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: Keijiro Otsuka
Publisher: Springer
ISBN: 9811331316
Category : Business & Economics
Languages : en
Pages : 305
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Book Description
This book is open access under a CC BY-NC-ND license. This book addresses the issue of how a country, which was incorporated into the world economy as a periphery, could make a transition to the emerging state, capable of undertaking the task of economic development and industrialization. It offers historical and contemporary case studies of transition, as well as the international background under which such a transition was successfully made (or delayed), by combining the approaches of economic history and development economics. Its aim is to identify relevant historical contexts, that is, the ‘initial conditions’ and internal and external forces which governed the transition. It also aims to understand what current low-income developing countries require for their transition. Three economic driving forces for the transition are identified. They are: (1) labor-intensive industrialization, which offers ample employment opportunities for labor force; (2) international trade, which facilitates efficient international division of labor; and (3) agricultural development, which improves food security by increasing supply of staple foods. The book presents a bold account of each driver for the transition.
Author: Guan Quan
Publisher: Routledge
ISBN: 1000325822
Category : Business & Economics
Languages : en
Pages : 229
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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.
Author: S. Cheng
Publisher: Springer
ISBN: 0230501710
Category : Social Science
Languages : en
Pages : 357
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Book Description
This book is a comprehensive and positive study of the special pattern of China's industrialization and economic development, covering all of the relevant, main policies (more than one hundred) from 1949 to the twenty-first century.
Author: Jon Sigurdson
Publisher: Harvard Univ Asia Center
ISBN: 9780674780729
Category : Business & Economics
Languages : en
Pages : 312
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Book Description
Small-scale industries in rural areas in China are today an essential element of regional development programs. This monograph analyzes two main development strategies: technology choices in a number of industrial sectors and the integrated rural development strategy.
Author: SHAO Binhong
Publisher: BRILL
ISBN: 9004383948
Category : Political Science
Languages : en
Pages : 261
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Book Description
Political Economy of Globalization and China's Options offers the political economy of globalization and China’s options in response to globalization’s retrogression, and the construction of world order. What are the strategies for upgrading the competitiveness of an emerging major power? Why does world need a new concept of openness? What are the four major challenges for the world economy? How do Chinese scholars think of in an “Anti-Globalization” environment? What are the five major objectives of global politics? Besides answering these basic questions, we will also consider other issues: the triangular relationship among China, the United States, and Russia; Rise of China and transformation of international order; understanding nuclear security and safety issues from the perspective of global governance.
Author: Yanji Ma
Publisher: World Scientific
ISBN: 9814405809
Category : Business & Economics
Languages : en
Pages : 252
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Book Description
This book aims to investigate how cities in China's rust belt restructure their urban industries and economies. Over the years, China's “economic miracle” has been mainly attributed to rapid development in its coastal region, where the majority of research into the country's development has originated from. Development in the rest of China seems to be attracting relatively scant research attention, especially in China's rust belt. In fact, the urban industrial restructuring process is an ongoing process in inland China, notably in the recent decade in terms of the scope, scale and speed of restructuring.The old industrial cities in northeast China (Manchuria) were the cradle of China's industrialization and had significantly contributed to the industrialization of the nation during the Mao era. Deng's open door policy and economic reform disadvantaged the region and left it behind others. In the context of market economy and competition from rapidly growing coastal areas, northeast China became the burden to China's overall economic development. With a high concentration of state-owned heavy industries, cities in this region suffered from heavy losses in revenue and massive layoffs of millions of former state-owned enterprise workers, known as the “Northeast Phenomenon” or “Neo-Northeast Phenomenon”. The once towering economic giant was down. Such a “phenomenon” is not uncommon in other “rust belt” regions in industrialized economies.However, since the implementation of the Chinese Government's “Revitalisation Strategy of Northeast China” in 2003, cities in northeast China have gone through various transformations. Their recent economic performance has made many Chinese economists predict that northeast China will become China's new growth engine and catch up with the economic performance of other prosperous regional economies such as the Pearl River Delta, Lower Yangtze River Delta and Beijing-Tianjin region.This book investigates how cities in northeast China are shaking off their economic disadvantages and implementing various forms of restructuring in their industries. The authors identify six different reindustrialization models, namely Shenyang Tiexi Model — repacking old industries; Dalian Model — beyond the China's coast development model; Daqing Model — extension of industrial chain; Fuxin Model — modern agro-processing saved the coal mining city from “ghost town”; Jilin city — low carbon-oriented model; and Central Liaoning Urban Cluster Model — negotiated/agreed industrial division. All these models will be explained through analysis of their approaches, key actors, and mechanisms.
Author: Y. Y. Kueh
Publisher: Edward Elgar Publishing
ISBN: 1848441401
Category : Biography & Autobiography
Languages : en
Pages : 295
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Book Description
The book is a scholarly attempt to place the post-Mao reforms in China in the context of developments in the Soviet Union and the Eastern European countries. The essays, written in different periods, have mostly been thoroughly rewritten, extended, updated and refocused in the light of recent developments, and demonstrate conclusively that Dengist reforms were not a clean break from the past, as many ideologically blinkered Western Sinologists readily assume; the reforms succeeded mainly because the post-Mao regime had inherited a solid economic and political edifice created during the Mao era. Radha Sinha, Glasgow University, UK Professor Kueh is one of the most original and prolific scholars in the field of communist Chinese studies. In this collection we can read fully updated versions of many of his most important contributions to our understanding of the Chinese economy in both its domestic and foreign dimensions. Most of these articles are now hard to get hold of and this new volume is therefore a most welcome addition to the literature. Christopher Howe, University of Sheffield, UK Y.Y. Kueh, in this stimulating collection of essays written over a career studying China s economy spanning more than three decades, argues the proposition that there were important elements of continuity in the transition of economic thinking from Mao Zedong to Deng Xiaoping. The argument is controversial, but scholars and students alike will gain insight into the economic development strategies of China from reading these carefully reasoned studies. They will challenge many of the common assumptions about the nature of China s transition from central planning to the market. Dwight H. Perkins, Harvard University, US Deng Xiaoping s economic strategy is widely regarded as a complete anathema to Mao s, but this study strongly argues that without the material foundations laid by Mao, it would have been very difficult for Deng to launch his reform and open-door policy. Deng basically shared Mao s aspirations and approach in pursuit of China s industrialization, and this had in fact helped to condition him to the successful gradualist methodology. Deng lost patience at times and resorted to the big bang strategy, only to fail miserably. Taken together, the book tells a new story about the economics of China s transition. This is a highly thought-provoking study, blending institutional and convincing statistical analysis. It will appeal to scholars and academics interested in the background and process of China emerging as an economic giant and especially to students of economics, politics, international business and globalization studies who aspire to an alternative, non-Left re-interpretation of Mao s legacy.
Author: Mark W. Frazier
Publisher: Cambridge University Press
ISBN: 1139432230
Category : Political Science
Languages : en
Pages : 306
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Book Description
State workers in China have until recently enjoyed the 'iron rice bowl' of comprehensive cradle-to-grave benefits and lifetime employment. This central institution in Chinese politics emerged over the course of various crises that swept through China's industrial sector prior to and after revolution in 1949. Frazier explores critical phases in the expansion of the Chinese state during the middle third of the twentieth century to reveal how different labour institutions reflected state power. While the 'iron rice bowl' is usually seen as an outgrowth of Communist labour policy, Frazier's account shows that is has longer historical roots. As a product of the Chinese state, the iron rice bowl's dismantling in the 1990s has raised sensitive issues about the way in which the contemporary Chinese state exerts control over urban industrial society. This book sheds light on state and society relations in China under the Nationalist and Communist regimes.
Author: Barry Naughton
Publisher:
ISBN: 9786078066599
Category :
Languages : en
Pages : 139
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Book Description
