Economic Convergence in Greater China

Economic Convergence in Greater China PDF Author: Chun Kwok Lei
Publisher: Routledge
ISBN: 1134077181
Category : Business & Economics
Languages : en
Pages : 263

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Book Description
Although China's economy has grown rapidly in recent decades, there are still very large differences between the economies of mainland China and those of Hong Kong, Macau and Taiwan. This book considers how far economic convergence between these four territories has occurred, and the prospects for increased convergence in the future.

Economic Convergence in Greater China

Economic Convergence in Greater China PDF Author: Chun Kwok Lei
Publisher: Routledge
ISBN: 1134077181
Category : Business & Economics
Languages : en
Pages : 263

Get Book

Book Description
Although China's economy has grown rapidly in recent decades, there are still very large differences between the economies of mainland China and those of Hong Kong, Macau and Taiwan. This book considers how far economic convergence between these four territories has occurred, and the prospects for increased convergence in the future.

Economic Convergence in Greater China

Economic Convergence in Greater China PDF Author: Chun Kwok Lei
Publisher: Routledge
ISBN: 1134077173
Category : Business & Economics
Languages : en
Pages : 407

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Book Description
Although China's economy has grown very rapidly in recent decades, there are still very large differences between the economy of mainland China and the economies of Hong Kong, Macau and Taiwan. For example, per capita income in Hong Kong is many, many times higher than per capita income in mainland China. This book considers the degree to which economic convergence between mainland China, Hong Kong, Macau and Taiwan has occurred, and the prospects for increased convergence in the future. It considers economic integration between China and its two Special Administrative Regions (SARS), emphasising the large volume of capital flows and exports, especially from Hong Kong into China, and showing that the economies are highly integrated, despites their differences. It examines income convergence, and changes in productivity, using the same measures for both China and the two SARS, unlike most existing studies. It explores how economic reforms have been crucial to increasing convergence so far, and will continue to be in the future, and concludes by discussing the implications for policy of encouraging increased convergence.

Greater China

Greater China PDF Author: Chris Rowley
Publisher: Routledge
ISBN: 0429766955
Category : Business & Economics
Languages : en
Pages : 140

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Book Description
This book, first published in 1996, focuses on the possible (but problematic) emergence of a so-called ‘Greater China’ encompassing mainland China, Taiwan and Hong Kong, and the economic reforms, inward investment, spatial disparities, and changes to business culture that would ensue. The similarities, differences, underpinnings, results and prospects for the future of Greater China are analysed in close detail in the chapters collected here.

Greater China

Greater China PDF Author: Chris Rowley
Publisher: Routledge
ISBN: 0429766947
Category : Business & Economics
Languages : en
Pages : 243

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Book Description
This book, first published in 1996, focuses on the possible (but problematic) emergence of a so-called ‘Greater China’ encompassing mainland China, Taiwan and Hong Kong, and the economic reforms, inward investment, spatial disparities, and changes to business culture that would ensue. The similarities, differences, underpinnings, results and prospects for the future of Greater China are analysed in close detail in the chapters collected here.

Economic Growth and Convergence, Applied Especially to China

Economic Growth and Convergence, Applied Especially to China PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


China’s Productivity Convergence and Growth Potential—A Stocktaking and Sectoral Approach

China’s Productivity Convergence and Growth Potential—A Stocktaking and Sectoral Approach PDF Author: Min Zhu
Publisher: International Monetary Fund
ISBN: 1513515357
Category : Business & Economics
Languages : en
Pages : 46

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Book Description
China’s growth potential has become a hotly debated topic as the economy has reached an income level susceptible to the “middle-income trap” and financial vulnerabilities are mounting after years of rapid credit expansion. However, the existing literature has largely focused on macro level aggregates, which are ill suited to understanding China’s significant structural transformation and its impact on economic growth. To fill the gap, this paper takes a deep dive into China’s convergence progress in 38 industrial sectors and 11 services sectors, examines past sectoral transitions, and predicts future shifts. We find that China’s productivity convergence remains at an early stage, with the industrial sector more advanced than services. Large variations exist among subsectors, with high-tech industrial sectors, in particular the ICT sector, lagging low-tech sectors. Going forward, ample room remains for further convergence, but the shrinking distance to the frontier, the structural shift from industry to services, and demographic changes will put sustained downward pressure on growth, which could slow to 5 percent by 2025 and 4 percent by 2030. Digitalization, SOE reform, and services sector opening up could be three major forces boosting future growth, while the risks of a financial crisis and a reversal in global integration in trade and technology could slow the pace of convergence.

Routledge Library Editions: Business and Economics in Asia

Routledge Library Editions: Business and Economics in Asia PDF Author: Various
Publisher: Routledge
ISBN: 0429766440
Category : Social Science
Languages : en
Pages : 10422

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Book Description
This set examines a vast range of topics covering all experiences of business and economics from across Asia. Dealing with early banking systems in China; the industrialisation of Korea and Taiwan; the evolution of Japanese business practices; economic development; protectionist policies; industrial investment; trade; tourism; and a host of other topics, the books collected here form a vital reference resource across a wide subject area.

The Great Convergence

The Great Convergence PDF Author: Kishore Mahbubani
Publisher: Public Affairs
ISBN: 1610390334
Category : Business & Economics
Languages : en
Pages : 330

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Book Description
An influential policy thinker and "muse of the Asian Century" ("Foreign Policy") illuminates the contours of our new global civilization, and shows why power must shift to reflect the new reality.

The Great Convergence

The Great Convergence PDF Author: Richard Baldwin
Publisher: Harvard University Press
ISBN: 067466048X
Category : Business & Economics
Languages : en
Pages : 340

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Book Description
From 1820 to 1990 the share of world income going to today’s wealthy nations soared from 20% to 70%. That share has recently plummeted. Richard Baldwin shows how the combination of high tech with low wages propelled industrialization in developing nations, deindustrialization in developed nations, and a commodity supercycle that is petering out.

China's Development and Harmonization

China's Development and Harmonization PDF Author: Bin Wu
Publisher: Routledge
ISBN: 1135907536
Category : Social Science
Languages : en
Pages : 294

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Book Description
The concept of ‘harmonization’ has become very popular in China, with the Chinese government increasingly applying the term ‘harmonious society’ to internal affairs and the term ‘harmonious world’ to international relationships. Harmonization as both an end and a means of China’s development is deeply rooted in China’s cultural tradition, which emphasizes moderation, balance and harmony between human beings and nature, between different social groups, and between the Chinese and other nationalities. This book examines the experience of enacting the concept of harmonization in China in recent years. It explores this in terms of developments within Chinese society, economic developments and changes in business practices, environmental challenges and coping strategies, and changing patterns of international relations. Throughout, it discusses the gaps between rhetoric and reality, policy and practice.