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Fault Lines In China S Economic Terrain

Author: Charles Jr. Wolf
Publisher: Rand Corporation
ISBN: 0833036041
Size: 37.35 MB
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The authors consider how and by how much China's stellar economic performance might be impaired by eight potential adversities that China may face in the next decade: unemployment, poverty, and social unrest; corruption; HIV/AIDS and epidemic diseases; water resource problems and pollution; energy consumption and prices; the fragile financial system and state-owned enterprises; curtailed foreign direct investment; and serious military conflicts.

Fault Lines In China S Economic Terrain

Author: Charles Wolf
Publisher: Rand Corp
ISBN: 9780833033444
Size: 53.97 MB
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What are the major challenges, fault lines, and potential adversities (these terms are used synonymously), that China's economic development will encounter over the next decade? How severely will China's overall economic performance be affected if these adversities occur separately or in clusters? This book addresses these key questions. China has confronted in the past two decades five of the eight fault lines that the authors consider (unemployment, corruption, water resources, HIV/AIDS, and financial fragility), and, nonetheless, it has sustained high rates of economic growth. Therefore, in assessing the potential effects of these fault lines on China's future economic performance, the authors focus on whether, why, and by how much their intensities may increase--that is, on changes, rather than on the prevailing levels of each fault line. For the other three fault lines examined, which have not previously occurred or recurred--oil price shocks, foreign-direct-investment shrinkage, and serious military conflicts--the authors consider the circumstances under which they might arise and their resulting economic effects. For each of the eight fault lines, the authors estimate a "bottom-line" in terms of expected effects on China's annual growth rate over the next decade, drawing on a variety of methods, models, and judgments to make these estimates. The authors suggest that the probability that none of these individual setbacks will occur is low, while the probability that all will occur is still lower. Because of interdependencies among the fault lines, it is highly likely that several separate adversities will cluster if any one of them occurs. For examples: an internal financial crisis would have serious negative effects on the relative attractiveness of foreign investment in China, contributing to shrinkage of foreign direct investment; epidemic disease would intensify water pollution problems and would discourage foreign investment.

Looking Backward And Forward

Author: Charles Wolf Jr.
Publisher: Hoover Press
ISBN: 0817948732
Size: 64.32 MB
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This collection of twenty-five essays written over the past five years by international economic policy expert Charles Wolf Jr. covers a range of worldwide economic, political, security, and diplomatic issues. Wolf looks at the challenges facing the United States at home and around the globe including critical issues regarding China, Japan, Korea, Russia, Iraq, and other key locales. Throughout the book, the author offers his often-controversial viewpoints, such as his assertion that "unilateralism" in U.S. national security policy may sometimes be preferable to multilateralism or that the erroneous expectation that Iraq possessed nuclear weapons does not imply that the intelligence leading to this expectation was flawed. Wolf reexamines each essay in the light of later developments with a "postaudit" comment to address whether the original argument is still valid and relevant compared with when it was first written.

Understanding China S Economy

Author: Gregory C. Chow
Publisher: World Scientific
ISBN: 9789810218584
Size: 34.53 MB
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In the early 1990's, the world began to recognize China as a rising economic power to reckon with. China's economy is dynamic ? her human and natural resources are plentiful and her economic growth has been well sustained over the last 16 years. In fact, some have predicted that by the year 2020, China's economic output will be close to half that of the US. It is undeniable that China will be an economic giant, if she is not already one today.In this book, the author has traced China's economic development over the last 16 years. The steps and characteristics of China's economic reform are detailed. The prospects for China's economic growth are studied. The author also attempts to analyze topical issues pertaining to China's economic relations with the US and her integration with the other Asian economies. This book provides the interested reader with a bird's eye view of the Chinese economy over the last 16 years. Most chapters are written for the general reader, while a few are for professional economists. For the questions it answers or for those that it raises, this is an important book to read.

Historical Dictionary Of The Chinese Economy

Author: Lawrence R. Sullivan
Publisher: Rowman & Littlefield
ISBN: 1538108542
Size: 36.41 MB
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The Historical Dictionary of the Chinese Economy contains a chronology, an introduction, and an extensive bibliography. The dictionary section has over 400 cross-referenced entries on icritical sectors of the economy including automobiles, banking and finance, national currency, economic regulation, trade and investment.

China S Great Economic Transformation

Author: Loren Brandt
Publisher: Cambridge University Press
ISBN: 1139470949
Size: 19.11 MB
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This landmark study provides an integrated analysis of China's unexpected economic boom of the past three decades. The authors combine deep China expertise with broad disciplinary knowledge to explain China's remarkable combination of high-speed growth and deeply flawed institutions. Their work exposes the mechanisms underpinning the origin and expansion of China's great boom. Penetrating studies track the rise of Chinese capabilities in manufacturing and in research and development. The editors probe both achievements and weaknesses across many sectors, including China's fiscal, legal, and financial institutions. The book shows how an intricate minuet combining China's political system with sectorial development, globalization, resource transfers across geographic and economic space, and partial system reform delivered an astonishing and unprecedented growth spurt.

The Economic Transformation Of China

Author: Dwight H Perkins
Publisher: World Scientific
ISBN: 9814612391
Size: 70.98 MB
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The Economic Transformation of China is a collection of essays written by an eminent observer of the Chinese economy. The book covers the Chinese transformation beginning in the 1950s and continuing through the second decade of the twenty-first century. It includes an analysis of the forces that held China back before 1949, the nature of the economy as it operated under the Soviet model of development, and the transformation since 1978 into a “socialist market economy.” The essays of the post-1978 era reflect the author's view of the state of the reform effort at the time the essay was written and carries the story up to the 2012–2013 slowdown in economic growth. Contents:IntroductionThe Historical Foundation:History, Politics and 30 Years of Development and ReformGovernment as an Obstacle to Industrialization: The Case of 19th Century ChinaCentral Planning and Collective Agriculture, 1955–1978:Centralization and Decentralization in Mainland China's Agriculture, 1949–1962Industrial Planning and ManagementChina's Economic Policy and PerformanceChina's Economic Reforms, 1978–2013:Reforming China's Economic SystemChina's “Gradual” Approach to Market ReformsThe Challenges of China's GrowthThe Future:Forecasting China's Economic Growth to 2025China's Investment and GDP Growth Boom: When and How Will It End? Readership: Graduate students and researchers interested in Chinese Studies and Asian economies. Key Features:Covers the economic transformation of China from 1950s until nowForecasts China's economic growth in the next 25 yearsHighly informative, timely and insightful resource for researchers interested in Chinese economic history Keywords:Chinese Economy;Economic Reform;Central Planning;Markets;State Enterprises;Rural Development

Revenge Of The Forbidden City

Author: James W. Tong
Publisher: Oxford University Press
ISBN: 9780199703685
Size: 54.37 MB
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The Falungong movement originated in 1992 as a system of breathing exercises designed to promote health and well-being. Riding on the coattails of the qigong fever that swept through China, it attracted an extensive following until 1994, when the Chinese government suppressed the qigong movement. A series of protest rallies by Falungong organizations against local government repression set in motion an upward conflict spiral that culminated in the siege of the Party headquarters in Beijing on April 25, 1999, by more than 20,000 Falungong practitioners. Revenge of the Forbidden City begins with the shock of the Politburo against such insolent defiance, resolving to retaliate against the Falungong, a retaliation that represented "the most serious political incident" since the Tiananmen upheaval in 1989. James W. Tong reveals how the Chinese government's relentless, sustained repression of the Falungong movement typifies its response towards perceived internal threats. Though many claim that the Democratic reforms in China have eroded the government's ability to monitor and control its citizens, the success of the campaign to eradicate Falungong indicates otherwise: the government effectively implemented a multifaceted offensive involving unsparing suppression, pervasive propaganda, and coercive conversion. The successful execution of this complex campaign reveals the resilience of China's authoritarian institutions. Using empirical evidence and thorough analysis, Tong reveals the Chinese state's formidable ability to crush dissent and provides a cogent rebuttal to those who claim that the Communist government is on the verge of collapse. The definitive account of China's response to Falungong, Revenge of the Forbidden City is essential for any scholar interested in how the Chinese state actually operates.

Hong Kong Culture

Author: Kam Louie
Publisher: Hong Kong University Press
ISBN: 9888028413
Size: 65.79 MB
Format: PDF, ePub, Docs
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"Does Hong Kong culture still matter? This informative and interdisciplinary volume proves unmistakably so. It stands as an essential Hong Kong reader, a rich resource not only for those specialized in Hong Kong culture and history but also for students, teachers, and researchers interested in cosmopolitanism, postcolonial conditions, as well as cultural globalization."-Laikwan Pang, The Chinese University of Hong Kong "A very timely, ambitious and fascinating book. The essays are based on solid research, and full of theoretical or analytical insights illustrating the complexity of social and cultural life in Hong Kong. In addition to offering excellent essays on Hong Kong cinema, the book also surveys alternative performance art and documentary, which are undoubtedly the least researched aspects of Hong Kong's cultural scene."-Law Wing Sang, Lingnan University Hong Kong as a world city draws on a rich variety of foundational "texts" in film, fiction, architecture and other forms of visual culture. The city has been a cultural fault-line for centuries ù a translation space where Chinese-ness is interpreted for "Westerners" and Western-ness is translated for Chinese. Though constantly refreshed by its Chinese roots and global influences, this hub of Cantonese culture has flourished along cosmopolitan lines to build a modern, outward-looking character. Successfully managing this perpetual instability helps make Hong Kong a postmodern stepping-stone city, and helps make its citizens such prosperous and durable survivors in the modern world. This volume of essays engages many fields of cultural achievement. Several pieces discuss the tensions of English, closely associated with a colonial past, yet undeniably the key to Hong Kong's future. Hong Kong provides a vital point of contact, where cultures truly meet and a cosmopolitan traveler can feel at home and leave a sturdy mark. Contributors include John Carroll, Carolyn Cartier, David Clarke, Elaine Ho, Douglas Kerr, Michael Ingham, C. J.W.-L. Wee, Chu Yiu-Wai, Gina Marchetti, Esther M.K. Cheung, Pheng Cheah, Chris Berry, and Giorgio Biancorosso. Kam Louie is dean of the Faculty of Arts at the University of Hong Kong.

Markets Or Governments

Author: Charles Wolf
Publisher: MIT Press
ISBN: 9780262731041
Size: 19.67 MB
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Provides a formal theory of nonmarket failure, analyzing such problems as redundantcosts, monopoly, frequency of unanticipated externalities, and bureaucracy in such nonmarketinstitutions as foundations, universities, and government.