Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization PDF Download
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Author: Yi Wen
Publisher: World Scientific
ISBN: 9814733741
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.
Author: Yi Wen
Publisher: World Scientific
ISBN: 9814733741
Category : Business & Economics
Languages : en
Pages : 336
Get Book Here
Book Description
The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.
Author: Yi Wen
Publisher:
ISBN:
Category :
Languages : en
Pages : 180
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Book Description
The rise of China is no doubt the most important event in world economic history since the Industrial Revolution. The institutional theory of development based on a dichotomy of extractive vs. inclusive political institutions cannot explain China's rise. This article argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental flaws of neoliberalism and the Washington Consensus and provides more-accurate reevaluations of historical episodes such as Latin America's lost decade and plagued debt crisis, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.
Author: Gordon G. Chang
Publisher: Random House
ISBN: 0812977564
Category : Business & Economics
Languages : en
Pages : 373
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Book Description
China is hot. The world sees a glorious future for this sleeping giant, three times larger than the United States, predicting it will blossom into the world's biggest economy by 2010. According to Chang, however, a Chinese-American lawyer and China specialist, the People's Republic is a paper dragon. Peer beneath the veneer of modernization since Mao's death, and the symptoms of decay are everywhere: Deflation grips the economy, state-owned enterprises are failing, banks are hopelessly insolvent, foreign investment continues to decline, and Communist party corruption eats away at the fabric of society. Beijing's cautious reforms have left the country stuck midway between communism and capitalism, Chang writes. With its impending World Trade Organization membership, for the first time China will be forced to open itself to foreign competition, which will shake the country to its foundations. Economic failure will be followed by government collapse. Covering subjects from party politics to the Falun Gong to the government's insupportable position on Taiwan, Chang presents a thorough and very chilling overview of China's present and not-so-distant future.
Author: National Defense University (U S )
Publisher: Government Printing Office
ISBN:
Category : Business & Economics
Languages : en
Pages : 132
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Book Description
On August 24-25, 2010, the National Defense University held a conference titled “Economic Security: Neglected Dimension of National Security?” to explore the economic element of national power. This special collection of selected papers from the conference represents the view of several keynote speakers and participants in six panel discussions. It explores the complexity surrounding this subject and examines the major elements that, interacting as a system, define the economic component of national security.
Author: Mark J. Higgins
Publisher: Greenleaf Book Group
ISBN:
Category : Business & Economics
Languages : en
Pages : 601
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Book Description
Investors who ignore the past are lost in the present and blind to the future. Most people rely only on their life experience to make investment decisions. This causes them to overlook cyclical forces that repeatedly reshape economies and markets. Investing in U.S. Financial History fills this void by recounting the comprehensive financial history of the United States of America. It begins with Alexander Hamilton’s financial programs in 1790 and ends with the Federal Reserve’s battle with inflation in 2023. Authored by Mark Higgins, an experienced investment advisor and financial historian, this book will help you: • Understand key drivers of financial crises and the principles for managing them. • Recognize warning signs of speculative manias that lead to asset bubbles. • Understand why few investors outperform market indices and why index funds are preferable for most individuals and institutions. • Identify the major threats to U.S. economic prosperity in the twenty-first century. Investing in U.S. Financial History reveals that there is almost no financial event that is unprecedented. By understanding the fundamental drivers underpinning key economic events, you will internalize investment principles, avoid common pitfalls, and resist the temptation to panic amid market volatility.
Author: Yuwa Wei
Publisher: Springer
ISBN: 9811336997
Category : Law
Languages : en
Pages : 215
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Book Description
This book focuses on the most serious social and economic challenges faced by China from a public international law perspective. The vast and diversified nature of public international law inspires the author to organize the book on a topic oriented basis, i.e. selecting five most crucial and interrelated issues in contemporary China to investigate and address. It reviews and evaluates China’s response to these challenges and its continuing efforts in searching for solutions to these problems. These issues are inter-related and mutually affective, and moreover, impact collectively on the nation’s standings in the international community. The country’s national stability and economic sustainability may be retained only when these issues are dealt with efficiently and appropriately. This is a timely and comprehensive book addressing the most crucial problems confronted by contemporary China in the field of public international law, mainly concerning border issues, natural resources, environment and corruption. The work not only addresses these issues separately, but also delineates their interrelationships. In doing so, the complexity of these issues is revealed to a full extent.
Author: Jeffrey Yi-Lin Forrest
Publisher: Springer Nature
ISBN: 3030280640
Category : Business & Economics
Languages : en
Pages : 310
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Book Description
This book develops a general theory of managerial decision making on the basis of a few elementary postulates. It employs logic as the method of reasoning, systems science in general and the systemic YoYo Model in particular, as the intuitive playground. By doing so, the authors take individually background-based guesswork out of processes of decision making. All established conclusions are expected to be generally employable in real-life applications. At the same time, the book is user friendly to a wide range of audience, coincides with people's intuition, and provides applicable results and insights for practical purposes.
Author: Shiping Tang
Publisher: Princeton University Press
ISBN: 0691235570
Category : Business & Economics
Languages : en
Pages : 328
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Book Description
A systemic account of how institutions shape economic development Institutions matter for economic development. Yet despite this accepted wisdom, new institutional economics (NIE) has yet to provide a comprehensive look at what constitutes the institutional foundation of economic development (IFED). Bringing together findings from a range a fields, from development economics and development studies to political science and sociology, The Institutional Foundation of Economic Development explores the precise mechanisms through which institutions affect growth. Shiping Tang contends that institutions shape economic development through four “Big Things”: possibility, incentive, capability, and opportunity. From this perspective, IFED has six major dimensions: political hierarchy, property rights, social mobility, redistribution, innovation protection, and equal opportunity. Tang further argues that IFED is only one pillar within the New Development Triangle (NDT): sustained economic development also requires strong state capacity and sound socioeconomic policies. Arguing for an evolutionary approach tied to a country’s stage of development, The Institutional Foundation of Economic Development advances an understanding of institutions and economic development through a holistic, interdisciplinary lens.
Author: John Bellamy Foster
Publisher: NYU Press
ISBN: 168590047X
Category : Nature
Languages : en
Pages : 360
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Book Description
"Today the fate of the earth as a home for humanity is in question-and yet, contends John Bellamy Foster, the reunification of humanity and the earth remains possible if we are prepared to make revolutionary changes. As with his prior books, The Dialectics of Ecology is grounded in the contention that we are now faced with a concrete choice between ecological socialism and capitalist exterminism, and rooted in insights drawn from the classical historical materialist tradition. In this latest work, Foster explores the complex theoretical debates that have arisen historically with respect to the dialectics of nature and society. He then goes on to examine the current contradictions associated with the confrontation between capitalist extractivism and the financialization of nature, on the one hand, and the radical challenges to these represented by emergent visions of ecological civilization and planned degrowth, on the other"--
Author: Frank Dikötter
Publisher: Bloomsbury Publishing USA
ISBN: 080277928X
Category : History
Languages : en
Pages : 449
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Book Description
Winner of the Samuel Johnson Prize An unprecedented, groundbreaking history of China's Great Famine that recasts the era of Mao Zedong and the history of the People's Republic of China. "Between 1958 and 1962, China descended into hell. Mao Zedong threw his country into a frenzy with the Great Leap Forward, an attempt to catch up to and overtake Britain in less than 15 years The experiment ended in the greatest catastrophe the country had ever known, destroying tens of millions of lives." So opens Frank Dikötter's riveting, magnificently detailed chronicle of an era in Chinese history much speculated about but never before fully documented because access to Communist Party archives has long been restricted to all but the most trusted historians. A new archive law has opened up thousands of central and provincial documents that "fundamentally change the way one can study the Maoist era." Dikötter makes clear, as nobody has before, that far from being the program that would lift the country among the world's superpowers and prove the power of Communism, as Mao imagined, the Great Leap Forward transformed the country in the other direction. It became the site not only of "one of the most deadly mass killings of human history,"--at least 45 million people were worked, starved, or beaten to death--but also of "the greatest demolition of real estate in human history," as up to one-third of all housing was turned into rubble). The experiment was a catastrophe for the natural world as well, as the land was savaged in the maniacal pursuit of steel and other industrial accomplishments. In a powerful mesghing of exhaustive research in Chinese archives and narrative drive, Dikötter for the first time links up what happened in the corridors of power-the vicious backstabbing and bullying tactics that took place among party leaders-with the everyday experiences of ordinary people, giving voice to the dead and disenfranchised. His magisterial account recasts the history of the People's Republic of China.
