the largest economy in the world in the early 21st century, and what the general implications of China's experience of development and reform are for other developing and transition economies. The first edition has been well-received and is the standard textbook or reference for students and researchers of China studies. In this thoroughly revised edition, the authors have updated the data and information in the book and include a new chapter on the impact of China's WTO accession on its economic reforms and causes of the current deflation.
Download or read book China s Development Experience in Comparative Perspective written by Joint Committee on Contemporary China. Subcommittee on Research on the Chinese Economy and published by Harvard University Press. This book was released on 1980 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monographic collection of essays on comparison of economic development trends and economic policy in China and experiences in other developing countries - covers economic growth, employment, public debt, income distribution, regional development, choice of technology, health services, etc. Diagrams, map and references.
Download or read book China s Economic Development written by Dennis Yang and published by Springer. This book was released on 2014-12-03 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The China Price written by Alexandra Harney and published by Penguin. This book was released on 2008 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: A landmark eyewitness exposŽ of how China's factory economy competes for Western business by selling out its workers, its environment, and its future In The China Price, acclaimed Financial Timescorrespondent Alex Harney uncovers the truth about how China is able to offer such amazingly low prices to the rest of the world. What she has discovered is a brutal, Hobbesian world in which intense pricing pressure from Western companies combines with ubiquitous corruption and a lack of transparency to exact an unseen and unconscionable toll in human misery and environmental damage. In a way, Harney shows, what goes on in China is inevitable. In a country with almost no transparency, where graft is institutionalized and workers have little recourse to the rule of law, incentives to lie about business practices vastly outweigh incentives to tell the truth. Harney reveals that despite a decade of monitoring factories, outsiders all too often have no idea of the conditions under which goods from China are made. She exposes the widespread practice of using a dummy or model factory as a company's false window out to the world, concealing a vast number of illegal factories operating completely off the books. Some Western companies are better than others about sniffing out such deception, but too many are perfectly happy to embrace plausible deniability as long as the prices remain so low. And in the gold-rush atmosphere that's infected the country, in which everyone is clamoring to get rich at once and corruption is rampant, it's almost impossible for the Chinese government's own underfunded regulatory mechanisms to do much good at all. But perhaps the most important revelation in The China Priceis how fast change is coming, one way or another. A generation of Chinese flocked from the rural interior of the country to its coastline, where its factory work largely is, in the largest mass migration in human history. But that migration has slowed dramatically, in no small part because of widespread disenchantment with the way of life the factories offer. As pollution in China's industrial cities worsens and their infrastructure buckles, and grassroots activism for more legal recourse grows, pressures are mounting on the system that will not dissipate without profound change. Managing the violence of that change is the greatest challenge China faces in the near future, and managing its impact on the world economy is the challenge that faces us all.
Download or read book Economic Development in Chinese Societies written by Y. C. Jao and published by Hong Kong University Press. This book was released on 1989-01-01 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China in the New Millennium written by James A. Dorn and published by . This book was released on 1998 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is expected to become the world's largest economy in less than two decades. Whether it does so will depend on continued growth of the non-state sector and how well China adapts to global market forces. The essays in this volume consider the state of China's economic reforms, the institutional changes necessary for China to become a global economic power, and the interplay between market reforms and social development in China.
Download or read book Market Development in China written by Belton M. Fleisher and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents the analysis of specialists on causes, benefits and problems resulting from China's transition to a market economy. This book deals with several facets of China's economic growth and its rising income inequality. It provides evidence on China's social and economic inequalities and their causes.
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 Investing in Human Capital for Economic Development in China written by Gordon G. Liu and published by World Scientific. This book was released on 2010 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ch. 1. Why China is likely to achieve its growth objectives / Robert W. Fogel -- ch. 2. The contribution of health and education to economic growth in China / Dean T. Jamison, Lawrence J. Lau and Jia Wang -- ch. 3. Education, innovation and economic growth / Xiaoguang Chen -- ch. 4. Endogenous health care and life expectancy in a neoclassical growth model / Michael C. M. Leung and Yong Wang -- ch. 5. Demand for education in China / Gregory C. Chow and Yan Shen -- ch. 6. Human capital and educational demand in China : 2000-2030 / Xiaoying Zheng ... [et al.] -- ch. 7. Changes in the pattern of China's school enrollment rates between 1990 and 2000 / Rachel Connelly and Zhenzhen Zheng -- ch. 8. School attainment and cost of education in rural China / Linxiu Zhang ... [et al.] -- ch. 9. The educational consequences of migration for children in China / Zai Liang and Yiu Por Chen -- ch. 10. An economic analysis of health care in China / Gregory C. Chow -- ch. 11. A theoretical analysis for Chinese new rural cooperative medical system / H. Holly Wang -- ch. 12. Wealth, education and demand for medical care : evidence from rural China / Jin Feng, Bei Qin and Yangyang Yu -- ch. 13. Famine and overweight in China / Zhehui Luo, Ren Mu and Xiaobo Zhang -- ch. 14. Immunization uptake in China / Åke Blomqvist and Haoming Liu -- ch. 15. Changing health inequality in China : the role of relative income / Zhuo Chen, Steven T. Yen and David B. Eastwood -- ch. 16. The relationship between health and schooling / Michael Grossman -- ch. 17. Income productivity in China : on the role of health / Gordon G. Liu ... [et al.] -- ch. 18. Ill health and its potential influence on household consumptions in rural China / Hong Wang, Licheng Zhang and William Hsiao -- ch. 19. Wages and returns to education in Chinese cities / Dennis Tao Yang -- ch. 20. The external returns to education : evidence from Chinese cities / Zhiqiang Liu -- ch. 21. Discrimination and development : the case of beauty in China / Daniel S. Hamermesh, Xin Meng and Junsen Zhang.
