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Development Centre Studies Chinese Economic Performance in the Long Run

Author : Maddison Angus
Publisher : OECD Publishing
Page : 196 pages
File Size : 22,39 MB
Release : 1998-09-25
Category :
ISBN : 9264163557

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The study provides a major reassessment of the scale and scope of China’s resurgence over the past half century, employing quantitative measurement techniques which are standard practice in OECD countries, but which have not hitherto been available for China.

End of Hyper Growth in China?

Author : Jun Zhang
Publisher : Springer
Page : 205 pages
File Size : 18,72 MB
Release : 2016-07-12
Category : Business & Economics
ISBN : 1137537183

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In this book, Dr. Jun Zhang rebuts the widely-held view that Chinese economic growth is unsustainable due to low consumption and a reliance on exports and enormous fixed-asset investments. Though many believe this “structural imbalance” of the Chinese economy will become a serious problem in the long run, Zhang holds a bullish long-term outlook owing to China's long-term economic development. For Zhang, China’s structural problems are greatly exaggerated and certain structures, such as regional governing entities, ensure that China will not face the same economic issues that Japan encountered. Through regional competition, regional governments will persevere; Zhang predicts that China will overtake the US as a superpower. Zhang concludes by acknowledging the real dangers facing China’s economy, and offering advice on the reforms needed to ensure continued growth.

The Turning Point in China's Economic Development

Author : Ross Garnaut
Publisher : ANU E Press
Page : 407 pages
File Size : 40,88 MB
Release : 2006-08-01
Category : Business & Economics
ISBN : 1920942769

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Focuses on China's long-term pattern of growth and employment, demographic shifts, and rural-urban migration, its agricultural trade and local elections, China's banking sector reform and its fiscal sustainability, its environmental concerns, and much more.

China 2049

Author : David Dollar
Publisher : Brookings Institution Press
Page : 444 pages
File Size : 37,43 MB
Release : 2020-06-09
Category : Political Science
ISBN : 0815738064

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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.

Deepening Reform for China’s Long-term Growth and Development

Author : Ligang Song
Publisher : ANU E Press
Page : 596 pages
File Size : 20,89 MB
Release : 2014-07-10
Category : Business & Economics
ISBN : 1925021777

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The Chinese economy has entered a new phase of development in which sources of growth are not so much dependent upon pure increases in labour, investment and credit expansion, but from productivity improvement, structural changes, technological progress and the benefits from improvement of the social security and welfare improvement. When market functions are fully established to become a main channel for allocating resources, the entrepreneurship will flourish engaging in more innovative activities, workers will move more freely and have more incentives to improve their skills, firms will become more productive through market entry and exit, the economic structure will become more balanced because of the improved resource allocation, and in the end, growth will become more spontaneous and sustainable. In this sense, reforms could deliver ‘dividend’ by raising China’s potential economic growth rates. For China to confront all the challenges it faces at present, the reforms undertaken now have to be deep, comprehensive and far-reaching in order to succeed in paving the way for China to complete the task of transformation in the long-term. There is no better alternative than deepening the market-oriented reform in advancing the course of China’s modernisation for future development and prosperity and lifting China to the status of a developed economy in the next two decades. The recent China update books have covered the topic of reform from different angles and this new book is another attempt to address this important issue.

China’s Long-Term Economic Development

Author : Hongjun Zhao
Publisher : Edward Elgar Publishing
Page : 516 pages
File Size : 22,65 MB
Release : 2018-08-31
Category : Business & Economics
ISBN : 1784715964

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This book examines the evolution of Chinese governmental governance and its long-lasting impact on Chinese economic development, firstly by examining the formation of Chinese style governance, the core contents of this governance and its vitality compared to other governance patterns in Chinese history. Secondly, this book discusses the effectiveness of this governance in supporting economic development before the Song dynasty and its failure in serving economic development during the past three to five centuries. Ultimately, Hongjun Zhao predicts the direction Chinese governance will take in the next 20 years.

China¿s Economic Conditions

Author : Wayne M. Morrison
Publisher : DIANE Publishing
Page : 36 pages
File Size : 25,29 MB
Release : 2010-10
Category : History
ISBN : 1437927629

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Since the initiation of economic reforms and trade liberalization 30 years ago, China has been one of the world¿s fastest-growing economies and has emerged as a major economic and trade power. China¿s economy and economic policies are of major concern to many U.S. policymakers. Contents of this report: Most Recent Developments; An Overview of China¿s Economic Development; Measuring the Size of China¿s Economy; Foreign Direct Investment in China; China¿s Trade Patterns; China¿s Growing Overseas Direct Investment; Major Long-Term Challenges Facing the Chinese Economy; Fallout From the Current Global Financial Crisis. Charts and tables.

Economic Transition In China: Long-run Growth And Short-run Fluctuations

Author : Zhigang Yuan
Publisher : World Scientific
Page : 529 pages
File Size : 45,71 MB
Release : 2014-07-03
Category : Business & Economics
ISBN : 9814569992

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This book provides a comprehensive overview on Chinese economy in the last three decades and an insightful view on the future reform in China. The China's miracle is used to describe its rapid economic growth in the last thirty years. The author aims to demystify the miracle by analyzing the past and present of economic transitions and showcases the blueprint for future economic reforms, from the perspectives of institutional transformation, urbanization and changes in the labor markets.The book contains hottest topics on Chinese economy, such as land market reform, new-type urbanization and financial reform. It investigates both the long-run growth and short-run fluctuations. The factor markets, including labor market, capital market and land market, are analyzed as key determinants to long-run growth and consumption, while investment and net export are investigated as elements to short-run fluctuations.

China's Economic Modernisation And Structural Changes: Essays In Honour Of John Wong

Author : Zheng Yong-nian
Publisher : World Scientific
Page : 360 pages
File Size : 26,21 MB
Release : 2019-03-05
Category : Business & Economics
ISBN : 9811203636

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This book provides a timely update on the ongoing transformation of the Chinese economy. As the world's second largest economy, China marked the 40th anniversary of economic reform and opening-up in 2018. In this book, top scholars on Chinese economic studies review China's remarkable economic achievement in the past four decades and analyse the challenges facing economic development in the country.The book focusses on structural changes of China's economy, which are essential to steer the country towards sustainable development. It studies the long-term factors affecting the Chinese economy such as education and innovation, and emerging sources of economic growth, such as e-commerce. Other important aspects of the Chinese economy explored in this book include the economic role of the Chinese government, fiscal reforms, capital account liberalisation, housing policies, competition policy and anti-monopoly law, China's export, trends of regional development and reforms of state-owned enterprises.This rich collection of policy-oriented economic studies is also a tribute to Professor John Wong, former research director of the East Asian Institute, National University of Singapore, who passed away in June 2018. For over three decades, Professor Wong had followed and provided insightful analyses on China's economic development.

China's Economic Development Strategies: Transformation And Innovation

Author : Rui Liu
Publisher : World Scientific
Page : 347 pages
File Size : 26,47 MB
Release : 2020-04-28
Category : Business & Economics
ISBN : 9811205620

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China is a powerful engine of the global economy and the country's rise is undoubtedly the outcome of its protracted campaign of designing and implementing national development strategies since the founding of the People's Republic of China in 1949. This book reviews the transformation and innovation of China's economic development strategies, especially Deng Xiaoping's Three-Step strategy and Xi Jinping's internal and external strategies. By introducing the concept of strategic paradigm, it analyzes the theoretical basis of myriads of economic development strategies and predicts China's choice. With the evolutionary process and the outstanding problems in national development planning as the main thread, it discusses the improvement of the national planning system, specifically of the national overall planning system, the regional planning system, the interplay and conflict between regional planning. It also studies the reform of city-county planning system, major function-oriented zones (MFOZs) and planning legislation and institutionalization. It also attempts to put forward proposals to coordinate the interests of planning departments and make different types of planning at different administrative levels compatible.