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Book China s Economic Rise

    Book Details:
  • Author : Congressional Research Service
  • Publisher : Createspace Independent Publishing Platform
  • Release : 2017-09-17
  • ISBN : 9781976466953
  • Pages : 52 pages

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.

Book China   s Grand Strategy

    Book Details:
  • Author : Andrew Scobell
  • Publisher : Rand Corporation
  • Release : 2020-07-27
  • ISBN : 1977404200
  • Pages : 155 pages

Download or read book China s Grand Strategy written by Andrew Scobell and published by Rand Corporation. This book was released on 2020-07-27 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades.

Book Four year Economic Development Plan for Taiwan  Republic of China  1982 1985

Download or read book Four year Economic Development Plan for Taiwan Republic of China 1982 1985 written by Xing zheng yuan jing ji jian she wei yuan hui and published by . This book was released on 1981 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Military Industry in Taiwan and South Korea

Download or read book Military Industry in Taiwan and South Korea written by Janne E. Nolan and published by Springer. This book was released on 1986-02-24 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since World War II, the United States has done much to support economic, political, and social development in the Third World. At the same time, its policies toward developing nations often reflect an overly narrow conception of national and global security in which the influences of the modernization process seem scarcely to have been taken into account. Both strains in US policy are mirrored in strong academic traditions upon which policy-makers have drawn liberally in the postwar years. Developmentalists and security scholars alike will find much that is familiar in the case studies presented in Military Industry in Taiwan and South Korea. Dr Nolan's discussion of the stresses of rapid economic and political development in both states draws deeply on the modernization and dependencia studies of the last two decades, while her treatment of the 'security environment' within which domestic policies must be made will satisfy the international relationist concerned with states as actors within the international system. Throughout, Dr Nolan provides a detailed presentation of the behaviour of both polities that will be of interest to North-east Asian area specialists and students of US arms policy.

Book State and Society in the Taiwan Miracle

Download or read book State and Society in the Taiwan Miracle written by Thomas B. Gold and published by Routledge. This book was released on 2015-02-12 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the application of constructivist theory to international relations. The text examines the relevance of constructivism for empirical research, focusing on some of the key issues of contemporary international politics: ethnic and national identity; gender; and political economy.

Book Machinery and Economic Development

Download or read book Machinery and Economic Development written by Martin Fransman and published by Springer. This book was released on 1986-10-24 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Political Leadership and Agricultural Transformation

Download or read book Political Leadership and Agricultural Transformation written by Emelie Rohne Till and published by Springer Nature. This book was released on with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Industry Policy in Taiwan and Korea in the 1980s

Download or read book Industry Policy in Taiwan and Korea in the 1980s written by Heather Smith and published by Edward Elgar Publishing. This book was released on 2000-01-01 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This is a very good piece of research. As a book, it is important because it focuses on important conceptual and empirical issues, namely the role of government and industrial policy in promoting rapid economic growth; and particularly the case of Taiwan as an exemplar of rapid industrial development. The author convincingly refutes the view that sector-specific industrial policy was an important source of Taiwan's rapid industrial growth in the 1980s.' - Hugh T. Patrick, Columbia University, US 'Dr Smith takes Taiwan and Korea as case studies to address fundamental questions concerning the rapid growth and subsequent financial crisis in East Asia: * were the Taiwan and Korean governments interventionist in the 1980s? * did industry policy play a role in the financial crisis of 1997-1998? Heather Smith has put together a comprehensive discussion of strategic industry policy. She analyses at length the fascinating connection between the growth of the chaebol in Korea, its links to the government and to the financial sector, and the unravelling of the financial crisis in Korea. Her analysis throws light on the fundamental strength that Taiwan has shown throughout the crisis. These are fascinating and important questions vital to the economics profession and of interest to the enormous contingent of economic commentators following the East Asian crisis.' - Ron Duncan, Australian National University, Australia The growth in global competitiveness and interdependence has led to an increased interest in the role of industrial policy in achieving economic growth objectives. Heather Smith reignites the contentious debate of the role of the state using East Asian economic development in general with particular emphasis on Taiwan and Korea. Using quantitive techniques, the author analyses the view that industry policy interventions were a necessary factor explaining Taiwan's economic performance in the 1980s.

Book Ten Year Economic Development Plan for Taiwan Republic of China  1980 1989

Download or read book Ten Year Economic Development Plan for Taiwan Republic of China 1980 1989 written by Council for Economic Planning and Development, Executive Yuan and published by . This book was released on 1980 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Passing of Remoteness

Download or read book The Passing of Remoteness written by Meheroo Jussawalla and published by Institute of Southeast Asian Studies. This book was released on 1986 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers presented at a workshop called: Information Revolution in Asia-Pacific sponsored by Asian Mass Communication Research and Information Centre, Institute of Culture and Communication, East-West Center, Hubert H. Humphrey Institute of Public Affairs, and Institute of Southeast Asian Studies.

Book Growth determinants in East and Southeast Asian economies

Download or read book Growth determinants in East and Southeast Asian economies written by Hans-Jacob Krümmel and published by Duncker & Humblot. This book was released on 2022 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Already in the 1960s the four little dragons Hong Kong, Singapore, South Korea and Taiwan started their industrialization moving steadily upwards with increasing growth rates, some of them double-digit in the 1980s. Most significant for these results has been their export-oriented growth strategy capitalizing on low labour costs and opening them up to the world market with all its benefits and pressures. Until today they have attracted quite a lot of foreign investors bringing technology and skills beside the pure capital. Thus, all four countries have reached a more sophisticated level of production and partly even developed into service and financial centres.Combining these developments with the already advanced Japan, the entire Asia-Pacific Region must be seen as an extremely dynamic area often also mentioned as the Pacific Challenge. Thus it is of high interest to examine the determinants of growth behind this challenge, behind the economic success.Because of the specific Asian dimension of the success, especially the Asian mentality, a transfer of the growth strategy can only be possible to a very limited degree. But the Asian experiences can at least be helpful to the formulation of a country related development strategy showing up generally important growth factors.The contributors to this book analyze important factors such as development planning, foreign investment, deregulation, government intervention, human capital, finance and banking (service sector), technology transfer and promotion, trade (export promotion), agriculture and regional cooperation. For this purpose experts in Science and Economics report from their experiences.

Book Isolated States

    Book Details:
  • Author : Deon Geldenhuys
  • Publisher : Cambridge University Press
  • Release : 1990
  • ISBN : 9780521402682
  • Pages : 788 pages

Download or read book Isolated States written by Deon Geldenhuys and published by Cambridge University Press. This book was released on 1990 with total page 788 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines a largely neglected phenomenon in the field of international relations--the concept of the isolated state. Deon Geldenhuys begins by discussing how he measures both voluntary and enforced international isolation by, among other things, membership of international organizations, official visits and international censure. He then presents a number of case studies of self-isolation. The remainder of the study is devoted to an analysis of the enforced isolation of Taiwan, Israel, Chile and South Africa. Using a wealth of statistical material, he demonstrates their varying degrees of isolation in the diplomatic, military, economic and socio-cultural arenas of the international community.

Book

Download or read book written by and published by . This book was released on 1995 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Biotechnology in South Korea  Taiwan and Singapore

Download or read book Biotechnology in South Korea Taiwan and Singapore written by Robert Yuan and published by Springer. This book was released on 1988-06-18 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines biotechnology in the newly industrializing countries of Singapore, South Korea and Taiwan. Until recently, these countries have been known mainly for their first tentative moves into high technology. Government policy, research organizations and companies are covered.

Book Schooling in East Asia

Download or read book Schooling in East Asia written by R. Murray Thomas and published by Elsevier. This book was released on 2016-06-06 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Schooling in East Asia: Forces of Change focuses on the condition and backgrounds of formal and non-formal education in several East Asian countries, as well as the identification of the factors that have inspired the educational systems that these countries have taken up. The book takes into consideration the backgrounds of the educational system in Japan and China, noting the different social structures that were prevalent there. The text explains how leaders of every social structure have a great influence on the form of education of their people. Relatively, the development of the educational system in Taiwan, Hong Kong, Macau, North Korea, and South Korea is discussed. Educational policies, purpose of education, educational administration, and curriculum development are also considered. The text also gives emphasis on the forces that influenced the change in the educational system in these countries, including the educational attainment of teachers, teaching materials, curricula, and teaching methodology. A comparative appraisal of the educational system of these countries is also presented. The book is an important reference for scholars who are involved in promoting education, particularly curriculum development and implementation of schemes aimed at improving education.