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Author: Ross Garnaut
Publisher: ANU Press
ISBN: 176046225X
Category : Business & Economics
Languages : en
Pages : 709
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Book Description
The year 2018 marks 40 years of reform and development in China (1978–2018). This commemorative book assembles some of the world’s most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that have been learned by the model of growth and development in China over the preceding four decades. This book explores what has happened in the transformation of the Chinese economy in the past 40 years for China itself, as well as for the rest of the world, and discusses the implications of what will happen next in the context of China’s new reform agenda. Focusing on the long-term development strategy amid various old and new challenges that face the economy, this book sets the scene for what the world can expect in China’s fifth decade of reform and development. A key feature of this book is its comprehensive coverage of the key issues involved in China’s economic reform and development. Included are discussions of China’s 40 years of reform and development in a global perspective; the political economy of economic transformation; the progress of marketisation and changes in market-compatible institutions; the reform program for state-owned enterprises; the financial sector and fiscal system reform, and its foreign exchange system reform; the progress and challenges in economic rebalancing; and the continuing process of China’s global integration. This book further documents and analyses the development experiences including China’s large scale of migration and urbanisation, the demographic structural changes, the private sector development, income distribution, land reform and regional development, agricultural development, and energy and climate change policies.
Author: Ross Garnaut
Publisher: ANU Press
ISBN: 176046225X
Category : Business & Economics
Languages : en
Pages : 709
Get Book Here
Book Description
The year 2018 marks 40 years of reform and development in China (1978–2018). This commemorative book assembles some of the world’s most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that have been learned by the model of growth and development in China over the preceding four decades. This book explores what has happened in the transformation of the Chinese economy in the past 40 years for China itself, as well as for the rest of the world, and discusses the implications of what will happen next in the context of China’s new reform agenda. Focusing on the long-term development strategy amid various old and new challenges that face the economy, this book sets the scene for what the world can expect in China’s fifth decade of reform and development. A key feature of this book is its comprehensive coverage of the key issues involved in China’s economic reform and development. Included are discussions of China’s 40 years of reform and development in a global perspective; the political economy of economic transformation; the progress of marketisation and changes in market-compatible institutions; the reform program for state-owned enterprises; the financial sector and fiscal system reform, and its foreign exchange system reform; the progress and challenges in economic rebalancing; and the continuing process of China’s global integration. This book further documents and analyses the development experiences including China’s large scale of migration and urbanisation, the demographic structural changes, the private sector development, income distribution, land reform and regional development, agricultural development, and energy and climate change policies.
Author: Congressional Research Service
Publisher: Createspace Independent Publishing Platform
ISBN: 9781976466953
Category :
Languages : en
Pages : 52
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Book Description
Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
Author: Jonathan Unger
Publisher: Routledge
ISBN: 1315292033
Category : History
Languages : en
Pages : 402
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Book Description
During the past quarter century Jonathan Unger has interviewed farmers and rural officials from various parts of China in order to track the extraordinary changes that have swept the countryside from the Maoist era through the Deng era to the present day. A leading specialist on rural China, Professor Unger presents a vivid picture of life in rural areas during the Maoist revolution, and then after the post-Mao disbandment of the collectives. This is a story of unexpected continuities amidst enormous change. Unger describes how rural administrations retain Mao-era characteristics - despite the major shifts that have occurred in the economic and social hierarchies of villages as collectivization and "class struggle" gave way to the slogan "to get rich is glorious." A chapter explores the private entrepreneurship that has blossomed in the prosperous parts of the countryside. Another focuses on the tensions and exploitation that have arisen as vast numbers of migrant laborers from poor districts have poured into richer ones. Another, based on five months of travel by jeep into impoverished villages in the interior, describes the dilemmas of under-development still faced by many tens of millions of farmers, and the ways in which government policies have inadvertently hurt their livelihoods.
Author: June Grasso
Publisher: Routledge
ISBN: 1317236637
Category : History
Languages : en
Pages : 314
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Book Description
Extensively revised and fully updated in this fifth edition, this popular textbook conveys the drama of China's struggle to modernize against the backdrop of a proud and difficult history. It features new analysis of the issues facing China’s fifth generation of leaders, including the current economic climate, China's relations with its neighbors and the United States, the latest Tibetan crisis, and the election of Xi Jinping. Incorporating new analytical summaries in each chapter and updated suggested readings, this new edition covers: The breakdown of imperial China in the face of Japanese and Western encroachments The early struggles between the ideologies and armies of Chiang Kai-shek and Mao Zedong China's bitter and costly war with Japan The Chinese Communist Party’s successes during the 1950s Mao Zedong’s turbulent and tragic Great Leap Forward and Cultural Revolution Deng Xiaoping’s far-reaching reforms that resulted in the dismantling of socialism and China’s dramatic economic growth The triumphant hosting of the 2008 summer Olympics and China’s emergence as a world power. Spanning the years from China's defeat in the Opium Wars to its current status as a potential superpower, the fifth edition of Modernization and Revolution in China is essential reading for courses on Modern Chinese History, Chinese Politics and Modern East Asia.
Author: Hiroshi Sato
Publisher: Routledge
ISBN: 1135787107
Category : Business & Economics
Languages : en
Pages : 257
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Book Description
This book assesses the different factors that are contributing to the transition to a market economy and the growth of networks in rural China. It demonstrates the importance of the party-state system and regional differences.
Author: Christopher Isett
Publisher: Rowman & Littlefield
ISBN: 1442209682
Category : History
Languages : en
Pages : 423
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Book Description
This innovative text provides a compelling narrative world history through the lens of food and farmers. Tracing the history of agriculture from earliest times to the present, Christopher Isett and Stephen Millerargue that people, rather than markets, have been the primary agents of agricultural change. Exploring the actions taken by individuals and groups over time and analyzing their activities in the wider contexts of markets, states, wars, the environment, population increase, and similar factors, the authors emphasize how larger social and political forces inform decisions and lead to different technological outcomes. Both farmers and elites responded in ways that impeded economic development. Farmers, when able to trade with towns, used the revenue to gain more land and security. Elites used commercial opportunities to accumulate military power and slaves. The book explores these tendencies through rich case studies of ancient China; precolonial South America; early-modern France, England, and Japan; New World slavery; colonial Taiwan; socialist Cuba; and many other periods and places. Readers will understand how the promises and problems of contemporary agriculture are not simply technologically derived but are the outcomes of decisions and choices people have made and continue to make.
Author: Alessandra Cappelletti
Publisher: Springer Nature
ISBN: 9811515360
Category : Social Science
Languages : en
Pages : 333
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Book Description
In an unprecedented exploration of space and power in rural Xinjiang, a Chinese region home to the Muslim population of the Uyghurs, this book adopts a grounded theory approach and a trans-ethnic perspective into the complex and sensitive topic of land issues and agricultural land evictions in Xinjiang Uyghur Autonomous Region. By exposing the dynamics of land acquisition and power building in the politically contested space of the region, the author shows how state owned land in a key commercial and cultural hub on the new Silk Road became a commodity, in a context of violent human interactions driven by power. Relying on previously undisclosed material and on a unique field research among farmers and local authorities, the author retraces the steps of Uyghur peasant workers, entangled in a suspended situation between abandoned rural villages, migration and urban alienation, in a book which explores agency in violent processes of social change, and adds concepts and insights to the current knowledge of how we become modern citizens. The microcosm of Kashgar, an oasis-city in Xinjiang, acts as a mirror reflecting socio political dynamics framing people’s identity. Shedding light on one of the most inaccessible region in China, this book is a key read for academics and a broader public willing to get a clearer view of one of the sourest power struggle in the most contested region within the next superpower.
Author: Li Liu
Publisher: Cambridge University Press
ISBN: 0521643104
Category : History
Languages : en
Pages : 499
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Book Description
"Past, present and future "The archaeological materials recovered from the Anyang excavations ... in the period between 1928 and 1937 ... have laid a new foundation for the study of ancient China (Li, C. 1977: ix)." When inscribed oracle bones and enormous material remains were found through scientific excavation in Anyang in 1928, the historicity of the Shang dynasty was confirmed beyond dispute for the first time (Li, C. 1977: ix-xi). This excavation thus marked the beginning of a modern Chinese archaeology endowed with great potential to reveal much of China's ancient history.. Half a century later, Chinese archaeology had made many unprecedented discoveries which surprised the world, leading Glyn Daniel to believe that "a new awareness of the importance of China will be a key development in archaeology in the decades ahead (Daniel 1981: 211). This enthusiasm was soon shared by the Chinese archaeologists when Su Bingqi announced that "the Golden Age of Chinese archaeology is arriving (Su, B. 1994: 139--140)". In recent decades, archaeology has continuously prospered, becoming one of the most rapidly developing fields in social science in China"--
Author: Christopher B. Barrett
Publisher: OUP Oxford
ISBN: 0191668702
Category : Business & Economics
Languages : en
Pages : 510
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Book Description
Global food price spikes in 2008 and again in 2011 coincided with a surge of political unrest in low- and middle-income countries. Angry consumers took to the streets in scores of nations. In some places, food riots turned violent, pressuring governments and in a few cases contributed to their overthrow. Foreign investors sparked a new global land rush, adding a different set of pressures. With scientists cautioning that the world has entered a new era of steadily rising food prices, perhaps aggravated by climate change, the specter of widespread food insecurity and sociopolitical instability weighs on policymakers worldwide. In the past few years, governments and philanthropic foundations began redoubling efforts to resuscitate agricultural research and technology transfer, as well as to accelerate the modernization of food value chains to deliver high quality food inexpensively, faster, and in greater volumes to urban consumers. But will these efforts suffice? This volume explores the complex relationship between food security and sociopolitical stability up to roughly 2025. Organized around a series of original essays by leading global technical experts, a key message of this volume is that actions taken in an effort to address food security stressors may have consequences for food security, stability, or both that ultimately matter far more than the direct impacts of biophysical drivers such as climate or land or water scarcity. The means by which governments, firms, and private philanthropies tackle the food security challenge of the coming decade will fundamentally shape the relationship between food security and sociopolitical stability.
Author: Maddison Angus
Publisher: OECD Publishing
ISBN: 9264163557
Category :
Languages : en
Pages : 196
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Book Description
The study provides a major reassessment of the scale and scope of China’s resurgence over the past half century, employing quantitative measurement techniques which are standard practice in OECD countries, but which have not hitherto been available for China.
