China And The World Economy Anti Crisis And Rebalance

Author : Da Lei
Publisher : World Scientific
ISBN 13 : 9811247633
Total Pages : 235 pages
Book Rating : 4.37/5 ( download)

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Download or read book China And The World Economy: Anti-crisis And Rebalance written by Da Lei and published by World Scientific. This book was released on 2022-07-27 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies the main characteristics of the operation of the Chinese economy and the world economy after the financial crisis in 2008. The analysis starts from the core logic of the dilemma of the anti-crisis and rebalancing growth of the world economy. It further analyzes the impact of major countries' macro-economic policies on the global economy and the external risks and countermeasures faced by the Chinese economy. In addition, this book studies the development of foreign direct investment and the service industry in major countries after the crisis.

Author : Da Lei (College teacher)
Publisher :
ISBN 13 : 9789811247620
Total Pages : 0 pages
Book Rating : 4.25/5 ( download)

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Download or read book China and the World Economy written by Da Lei (College teacher) and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Mr.Anoop Singh
Publisher : International Monetary Fund
ISBN 13 : 1484303938
Total Pages : 292 pages
Book Rating : 4.31/5 ( download)

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Download or read book China's Economy in Transition written by Mr.Anoop Singh and published by International Monetary Fund. This book was released on 2013-11-07 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's current account surplus has declined to around one-quarter the peak reached before the global financial crisis. While this is a major reduction in China's external imbalance, it has not been accompanied by a decisive shift toward consumption-based growth. Instead, the compression in its external surplus has been accomplished through increasing fixed investment so that it is now an even higher share of China's national economy. This increasing reliance on fixed investment as the main driver of China's growth raises questions about the durability of the compression in the external surplus and the sustainability of the current growth model that has had unprecedented success in lifting about 500 million people out of poverty over the last three decades. This volume examines various aspects of the rebalancing process underway in China, highlighting policy lessons for achieving stable, sustainable, and inclusive growth.

Author : SHAO Binhong
Publisher : BRILL
ISBN 13 : 9004255842
Total Pages : 349 pages
Book Rating : 4.45/5 ( download)

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Download or read book China and the World written by SHAO Binhong and published by BRILL. This book was released on 2013-06-20 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is China's rightful place on the world stage? Will the world remain unipolar as signs of American decline appear to be mounting? How can China maintain a harmonious relationship with its neighbors? What does China intend to do with the new power and influence that appears to be at its disposal? In light of emergent post-2008 economic realities, how should China adjust its foreign economic relations? This volume, the first of its kind, gathers a collection of translations of influential essays, talks, and papers on Chinese foreign policy, national security, and foreign economic relations written by Chinese elites. Many papers have also served as propositions for policy prescriptions to China's leaders, the vast majority of which have to date only been available in Chinese.

Author : Huw McKay
Publisher : ANU E Press
ISBN 13 : 1921862807
Total Pages : 386 pages
Book Rating : 4.09/5 ( download)

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Download or read book Rebalancing and Sustaining Growth in China written by Huw McKay and published by ANU E Press. This book was released on 2012-07-01 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: The idea that China’s economy needs to rebalance is no longer controversial inside or outside the country. Whether it be the increasing recognition of income inequality at home; the still large external surplus; the focus on consumption and industrial upgrading in the policy discourse; the economic, political and social tensions associated with the major decline in housing affordability; the profound conflict between industrialisation, urbanisation and the biosphere; the profitability gulf between the top SOEs and private firms; or the uni-directional pressures pushing on the real exchange rate; the evidence in favour of a highly imbalanced structure is omnipresent. Rebalancing and Sustaining Growth in China brings together some of the world’s leading observers of the Chinese economy to debate the multifarious questions pertaining to rebalancing. How are we to make sense of the many, often contradictory, proposals that seek the same ultimate objective of a more sustainable growth model? What mix of policies will be most effective in addressing the required structural change without sacrificing prosperity along the way? Where should we look for root causes, and how can we avoid getting distracted by symptoms? How do China’s unique internal migration dynamics – and the Lewis turning point – constrain its options? What role will and should financial, fiscal and welfare reform play in the process? Where do water and energy security fit in? Can China innovate before it gets old – or can China get smart before it gets rich? And are intergenerational issues being taken into account?

Author : Nicholas R. Lardy
Publisher : Peterson Institute
ISBN 13 : 088132633X
Total Pages : 310 pages
Book Rating : 4.38/5 ( download)

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Download or read book Sustaining China's Economic Growth After the Global Financial Crisis written by Nicholas R. Lardy and published by Peterson Institute. This book was released on 2011-12-15 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis and ensuing economic downturn has raised many questions concerning the future of global economic growth. Prior to the financial crisis, global growth was characterized by growing imbalances, reflected primarily in large trade surpluses in China, Japan, Germany, and the oil exporting countries and rapidly growing deficits, primarily in the United States. The global crisis raises the question of whether the previous growth model of low consumption, high saving countries such as China is obsolete. Although a strong and rapid policy response beginning in the early fall of 2008 made China the first globally significant economy to come off the bottom and begin to grow more rapidly, critics charged that China's recovery was based on the old growth model, relying primarily on burgeoning investment in the short run and the expectation of a revival of expanding net exports once global recovery gained traction. Critics, however, argued that as government-financed investment inevitably tapered off, the likelihood was that global recovery would not be sufficiently strong for China's exports to resume their former role as a major contributor to China's economic expansion. The prospect, in the eyes of these critics, is that China's growth will inevitably falter. This study examines China's response to the global crisis, the prospects for altering the model of economic growth that dominated the first decade of this century, and the implications for the United States and the global economy of successful Chinese rebalancing. On the first it analyzes the strengths and weaknesses of China's stimulus program. On the second it analyzes the nature of origins of the imbalances in China's economy and the array of policy options that the government has to transition to more consumption-driven growth. On the third successful rebalancing would mean that more rapid growth of consumption would offset the drag on growth from a shrinkage of China's external surplus. Successful rebalancing would mean China would no longer be a source of financing for any ongoing US external deficit. From a global perspective China would no longer be a source of the global economic imbalances that contributed to the recent global financial crisis and great recession.

Author : Andrew Scobell
Publisher : Rand Corporation
ISBN 13 : 1977404200
Total Pages : 155 pages
Book Rating : 4.06/5 ( download)

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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.

Author : Yukon Huang
Publisher : Oxford University Press
ISBN 13 : 0190630043
Total Pages : 256 pages
Book Rating : 4.41/5 ( download)

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Download or read book Cracking the China Conundrum written by Yukon Huang and published by Oxford University Press. This book was released on 2017-06-22 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's rise is altering global power relations, reshaping economic debates, and commanding tremendous public attention. Despite extensive media and academic scrutiny, the conventional wisdom about China's economy is often wrong. Cracking the China Conundrum provides a holistic and contrarian view of China's major economic, political, and foreign policy issues. Yukon Huang trenchantly addresses widely accepted yet misguided views in the analysis of China's economy. He examines arguments about the causes and effects of China's possible debt and property market bubbles, trade and investment relations with the Western world, the links between corruption and political liberalization in a growing economy and Beijing's more assertive foreign policies. Huang explains that such misconceptions arise in part because China's economic system is unprecedented in many ways-namely because it's driven by both the market and state- which complicates the task of designing accurate and adaptable analysis and research. Further, China's size, regional diversity, and uniquely decentralized administrative system poses difficulties for making generalizations and comparisons from micro to macro levels when trying to interpret China's economic state accurately. This book not only interprets the ideologies that experts continue building misguided theories upon, but also examines the contributing factors to this puzzle. Cracking the China Conundrum provides an enlightening and corrective viewpoint on several major economic and political foreign policy concerns currently shaping China's economic environment.

Author : Scott Kennedy
Publisher : Stanford University Press
ISBN 13 : 0804769583
Total Pages : 277 pages
Book Rating : 4.87/5 ( download)

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Download or read book Beyond the Middle Kingdom written by Scott Kennedy and published by Stanford University Press. This book was released on 2011-04-15 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book breaks new ground by systematically examining China's capitalist transformation through several comparative lenses. The great majority of research on China to date has consisted of single-country studies. This is the result of the methodological demands of studying China and a sense of the country's distinctiveness due to its grand size and long history. The moniker Middle Kingdom, a direct translation of the Chinese-language word for China, is one of the most prominent symbols of the country's supposed uniqueness. Composed of contributions from leading specialists on China's political economy, this volume demonstrates the benefits of systematically comparing China with other countries, including France, Russia, Japan, South Korea, Indonesia, India, Brazil, and South Africa. Doing so puts the People's Republic in a light not available through other approaches, and it provides a chance to consider political theories by including an important case too often left out of studies.

Author : Rush Doshi
Publisher : Oxford University Press
ISBN 13 : 0197527876
Total Pages : 433 pages
Book Rating : 4.70/5 ( download)

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Download or read book The Long Game written by Rush Doshi and published by Oxford University Press. This book was released on 2021-06-11 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: For more than a century, no US adversary or coalition of adversaries - not Nazi Germany, Imperial Japan, or the Soviet Union - has ever reached sixty percent of US GDP. China is the sole exception, and it is fast emerging into a global superpower that could rival, if not eclipse, the United States. What does China want, does it have a grand strategy to achieve it, and what should the United States do about it? In The Long Game, Rush Doshi draws from a rich base of Chinese primary sources, including decades worth of party documents, leaked materials, memoirs by party leaders, and a careful analysis of China's conduct to provide a history of China's grand strategy since the end of the Cold War. Taking readers behind the Party's closed doors, he uncovers Beijing's long, methodical game to displace America from its hegemonic position in both the East Asia regional and global orders through three sequential "strategies of displacement." Beginning in the 1980s, China focused for two decades on "hiding capabilities and biding time." After the 2008 Global Financial Crisis, it became more assertive regionally, following a policy of "actively accomplishing something." Finally, in the aftermath populist elections of 2016, China shifted to an even more aggressive strategy for undermining US hegemony, adopting the phrase "great changes unseen in century." After charting how China's long game has evolved, Doshi offers a comprehensive yet asymmetric plan for an effective US response. Ironically, his proposed approach takes a page from Beijing's own strategic playbook to undermine China's ambitions and strengthen American order without competing dollar-for-dollar, ship-for-ship, or loan-for-loan.