China's Last Steps Across the River

China's Last Steps Across the River PDF Author: Yiping Huang
Publisher: Asia Pacific Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
Review of the evolution of China's economic reforms. Examines the evolution of the enterprise and banking institutions, the performance of state-owned banks and enterprises, assesses the impacts of the current policies and recommendations for future reforms. Includes appendix, references and index. Huang is a former Senior Lecturer in Economics and Director of the China Economy Program, Australian National University. He has also served as consultant for the World Bank, IMF, ABD and OECD. He has previously edited 'Growth without Miracles' and 'Agricultural Reform in China'.

China's Last Steps Across the River

China's Last Steps Across the River PDF Author: Yiping Huang
Publisher: Asia Pacific Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 256

Get Book

Book Description
Review of the evolution of China's economic reforms. Examines the evolution of the enterprise and banking institutions, the performance of state-owned banks and enterprises, assesses the impacts of the current policies and recommendations for future reforms. Includes appendix, references and index. Huang is a former Senior Lecturer in Economics and Director of the China Economy Program, Australian National University. He has also served as consultant for the World Bank, IMF, ABD and OECD. He has previously edited 'Growth without Miracles' and 'Agricultural Reform in China'.

Chinese Companies and the Hong Kong Stock Market

Chinese Companies and the Hong Kong Stock Market PDF Author: Flora Xiao Huang
Publisher: Routledge
ISBN: 1134671113
Category : Social Science
Languages : en
Pages : 326

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Book Description
Listing by companies from one country on the stock market of another country is a device often used both to raise capital in, and to increase bonding with, the target country. This book examines the listing by Chinese companies on the Hong Kong stock market. It discusses the extent of the phenomenon, compares the two different regulatory regimes, and explores the motivations for the cross-listing. It argues that a key factor, in addition to raising capital and bonding with the Hong Kong market, is Chinese companies’ desire to encourage legal and regulatory reforms along Hong Kong lines in mainland China, in order to develop and open up China’s domestic capital markets.

Institutions and Economic Growth in Asia

Institutions and Economic Growth in Asia PDF Author: Flora Huang
Publisher: Routledge
ISBN: 131551611X
Category : Social Science
Languages : en
Pages : 328

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Book Description
This book explores the role of institutions in economic growth, looking in particular at specific Asian countries and at particular cities within those countries. It considers a wide range of factors besides institutions, including the law, cultural factors and overall government arrangements. The differences between the countries studied are highlighted, and the impact of these differences assessed: the impact of English common law on arrangements in Hong Kong, Singapore and Malaysia; sharia law in Malaysia; the differing lengths of time of colonial rule; the extent to which Chinese family businesses control an economy. Also studied are the degree to which the law is effectively applied, and a range of other social, economic and cultural factors. The book’s conclusions as to which factors have the greatest impact will be of considerable interest to economists of Asia and those interested in economic growth more widely.

China. Linking Markets for Growth

China. Linking Markets for Growth PDF Author: Ross Garnaut
Publisher: ANU E Press
ISBN: 1921313382
Category : Business & Economics
Languages : en
Pages : 466

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Book Description
China's prosperity is at the core of the emerging Platinum Age of global economic growth. Rapid economic growth has been underpinned by expansion in its domestic markets, and the integration of domestic and international markets in goods, services, capital, labour and foreign exchange. Global commodity prices have reached historic highs, while Chinas capital outflows have helped to hold down interest rates worldwide. Linking markets, both domestic and international, has been key to Chinas success. In sustaining its strong economic growth, China has become one of the worlds most voracious consumers of energy. The challenge now facing the government and people of China is in achieving cooperation with the international community to avert the costs - both economic and environmental - of accelerating energy consumption. CHINA: LINKING MARKETS FOR GROWTH gathers together leading scholars on Chinas economic success and its effect on the world economy into the next few decades.

China

China PDF Author: Ross Garnaut
Publisher: ANU E Press
ISBN: 192214455X
Category : Political Science
Languages : en
Pages : 500

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Book Description
Twenty-five years of reform have transformed China from a centrally planned and closed system to a predominantly market-driven and open economy. As a consequence, China is emerging as the new powerhouse for the world economy. China: new engine for world growth discusses the impact and significance of this transformation. It points out risks to the growth process and unfinished tasks of reform. It presents conclusions from recent research on growth, trade and investment, the financial sector, income and regional disparities, industrial location and private sector development.

Financial Systems at the Crossroads

Financial Systems at the Crossroads PDF Author: Wing Thye Woo
Publisher: World Scientific
ISBN: 981456690X
Category : Business & Economics
Languages : en
Pages : 404

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Book Description
Financial Systems at the Crossroads: Lessons for China is written by leading financial experts to study the causes of financial disasters internationally. The research team is drawn from the global research networks of three leading universities: the Antai College of Economics and Management at Shanghai Jiao Tong University, the School of Economics at Fudan University, and the Earth Institute at Columbia University. This review volume identifies the regulatory framework to guide the emergence of efficient financial institutions that are prudent; and to specify the required institutional mechanisms to prevent and resolve systemic collapse. It examines the specific circumstances of China to come up with a comprehensive agenda to reform China's financial sector. It provides in-depth analysis of China's financial industry to show its future evolution and offers lessons for developing a financial system that is efficient, innovative and resilient. Contents:Analytical Overview:Mobilizing China's Financial Sector Efficiently and Safely for Sustaining Economic Transformation and Strengthening Global Financial Stability (Yingli Pan, Jeffrey D Sachs, Wing Thye Woo and John Qi Zhu)Understanding the Important Lessons from the International Experience:Wall Street Lawlessness (Jeffrey D Sachs)Systemic Lack of Prudence in Wealthy Nations: Avoiding the Dark Side of Financial Development (Peter Boone and Simon Johnson)Lessons from the Financial Liberalization in the Nordic Countries in the 1980s (Seppo Honkapohja)Asian Financial Markets and Financial Internationalization in China (Kiyohiko G Nishimura)Tokyo's Ultimately Failed Bid for First Tier International Financial Centre Status: Why Did It Fall Short and What are the Lessons for Shanghai? (Huw McKay)Designing the Right Financial System for China:The Great Accommodation: Chinese Central Banking in the New Millennium (Junhui Qian and Wing Thye Woo)The Structural Friction in China's Banking System: Causes, Measurement and Solutions (Hongzhong Liu and Tai Qin)Credit Rationing, Bank Bailouts, and the Deleterious Impact of Credit: Evidence from China (Jean Louis Arcand)The Options for Reforming the Renminbi Exchange Rate Regime (Xinru Wu, Yingli Pan, Zhichao Zhang, Jing Nie and Si Zhou)The Internationalization of the Renminbi is in Accordance with China's National Interests and Global Responsibilities (Yingli Pan, Yingfeng Xu and Jun Wu)Reforming China's Rural Financial Market (Xi Zhu) Readership: Graduate students and researchers in financial industry, financial analysts and China-watchers. Keywords:Financial Systems;Chinese Economy;US Economy;Financial Development;Nordic Countries;China Central Banking;Renminbi Exchange RateKey Features:Written by leading financial experts from the global research networks of Shanghai Jiao Tong University, Fudan University and Columbia UniversityStudies the causes of financial disasters internationallyExamines the specific circumstances of China to come up with a comprehensive agenda to reform China's financial sectorProvides in-depth analysis of China's financial industry to show its future evolutionOffers lessons for developing a financial system that is efficient, innovative and resilient

Reforming China's State-owned Enterprises and Banks

Reforming China's State-owned Enterprises and Banks PDF Author: Becky Chiu
Publisher: Edward Elgar Publishing
ISBN: 1845429885
Category : Business & Economics
Languages : en
Pages : 451

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Book Description
This book is informative and readable. It will be of interest to anyone wanting to learn about the development of the Chinese economy in general and the reforms of state-owned enterprises in particular. The data and in-depth discussion presented in the book will appeal to academics as well as policymakers. Yin-Fang Zhang, Journal of the Asia Pacific Economy China watchers will welcome a book which provides a detailed insight into the two pillars of that economy: the state-owned enterprises (SOEs) and the state-owned banks (SOBs). This is a scholarly work, rich in detail. Shelagh Heffernan, The Financial Regulator For China to sustain her transformation requires that she tackle reform of her state-owned enterprises (SOEs) and banks. This book comprehensively assesses the scale of the problem, reviews previous reforms and suggested solutions. Finally the authors propose their own reform agenda, sensitive to Chinese realities. Michael Artis, European University Institute, Italy This is an excellent study of the nexus between the effects of party control, the soft budget of state-owned enterprise (SOEs) and the financial fragility of the state-owned banking system (SOBs) in China. It is both sympathetic and knowledgeable about the problems of achieving reform and progress. Beautifully written, it should become the most influential work in this field in the English-speaking world. Charles A.E. Goodhart, London School of Economics, UK This book s starting point is that after two decades of experiments, during which other transition economies have effectively privatised all of their former state enterprises, China is still endeavouring to find a way to reinvent and re-engineer its own state-owned economic establishments. The authors explore these reforms along with the problems of China s state-owned banks, which have long been troubled by the adverse loans of Chinese enterprises and face foreign competition in 2007 under China s WTO commitments. Drawing on wide-ranging case studies of enterprise reform, Becky Chiu and Mervyn Lewis combine their extensive experience to give an authoritative account of China s enterprise and bank reform agenda, involving property rights, improved corporate governance and stimulating enterprise. This book will be of great interest to business economists, academic economists and those following the development of the Chinese economy.

The World in 2020 According to China

The World in 2020 According to China PDF Author: SHAO Binhong
Publisher: BRILL
ISBN: 9004273913
Category : Business & Economics
Languages : en
Pages : 339

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Book Description
Where do we see China’s changes? What are the guiding principles behind these changes? Are China’s diplomatic policies and international strategies more reflective of its own national conditions or international trends? How will China balance its ideology with national interests? How does China see the current international order and its new position within the existing order? Besides answering these basic questions, this volume considers two other important issues: First, the future of China after its era of continuous high-speed growth; and second, (the all-important question in China’s foreign affairs) the future of Sino-US relations? 2013 was China’s first year under new leadership, and there is a consensus amongst researchers of China’s international affairs that the diplomatic practices China undertook to a great extent demonstrated new characteristics, perspectives, and requirements of the new leadership.

Historical Dictionary of the Chinese Economy

Historical Dictionary of the Chinese Economy PDF Author: Lawrence R. Sullivan
Publisher: Rowman & Littlefield
ISBN: 1538108542
Category : Business & Economics
Languages : en
Pages : 547

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Book Description
The Historical Dictionary of the Chinese Economy covers the world’s second largest macro economy. Extensive attention throughout the volume is given to the historical development of the Chinese economy since the establishment of the People’s Republic of China (PRC) in 1949. Included is a review of developments during the period of central economic planning adopted from the Soviet Union (1953-1978) and in-depth information and analysis on the various policies and fundamental changes brought about in China by the inauguration of economic reforms from 1978-1979 through 2016. This book contains a chronology, an introduction, and an extensive bibliography. The dictionary section has over 400 cross-referenced entries on i critical sectors of the economy including automobiles, banking and finance, national currency, economic regulation, trade and investment, and important industries such as agriculture, computers and electronics, iron and steel, real estate, and shipping.. This book is an excellent resource for students, researchers, and anyone wanting to know more about China’s economy.

APEC and the Rise of China

APEC and the Rise of China PDF Author: Lok Sang Ho
Publisher: World Scientific
ISBN: 9814462535
Category : Political Science
Languages : en
Pages : 248

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Book Description
Intra-regional trade has been rising rapidly, especially after China's accession to the WTO in 2001. China's economy is expanding rapidly, and has already passed Japan in 2010 to become the world's second largest economy. It is clearly producing a huge impact on the world economy, and particularly on ASEAN countries. This is the appropriate time to take stock: what has APEC achieved so far? How is China's rapid growth shaping the course of economic integration and cooperation in the region? What is the future of APEC? This book is based on papers presented by scholars with expertise in the Asia Pacific region at a conference on “APEC at 20 and the Rise of China” organized by the APEC Centre of Lingnan University on 26–27 February 2010, and includes additional invited papers. Contents:APEC and the Rise of China: An Introduction (L S Ho & J Wong)Overview of Issues:Designing Asia-Pacific Economic Cooperation (C-P Chung)Rebalancing Relations between East Asian and trans-Pacific Institutions: Evolving Regional Architectural Features (Z-Y Pang)Role of China:Will China Become an Engine of Growth for the Region? (Y-P Huang)China's Economic Rise and Regional Trade (R Leal-Arcas)The Role of China in Asia-Pacific Trade Framework in the Context of APEC (E K-K Yeoh et al.)Monetary Integration and the Reform of the Reminbi:Towards an Effective (More or Less) Monetary Union in Asia (L S Ho)On the Reform of RMB Exchange Rate: A Middle Ground Solution (B Zhang & X-P Hua)The Future of APEC:Continuing the APEC Agenda and the Evolving Regional Institutional Architecture in the Context of an Emerging Asia (K G Tan & S W Chiang) Readership: Researchers and policy makers on APEC and China related issues; students in business, economics, and political science interested in regional issues. Keywords:APEC;China;Asia-Pacific Economic Cooperation;Intra-Regional Trade among APEC Countries;Economic Integration and Cooperation