Author: Shouyi Zhang
Publisher: World Scientific
ISBN: 9814675695
Category : Business & Economics
Languages : en
Pages : 285
Book Description
This book provides a comprehensive overview of the fruitful achievement of China's Quantitative Economics during the past 30 years, assembling pioneering contributions of prominent quantitative economists in China. It chronicles significant events and the detailed evolution of Quantitative Economics in China. This well-organized book is a must-have for scholars to get a full picture of the status quo, and identify possible research gaps.
Quantitative Economics In China: A Thirty-year Review
Author: Shouyi Zhang
Publisher: World Scientific
ISBN: 9814675695
Category : Business & Economics
Languages : en
Pages : 285
Book Description
This book provides a comprehensive overview of the fruitful achievement of China's Quantitative Economics during the past 30 years, assembling pioneering contributions of prominent quantitative economists in China. It chronicles significant events and the detailed evolution of Quantitative Economics in China. This well-organized book is a must-have for scholars to get a full picture of the status quo, and identify possible research gaps.
Publisher: World Scientific
ISBN: 9814675695
Category : Business & Economics
Languages : en
Pages : 285
Book Description
This book provides a comprehensive overview of the fruitful achievement of China's Quantitative Economics during the past 30 years, assembling pioneering contributions of prominent quantitative economists in China. It chronicles significant events and the detailed evolution of Quantitative Economics in China. This well-organized book is a must-have for scholars to get a full picture of the status quo, and identify possible research gaps.
Communist Planning versus Rationality
Author: János Matyas Kovács
Publisher: Rowman & Littlefield
ISBN: 1793631786
Category : Business & Economics
Languages : en
Pages : 425
Book Description
This volume examines concepts of central planning, a cornerstone of political economy in Soviet-type societies. It revolves around the theory of “optimal planning” which promised a profound modernization of Stalinist-style verbal planning. Encouraged by cybernetic dreams in the 1950s and supporting the strategic goals of communist leaders in the Cold War, optimal planners offered the ruling elites a panacea for the recurrent crises of the planned economy. Simultaneously, their planning projects conveyed the pride of rational management and scientific superiority over the West. The authors trace the rise and fall of the research program in the communist era in eight countries of Eastern Europe, including the Soviet Union, and China, describing why the mission of optimization was doomed to fail and why the failure was nevertheless very slow. The theorists of optimal planning contributed to the rehabilitation of mathematical culture in economic research in the communist countries, and thus, to a neoclassical turn in economics all over the ex-communist world). However, because they have not rejected optimal planning as “computopia,” there is a large space left behind for future generations to experiment with Big Optimal Plans anew—based, at this time, on artificial intelligence and machine learning.
Publisher: Rowman & Littlefield
ISBN: 1793631786
Category : Business & Economics
Languages : en
Pages : 425
Book Description
This volume examines concepts of central planning, a cornerstone of political economy in Soviet-type societies. It revolves around the theory of “optimal planning” which promised a profound modernization of Stalinist-style verbal planning. Encouraged by cybernetic dreams in the 1950s and supporting the strategic goals of communist leaders in the Cold War, optimal planners offered the ruling elites a panacea for the recurrent crises of the planned economy. Simultaneously, their planning projects conveyed the pride of rational management and scientific superiority over the West. The authors trace the rise and fall of the research program in the communist era in eight countries of Eastern Europe, including the Soviet Union, and China, describing why the mission of optimization was doomed to fail and why the failure was nevertheless very slow. The theorists of optimal planning contributed to the rehabilitation of mathematical culture in economic research in the communist countries, and thus, to a neoclassical turn in economics all over the ex-communist world). However, because they have not rejected optimal planning as “computopia,” there is a large space left behind for future generations to experiment with Big Optimal Plans anew—based, at this time, on artificial intelligence and machine learning.
Global Economic History: A Very Short Introduction
Author: Robert C. Allen
Publisher: OUP Oxford
ISBN: 019162053X
Category : Business & Economics
Languages : en
Pages : 192
Book Description
Why are some countries rich and others poor? In 1500, the income differences were small, but they have grown dramatically since Columbus reached America. Since then, the interplay between geography, globalization, technological change, and economic policy has determined the wealth and poverty of nations. The industrial revolution was Britain's path breaking response to the challenge of globalization. Western Europe and North America joined Britain to form a club of rich nations by pursuing four polices-creating a national market by abolishing internal tariffs and investing in transportation, erecting an external tariff to protect their fledgling industries from British competition, banks to stabilize the currency and mobilize domestic savings for investment, and mass education to prepare people for industrial work. Together these countries pioneered new technologies that have made them ever richer. Before the Industrial Revolution, most of the world's manufacturing was done in Asia, but industries from Casablanca to Canton were destroyed by western competition in the nineteenth century, and Asia was transformed into 'underdeveloped countries' specializing in agriculture. The spread of economic development has been slow since modern technology was invented to fit the needs of rich countries and is ill adapted to the economic and geographical conditions of poor countries. A few countries - Japan, Soviet Russia, South Korea, Taiwan, and perhaps China - have, nonetheless, caught up with the West through creative responses to the technological challenge and with Big Push industrialization that has achieved rapid growth through investment coordination. Whether other countries can emulate the success of East Asia is a challenge for the future. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
Publisher: OUP Oxford
ISBN: 019162053X
Category : Business & Economics
Languages : en
Pages : 192
Book Description
Why are some countries rich and others poor? In 1500, the income differences were small, but they have grown dramatically since Columbus reached America. Since then, the interplay between geography, globalization, technological change, and economic policy has determined the wealth and poverty of nations. The industrial revolution was Britain's path breaking response to the challenge of globalization. Western Europe and North America joined Britain to form a club of rich nations by pursuing four polices-creating a national market by abolishing internal tariffs and investing in transportation, erecting an external tariff to protect their fledgling industries from British competition, banks to stabilize the currency and mobilize domestic savings for investment, and mass education to prepare people for industrial work. Together these countries pioneered new technologies that have made them ever richer. Before the Industrial Revolution, most of the world's manufacturing was done in Asia, but industries from Casablanca to Canton were destroyed by western competition in the nineteenth century, and Asia was transformed into 'underdeveloped countries' specializing in agriculture. The spread of economic development has been slow since modern technology was invented to fit the needs of rich countries and is ill adapted to the economic and geographical conditions of poor countries. A few countries - Japan, Soviet Russia, South Korea, Taiwan, and perhaps China - have, nonetheless, caught up with the West through creative responses to the technological challenge and with Big Push industrialization that has achieved rapid growth through investment coordination. Whether other countries can emulate the success of East Asia is a challenge for the future. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
Interpreting China's Economy
Author: Gregory C Chow
Publisher: World Scientific
ISBN: 9814338656
Category : Business & Economics
Languages : en
Pages : 300
Book Description
This book is unique in covering all important topics of the Chinese economy in depth but written in a language understandable to the layman and yet challenging to the expert. Beginning with entrepreneurship that propels the dynamic economic changes in China today, the book is organized into four broad parts to discuss China's economic development, to analyze significant economic issues, to recommend economic policies and to comment on the timely economic issues in the American economy for comparison.Unlike a textbook, the discussion is original and thought-provoking. It is written by a most distinguished economist who has studied the Chinese economy for thirty years, after making breathtaking contributions to the fields of econometrics, applied economics and dynamic economics and serving as a major adviser to the government of Taiwan during its period of rapid development in the 1960s and 1970s. In the last thirty years, the author has served as a major adviser to the government of China on economic reform and important economic policies and cooperated with the Ministry of Education to introduce and promote the development of modern economics in China, including training hundreds of economists in China and placing many graduate students to pursue a doctoral degrees in economics in leading universities in the US and Canada. These graduates now plays pivotal roles in China and in the US in academics, business or government institutions. The essays, a culmination of the author's expertise in China over five decades, are being widely read in China. When the author became professor emeritus at Princeton, the University named the Econometric Research Program as the Gregory C Chow Econometric Research Program in his honor.
Publisher: World Scientific
ISBN: 9814338656
Category : Business & Economics
Languages : en
Pages : 300
Book Description
This book is unique in covering all important topics of the Chinese economy in depth but written in a language understandable to the layman and yet challenging to the expert. Beginning with entrepreneurship that propels the dynamic economic changes in China today, the book is organized into four broad parts to discuss China's economic development, to analyze significant economic issues, to recommend economic policies and to comment on the timely economic issues in the American economy for comparison.Unlike a textbook, the discussion is original and thought-provoking. It is written by a most distinguished economist who has studied the Chinese economy for thirty years, after making breathtaking contributions to the fields of econometrics, applied economics and dynamic economics and serving as a major adviser to the government of Taiwan during its period of rapid development in the 1960s and 1970s. In the last thirty years, the author has served as a major adviser to the government of China on economic reform and important economic policies and cooperated with the Ministry of Education to introduce and promote the development of modern economics in China, including training hundreds of economists in China and placing many graduate students to pursue a doctoral degrees in economics in leading universities in the US and Canada. These graduates now plays pivotal roles in China and in the US in academics, business or government institutions. The essays, a culmination of the author's expertise in China over five decades, are being widely read in China. When the author became professor emeritus at Princeton, the University named the Econometric Research Program as the Gregory C Chow Econometric Research Program in his honor.
How China is Reshaping the Global Economy
Author: Rhys Jenkins
Publisher: Oxford University Press
ISBN: 0192569244
Category : Business & Economics
Languages : en
Pages : 360
Book Description
China's growing economic involvement in Sub-Saharan Africa and Latin America has been a source of major controversy. The official Chinese position maintains that the growth of bilateral relations is of mutual benefit and provides a good example of South-South cooperation. Critics on the other hand see the economic relations between China and other developing countries as highly unequal with most of the benefits accruing to China and a few local elites. They also point to negative socio-economic, political, and environmental consequences. How China is Reshaping the Global Economy: Development Impacts in Africa and Latin-America throws more light on these controversies through a comparative study of China's impact on the two regions. It looks not just at bilateral relations between China and the two regions but also analyses the changes in the global economy brought about as a result of the shift in economic activity from North America and Western Europe to Asia. How China is Reshaping the Global Economy looks at the factors which led to rapid economic growth in China and the way in which this has affected global manufacturing, commodity markets, the international presence of Chinese companies, and financial glows. It examines the different forms of Chinese economic involvement in Sub-Saharan Africa and Latin America, the main drivers, and economic, social, political, and environmental consequences. It ends with a comparison of the two regions that highlights the importance of different histories and political and institutional contexts in determining the impacts of China.
Publisher: Oxford University Press
ISBN: 0192569244
Category : Business & Economics
Languages : en
Pages : 360
Book Description
China's growing economic involvement in Sub-Saharan Africa and Latin America has been a source of major controversy. The official Chinese position maintains that the growth of bilateral relations is of mutual benefit and provides a good example of South-South cooperation. Critics on the other hand see the economic relations between China and other developing countries as highly unequal with most of the benefits accruing to China and a few local elites. They also point to negative socio-economic, political, and environmental consequences. How China is Reshaping the Global Economy: Development Impacts in Africa and Latin-America throws more light on these controversies through a comparative study of China's impact on the two regions. It looks not just at bilateral relations between China and the two regions but also analyses the changes in the global economy brought about as a result of the shift in economic activity from North America and Western Europe to Asia. How China is Reshaping the Global Economy looks at the factors which led to rapid economic growth in China and the way in which this has affected global manufacturing, commodity markets, the international presence of Chinese companies, and financial glows. It examines the different forms of Chinese economic involvement in Sub-Saharan Africa and Latin America, the main drivers, and economic, social, political, and environmental consequences. It ends with a comparison of the two regions that highlights the importance of different histories and political and institutional contexts in determining the impacts of China.
China's Belt And Road Initiatives And Its Neighboring Diplomacy
Author: Jie Zhang
Publisher: World Scientific
ISBN: 9813140224
Category : Political Science
Languages : en
Pages : 315
Book Description
This book studies China's Belt and Road Initiatives and the country's neighboring diplomacy. The Belt and Road Initiatives proposed by Chinese President Xi Jinping in 2013 consist of two main components, the land-based 'Silk Road Economic Belt' and ocean-going 'Maritime Silk Road'. China has implemented the initiatives by establishing Asian Infrastructure Investment Bank and Silk Road Fund. This book focuses on analysis of the initiatives and the responses from the major powers, neighboring countries and regions.The book consists of four parts: the Overview; The Belt and Road Initiatives and Big Powers; The Belt and Road Initiative and Regions; The Belt and Road Initiative and Hot Issues. The Overview explicates the strategic orientations, connotations and approaches of implementation of the initiatives from a theoretical perspective. The second part analyzes the Asia-Pacific strategies of four great powers, namely the United States, Russia, Japan and India, their relations with China and responses to the initiative. The third part discusses the Belt and Road Initiatives and four regions, namely Northeast Asia, Southeast Asia, South Asia, and Central Asia. It evaluates their attitudes and responses towards the Belt and Road Initiatives, strategic docking and major challenges in this regard. The fourth part touches upon the initiatives and current hot issues including non-traditional security, the South China Sea dispute, and venture analysis on investment environment renovation.
Publisher: World Scientific
ISBN: 9813140224
Category : Political Science
Languages : en
Pages : 315
Book Description
This book studies China's Belt and Road Initiatives and the country's neighboring diplomacy. The Belt and Road Initiatives proposed by Chinese President Xi Jinping in 2013 consist of two main components, the land-based 'Silk Road Economic Belt' and ocean-going 'Maritime Silk Road'. China has implemented the initiatives by establishing Asian Infrastructure Investment Bank and Silk Road Fund. This book focuses on analysis of the initiatives and the responses from the major powers, neighboring countries and regions.The book consists of four parts: the Overview; The Belt and Road Initiatives and Big Powers; The Belt and Road Initiative and Regions; The Belt and Road Initiative and Hot Issues. The Overview explicates the strategic orientations, connotations and approaches of implementation of the initiatives from a theoretical perspective. The second part analyzes the Asia-Pacific strategies of four great powers, namely the United States, Russia, Japan and India, their relations with China and responses to the initiative. The third part discusses the Belt and Road Initiatives and four regions, namely Northeast Asia, Southeast Asia, South Asia, and Central Asia. It evaluates their attitudes and responses towards the Belt and Road Initiatives, strategic docking and major challenges in this regard. The fourth part touches upon the initiatives and current hot issues including non-traditional security, the South China Sea dispute, and venture analysis on investment environment renovation.
China's Economic Development
Author: Chu-yuan Cheng
Publisher: Routledge
ISBN: 0429728255
Category : Business & Economics
Languages : en
Pages : 442
Book Description
How has the government of the PRC transformed traditional economic institutions into a socialist, central-planning system? What has been the impact of this transformation on China's economic growth? What is the essence of the Chinese development model and how successfully has it functioned during the past three decades? What are the prospects for t
Publisher: Routledge
ISBN: 0429728255
Category : Business & Economics
Languages : en
Pages : 442
Book Description
How has the government of the PRC transformed traditional economic institutions into a socialist, central-planning system? What has been the impact of this transformation on China's economic growth? What is the essence of the Chinese development model and how successfully has it functioned during the past three decades? What are the prospects for t
Industrial Development in Modern China
Author: Guan Quan
Publisher: Routledge
ISBN: 1000325822
Category : Business & Economics
Languages : en
Pages : 268
Book Description
This book studies the process of economic and industrial development in the Republic of China (1912-1949), in the hope of shedding light on how China came to be a comparative economic laggard in the period, especially in comparison to Japan. Backed up by extensive industrial statistical data gathered and rigorously analyzed by the author, this book stands out from previous research that has been limited to theoretical inferences and general judgments with scarce empirical evidence. So, far from being a purely historical review of China's industrial development, this book focuses on the internal logic of economic phenomena, especially the relationship among economic variables reflected in economic data, and it offers discussions within the framework of economic development theory. The author uses multivariate statistical analysis to draw comparisons between the industrial development of China and that of Japan, focusing on outbound investment and its importance for economic growth. This book will appeal to academics and general readers interested in the economic development and modern economic history of East Asia, as well as development economics and industrial and technological history.
Publisher: Routledge
ISBN: 1000325822
Category : Business & Economics
Languages : en
Pages : 268
Book Description
This book studies the process of economic and industrial development in the Republic of China (1912-1949), in the hope of shedding light on how China came to be a comparative economic laggard in the period, especially in comparison to Japan. Backed up by extensive industrial statistical data gathered and rigorously analyzed by the author, this book stands out from previous research that has been limited to theoretical inferences and general judgments with scarce empirical evidence. So, far from being a purely historical review of China's industrial development, this book focuses on the internal logic of economic phenomena, especially the relationship among economic variables reflected in economic data, and it offers discussions within the framework of economic development theory. The author uses multivariate statistical analysis to draw comparisons between the industrial development of China and that of Japan, focusing on outbound investment and its importance for economic growth. This book will appeal to academics and general readers interested in the economic development and modern economic history of East Asia, as well as development economics and industrial and technological history.
The Everyday Impact of Economic Reform in China
Author: Ying Zhu
Publisher: Routledge
ISBN: 1136965696
Category : Business & Economics
Languages : en
Pages : 214
Book Description
Examining the impact of economic reform on everyday life in China, this book explores how changes in the employment relationship have affected the enterprise performance, the quality of working life and the livelihood strategies for individual households and families in China.
Publisher: Routledge
ISBN: 1136965696
Category : Business & Economics
Languages : en
Pages : 214
Book Description
Examining the impact of economic reform on everyday life in China, this book explores how changes in the employment relationship have affected the enterprise performance, the quality of working life and the livelihood strategies for individual households and families in China.
Love, Money, and Parenting
Author: Matthias Doepke
Publisher: Princeton University Press
ISBN: 0691184216
Category : Social Science
Languages : en
Pages : 383
Book Description
An international and historical look at how parenting choices change in the face of economic inequality Parents everywhere want their children to be happy and do well. Yet how parents seek to achieve this ambition varies enormously. For instance, American and Chinese parents are increasingly authoritative and authoritarian, whereas Scandinavian parents tend to be more permissive. Why? Love, Money, and Parenting investigates how economic forces and growing inequality shape how parents raise their children. From medieval times to the present, and from the United States, the United Kingdom, Germany, Italy, Spain, and Sweden to China and Japan, Matthias Doepke and Fabrizio Zilibotti look at how economic incentives and constraints—such as money, knowledge, and time—influence parenting practices and what is considered good parenting in different countries. Through personal anecdotes and original research, Doepke and Zilibotti show that in countries with increasing economic inequality, such as the United States, parents push harder to ensure their children have a path to security and success. Economics has transformed the hands-off parenting of the 1960s and ’70s into a frantic, overscheduled activity. Growing inequality has also resulted in an increasing “parenting gap” between richer and poorer families, raising the disturbing prospect of diminished social mobility and fewer opportunities for children from disadvantaged backgrounds. In nations with less economic inequality, such as Sweden, the stakes are less high, and social mobility is not under threat. Doepke and Zilibotti discuss how investments in early childhood development and the design of education systems factor into the parenting equation, and how economics can help shape policies that will contribute to the ideal of equal opportunity for all. Love, Money, and Parenting presents an engrossing look at the economics of the family in the modern world.
Publisher: Princeton University Press
ISBN: 0691184216
Category : Social Science
Languages : en
Pages : 383
Book Description
An international and historical look at how parenting choices change in the face of economic inequality Parents everywhere want their children to be happy and do well. Yet how parents seek to achieve this ambition varies enormously. For instance, American and Chinese parents are increasingly authoritative and authoritarian, whereas Scandinavian parents tend to be more permissive. Why? Love, Money, and Parenting investigates how economic forces and growing inequality shape how parents raise their children. From medieval times to the present, and from the United States, the United Kingdom, Germany, Italy, Spain, and Sweden to China and Japan, Matthias Doepke and Fabrizio Zilibotti look at how economic incentives and constraints—such as money, knowledge, and time—influence parenting practices and what is considered good parenting in different countries. Through personal anecdotes and original research, Doepke and Zilibotti show that in countries with increasing economic inequality, such as the United States, parents push harder to ensure their children have a path to security and success. Economics has transformed the hands-off parenting of the 1960s and ’70s into a frantic, overscheduled activity. Growing inequality has also resulted in an increasing “parenting gap” between richer and poorer families, raising the disturbing prospect of diminished social mobility and fewer opportunities for children from disadvantaged backgrounds. In nations with less economic inequality, such as Sweden, the stakes are less high, and social mobility is not under threat. Doepke and Zilibotti discuss how investments in early childhood development and the design of education systems factor into the parenting equation, and how economics can help shape policies that will contribute to the ideal of equal opportunity for all. Love, Money, and Parenting presents an engrossing look at the economics of the family in the modern world.