Download or read book The Evolution of China s Banking System 1993 2017 written by Guy Williams and published by Routledge. This book was released on 2018-06-28 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book traces the development of China’s banking system through the first 25 years of China’s socialist market economy up to the present. It examines how China’s leaders have chosen their own path for reforming and regulating the banking sector and shows how this approach has differed significantly from the neoliberal approach promoted by the West. The book demonstrates the effectiveness of the Chinese approach, contrasting China’s relative success in weathering the Asian financial crisis with the huge disruption experienced by other East and Southeast Asian nations which had followed the neoliberal model much more closely. The book explains how China’s officials were able to resist the persistent efforts of foreign financial institutions to gain control of China’s financial sector, particularly around the time of China’s entry to the World Trade Organization. It argues that China’s increasing influence in international financial institutions after the global financial crisis can help mitigate the risk of future financial crises and promote global financial stability.
Download or read book Compressed Development written by D. Hugh Whittaker and published by Oxford University Press. This book was released on 2020-09-15 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes a new way to approach comparative international development by focusing on time and timing in economic and social development. The UK industrialized over two centuries, and then started to de-industrialize in the late 1960s. Today, the most rapid developers experience aspects of industrialization and de-industrialization simultaneously. It is no longer clear that industrialization offers the path of growth it once did; industrialization has become 'thin.' Demographic and social challenges that earlier developers faced sequentially now come at the same time. Rapid growers experience compression most acutely, but the spatial and temporal fusing of past and present is widespread, affecting high-, middle-, and lower-income countries alike. Timing refers to the differences in historical periods in which development takes place. The geopolitical, institutional and technological environment for countries recently integrated into the global economy has been vastly different from that of the preceding postwar decades of 'embedded liberalism,' although it does contain echoes of the 'first globalization' and 'first financialization' a century ago. The first era of liberalism did not end well, and the second is similarly foundering on the rocks of nationalism and protectionism, as it is being battered by a global pandemic. The authors propose an interdisciplinary conceptual framework based on co-evolving state-market and organization-technology dyads, which will help readers make sense of contemporary development across multiple societies, sectors and geographies, and provide a template for historical comparison.
Download or read book China s Commercial Health Insurance written by China Development Research Foundation and published by Routledge. This book was released on 2020-08-18 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the financing of China’s health system, argues that present arrangements are not adequate and proposes an increased role for commercial health insurance as a way of overcoming the difficulties. Highlighting that China’s present social medical insurance system can only cover basic medical services, with the results that many Chinese people with higher income are going abroad for high-quality medical services and that doctors are not bringing in the salaries and obtaining the social status they expect, the book suggests that commercial health insurance offers a possible solution, in that it can help meet the demand of higher-income groups for better healthcare services while at the same time increasing the income of more competent medical professionals. The book goes on to consider the current state of China’s commercial insurance industry, outlining the various challenges that the industry needs to overcome if it is to fulfil an increased role, challenges such as greater specialization, increased capacity, structural reform, improved regulation and closer integration with China’s medical reform programme.
Download or read book Wind Power in China written by Julia Kirch Kirkegaard and published by Routledge. This book was released on 2018-11-12 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whilst China’s growing economy is widely regarded as being responsible for severe environmental degradation and a high reliance on energy from fossil fuels, China is emerging as a potential leader in new green energy technologies. Outlining the extraordinary growth in China’s wind power capacity since 2005, this book explores the deliberate creation of a whole industry and the strategy of transitioning the power sector to renewable energy by accelerated experimentation and through literally pushing the emerging wind power sector to its limits. Investigating how wind power may not always be considered as sustainable in a wider Chinese developmental context, the book traces the struggle China has had in getting this high technology sector to qualify as truly Chinese scientific development, whilst often being opaquely at the mercy of foreign expertise, technology, and certification. The book furthermore exposes the surprising nuances, dynamics, and potency of unexpected players in Chinese wind power marketisation. Complex interplays are revealed between wind turbine control systems, algorithms in critical software technology, relationships between suppliers, wind farm developers, financiers, the electrical grid itself, the coal lobby, the broader Chinese state, and much more. The book has important implications far beyond wind power and contemporary China studies, highlighting the much wider story of China’s fragmented and experimental style of innovating, upgrading, and greening.
Download or read book Multinationals Global Value Chains and Governance written by Peter Hertenstein and published by Routledge. This book was released on 2019-08-16 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book uses the examples of local supply firms in China and Brazil and their connections to the global automotive industry to explore the nature of current global value chains. It argues that lead firms make use of product architecture to globalize their procurement and supply chain management and that they effectively restructure the global supply base by internationalizing the most capable supply firms, thereby creating oligopolies controlled by the lead firm. The book goes on to contend that some firms have gained such powerful positions that they have gained a degree of control over other firms without the necessity of ownership – altering the mechanics of governance. Also, it shows how, although some supply firms from emerging markets have utilized their business ties with western assembly firms to upgrade themselves within the global value chain, most are squeezed out through increased global competition. Overall, the book makes a major new contribution to the economic theory of governance.
Download or read book International Economic Governance in a Multipolar World written by Radhika Desai and published by Routledge. This book was released on 2022-04-19 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers key aspects of the governance of the world economy, from the structures of capitalism to regional economic integration through the trading and production systems. International economic governance was already in crisis well before the pandemic, and talk of the crisis of multilateralism and of the postwar Bretton Woods arrangements had become commonplace. The pandemic, with its economic, political, and international reverberations, has only widened and deepened that crisis, which has now taken the form of a new cold war on China, and made the search for solutions more urgent. In this context, the chapters in this volume contribute to a deeper understanding of how international economic governance and the world economy have been changing over the long run, and provide insights into the new forms they are taking at the macro and micro levels. The book covers the crisis of capitalism revealed by the pandemic, particularly when contrasted with socialist countries, initiatives of regional economic integration that challenge, rather than being subordinated by, western powers, including the US, the evolution of the trade regime in ways that make contemporary trade wars intelligible, and the shakeup of the international production system. The chapters in this book were originally published as a special issue of The Japanese Political Economy.
Download or read book The Evolution of China s Banking System 19932017 written by Guy Williams and published by Routledge. This book was released on 2020-08-14 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book traces China's banking system through the first twenty five years of China's socialist market economy to the present. It examines how China's leaders chose their own path for reforming and regulating the banking sector and how this differed from the neoliberal approach promoted by the West.
Download or read book OECD Business and Finance Outlook 2018 written by OECD and published by OECD Publishing. This book was released on 2018-09-03 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Business and Finance Outlook is an annual publication that presents unique data and analysis on the trends, both positive and negative, that are shaping tomorrow’s world of business, finance and investment.
Download or read book Mobilization Effects of Multilateral Development Banks written by Chiara Broccolini and published by International Monetary Fund. This book was released on 2019-02-15 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: We use loan-level data on syndicated lending to a large sample of developing countries between 1993 and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), controlling for a large set of fixed effects. We find evidence of positive and significant direct and indirect mobilization effects of multilateral lending on the number of deals and on the total size of bank inflows. The number of lending banks and the average maturity of syndicated loans also increase after MDB lending. These effects are present not only on impact, but they last up to three years and are not offset by a decline in bond financing. There is no evidence of anticipation effects and the results are not driven by confounding factors, such as the presence of large global banks, Chinese lending and aid flows. Finally, the economic effects are sizable, suggesting that MBDs can play a vital role to mobilize private sector financing to achieve the goals of the 2030 Development Agenda.
Download or read book Innovative China written by Development Research Center of the State Council and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: After more than three decades of average annual growth close to 10 percent, China's economy is transitioning to a 'new normal' of slower but more balanced and sustainable growth. Its old drivers of growth -- a growing labor force, the migration from rural areas to cities, high levels of investments, and expanding exports -- are waning or having less impact. China's policymakers are well aware that the country needs new drivers of growth. This report proposes a reform agenda that emphasizes productivity and innovation to help policymakers promote China's future growth and achieve their vision of a modern and innovative China. The reform agenda is based on the three D's: removing Distortions to strengthen market competition and enhance the efficient allocation of resources in the economy; accelerating Diffusion of advanced technologies and management practices in China's economy, taking advantage of the large remaining potential for catch-up growth; and fostering Discovery and nurturing China's competitive and innovative capacity as China approaches OECD incomes in the decades ahead and extends the global innovation and technology frontier.
Download or read book Innovative China written by Development Research Center of the State Council;World Bank Group and published by World Bank Publications. This book was released on 2020-01-13 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: After more than three decades of average annual growth close to 10 percent, China's economy is transitioning to a 'new normal' of slower but more balanced and sustainable growth. Its old drivers of growth -- a growing labor force, the migration from rural areas to cities, high levels of investments, and expanding exports -- are waning or having less impact. China's policymakers are well aware that the country needs new drivers of growth. This report proposes a reform agenda that emphasizes productivity and innovation to help policymakers promote China's future growth and achieve their vision of a modern and innovative China. The reform agenda is based on the three D's: removing Distortions to strengthen market competition and enhance the efficient allocation of resources in the economy; accelerating Diffusion of advanced technologies and management practices in China's economy, taking advantage of the large remaining potential for catch-up growth; and fostering Discovery and nurturing China's competitive and innovative capacity as China approaches OECD incomes in the decades ahead and extends the global innovation and technology frontier.
Download or read book Sustainable Development in Banking and Finance written by Nesrin Ozatac and published by Springer Nature. This book was released on with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cross Border Currency Exposures written by Luciana Juvenal and published by International Monetary Fund. This book was released on 2019-12-27 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a dataset on the currency composition of the international investment position for a group of 50 countries for the period 1990-2017. It improves available data based on estimates by incorporating actual data reported by statistical authorities and refining estimation methods. The paper illustrates current and new uses of these data, with particular focus on the evolution of currency exposures of cross-border positions.
Download or read book Global Talent Retention written by David G. Allen and published by Emerald Group Publishing. This book was released on 2021-09-30 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through extensive research Global Talent Retention: Understanding Employee Turnover Around the World addresses the need for turnover theory and research to give more careful consideration to global and cross-cultural perspectives on employee retention, and includes contributions from a global range of scholars.
Download or read book US China Economic Relations written by Ha Jiming and published by Peterson Institute for International Economics. This book was released on 2019-04-25 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Outright trade war between the world’s two largest economies would be devastating to the working people of both countries, as well as destructive to the future of the entire world economy. The costs of conflict between China and the United States far outweigh the current causes of dispute in their economic relationship. These costs would be both direct, in terms of short-term losses of growth and employment, and indirect, in terms of long-term damage to the world trading system, diminishing investment and efficiency. There are points of genuine dispute between the United States and China over their economic interaction. Even if their economic significance is often exaggerated, these are legitimate points of contention and have to be addressed in a constructive manner. The analyses in this volume aim to contribute to a more reality-based consideration of both countries’ enlightened self-interests, which would yield progress on points of dispute in a manner consistent with keeping the world economy open for business.
Download or read book Dragonomics written by Carol Wise and published by Yale University Press. This book was released on 2020-03-24 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: An insightful examination of the political and economic ties between China and Latin America from the 1950s to the present This book explores the impact of Chinese growth on Latin America since the early 2000s. Roughly twenty years ago, Chinese entrepreneurs headed to the Western Hemisphere in search of profits and commodities, specifically those that China lacked and that some Latin American countries held in abundance—copper, iron ore, crude oil, soybeans, and fish meal. Focusing largely on Argentina, Brazil, Chile, Costa Rica, Mexico, and Peru, Carol Wise traces the evolution of political and economic ties between China and these countries and analyzes how success has varied by sector, project, and country. She also assesses the costs and benefits of Latin America’s recent pivot toward Asia. Wise argues that while opportunities for closer economic integration with China are seemingly infinite, so are the risks, and contends that the best outcomes have stemmed from endeavors where the rule of law, regulatory oversight, and a clear strategy exist on the Latin American side.
Download or read book Cutting the Distance written by Nobuaki Hamaguchi and published by Springer. This book was released on 2018-09-26 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book represents a valuable contribution to the study of Asia–Latin America relations from the unprecedented collaboration of leading Latin American specialists of China, Japan, and Korea, representing views from their respective countries. The academic literature on this topic remains quite limited in spite of rapid expansion of the interregional trade and investment and active engagements to institutionalize relationships in recent years. Especially, the views from Asian academic researchers have not been expressed often. This book reveals why the partnership between the two geographically distant regions has gained more importance recently. The authors also discuss some tensions arising from the intensifying relationship, including the concentration in a few commodities of Latin American exports and the competition of Latin American industry with Asian exports, as well as geopolitical problems.
