New Paradigm For Interpreting The Chinese Economy: Theories, Challenges And Opportunities

New Paradigm For Interpreting The Chinese Economy: Theories, Challenges And Opportunities

Author: Justin Yifu Lin

Publisher: World Scientific

Published: 2014-03-28

Total Pages: 215

ISBN-13: 9814522333

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Since the reform and opening up in 1978, the Chinese economy has grown rapidly. China has become the focus of the world due to its astonishing achievements in every aspect of its economical growth. The country's transformation process has witnessed unprecedented social and economic phenomena and the existing economic theories have not been able to explain this rapid growth. Therefore, there is a need to establish new theories. This book fills the gap by bringing forth new ideas and economic theories.The author, who is one of China's most prestigious economists, has a profound understanding of the country's social, economic and political structures. The book is a collection of his most representative works in the recent years. The chapters not only investigate problems and challenges faced by the Chinese economy, but also shed new light on the solutions and opportunities.


Social Mobilisation in Post-Industrial China

Social Mobilisation in Post-Industrial China

Author: Jia Gao

Publisher: Edward Elgar Publishing

Published: 2019

Total Pages: 333

ISBN-13: 1786432595

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In recent years China has experienced intense economic development. Previously a rapidly urbanising industrial economy, the country has become a post-industrial economy with a service sector that accounts for almost half the nation’s GDP. This transformation has created many socio-political changes, but key among them is social mobilisation. This book provides a full and systematic analysis of social mobilisation in China, and how its use as part of state capacity has evolved.


Economic Transition In China: Long-run Growth And Short-run Fluctuations

Economic Transition In China: Long-run Growth And Short-run Fluctuations

Author: Zhigang Yuan

Publisher: World Scientific

Published: 2014-07-03

Total Pages: 529

ISBN-13: 9814569992

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This book provides a comprehensive overview on Chinese economy in the last three decades and an insightful view on the future reform in China. The China's miracle is used to describe its rapid economic growth in the last thirty years. The author aims to demystify the miracle by analyzing the past and present of economic transitions and showcases the blueprint for future economic reforms, from the perspectives of institutional transformation, urbanization and changes in the labor markets.The book contains hottest topics on Chinese economy, such as land market reform, new-type urbanization and financial reform. It investigates both the long-run growth and short-run fluctuations. The factor markets, including labor market, capital market and land market, are analyzed as key determinants to long-run growth and consumption, while investment and net export are investigated as elements to short-run fluctuations.


Reforging The Central Bank: The Top-level Design Of The Chinese Financial System In The New Normal

Reforging The Central Bank: The Top-level Design Of The Chinese Financial System In The New Normal

Author: Haiqing Deng

Publisher: World Scientific

Published: 2016-03-11

Total Pages: 219

ISBN-13: 9814704814

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Reforging the Central Bank presents an insightful comparison between financial development in China — a rising global economic superpower — under the old and new normal and an all-encapsulating study of current monetary transmission mechanism and monetary policy instruments. Focusing on the 'top-level design' for Chinese financial system and the reformation of People's Bank of China (PBoC), China's central bank, Dr Deng, head of the Fixed Income Research Department at CITIC Securities, and his team provide a deep analysis with useful suggestions and bold predictions for the central bank's new policy framework, new objectives, and new mechanisms in the future.As such, the carefully presented analysis of this book will be of value to researchers and curious readers who are interested in understanding of China's — a rising global economic superpower — future financial development environment.


Opening Up China's Markets Of Crude Oil And Petroleum Products: Theoretical Research And Reform Solutions

Opening Up China's Markets Of Crude Oil And Petroleum Products: Theoretical Research And Reform Solutions

Author: Hong Sheng

Publisher: World Scientific

Published: 2015-01-26

Total Pages: 307

ISBN-13: 9814603988

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This book provides a comprehensive and unique perspective on China's oil and natural gas industry and a practical roadmap to reforms.The book begins with a thorough examination of the status quo of China's oil and natural gas industry. It explores the evolution, transition, and characteristics of the oil industry of China, and unveils the problems that caused ineffectiveness of the oil and petroleum products market, namely, the dominance of monopoly enterprises, price regulation, and restriction to entry. It provides an insightful analysis on the efficiency losses and welfare losses the monopoly system brings to the society as the current system distorts income distribution, violates the principle of fairness, and stands against the market rules and the legal pillars of the Chinese constitution. This book argues that the monopoly system in the oil industry of China results in a variety of toxic influences and that reforms are needed. It then offers a roadmap to reforms in the oil and petroleum products market in an incremental fashion.The findings and proposals of the Chinese version of this book have proved to be successful, as they led to immediate shifts in the policies of the Chinese authorities. This book provides valuable insights into the urgency involved in carrying out reforms in the oil and petroleum products market in China, with concrete and up-to-date statistics, comprehensive and detailed analyses, and authoritative and authentic sources.


The Ecology Of Chinese Private Enterprises

The Ecology Of Chinese Private Enterprises

Author: Xingyuan Feng

Publisher: World Scientific

Published: 2015-03-26

Total Pages: 454

ISBN-13: 9814596914

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This book focuses on the study of the environment for the survival and development of Chinese private enterprises. It analyzes the historical development and current overall development of private enterprises in China, their number, size structure, contribution to GDP, employment and tax revenue, and size of investment. It summarizes the laws and regulations relating to the development of private enterprises. It assesses their survival environment in comparison with SOEs' and from the perspective of entrepreneurs. The book also addresses the problems with the protection of property rights of private enterprises, their market entry, their capital mobility and their own management. It concludes with the analysis of the main factors hindering the development of private enterprises in China and some policy recommendations for improving the environment for their survival and development.


Administrative Monopoly In China: Causes, Behaviors, And Termination

Administrative Monopoly In China: Causes, Behaviors, And Termination

Author: Hong Sheng

Publisher: World Scientific

Published: 2015-03-05

Total Pages: 414

ISBN-13: 9814611085

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Administrative Monopoly in China: Causes, Behaviors, and Termination is a further work of our previous book, China's State-Owned Enterprises: Nature, Performance and Reform. This new book analyzes the SOEs with respect to monopoly, and focuses on six industries: telecommunication, petroleum, railway, salt, banking and football.The book tells the history of how administrative monopolies were formed in China, analyzes the factors responsible for this, describes the behaviors of administrative monopoly, enterprises, and individuals against the monopolistic background, and presents data on the losses brought about by the administrative monopolies.


Game: The Segmentation, Implementation And Protection Of Land Rights In China

Game: The Segmentation, Implementation And Protection Of Land Rights In China

Author: Shuguang Zhang

Publisher: World Scientific

Published: 2015-08-24

Total Pages: 318

ISBN-13: 9814623393

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This book provides a thorough analysis of the evolution of land property rights and transfer mechanism during the transition of the Chinese society from being a traditional self-sustaining agricultural society to a modern commercialized agricultural society. It provides empirical proof for complicated property rights theories and a solution and path for land capitalization. It discloses that in practice, land ownership may not be the essence and knot of the problem, and that the implementation of land property rights really matters.The book also provides a series of pragmatic solutions and measures to improve the current land law system and land policy in China. It stresses the importance of a pragmatic research methodology that is based on arguments on real life research and evidence, which may help promote a more grounded research atmosphere in the Chinese academia.


Social Integration of Rural-Urban Migrants in China

Social Integration of Rural-Urban Migrants in China

Author: Zhongshan E. T. Al YUE

Publisher: World Scientific

Published: 2015-10-22

Total Pages: 266

ISBN-13: 9814641669

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This book focuses on rural-urban migrants in China. They are one of the most vulnerable and disadvantaged groups in the country but are essential to the country's industrialization and urbanization. Integration of these migrants into urban societies is an urgent issue facing Chinese policy makers. The book provides an updated, systematic, empirically rich, and multifaceted analysis of migrant integration, its determinants and consequences in China. It integrates insights from the perspective of sociology, population studies, social psychology, and public health to help us understand how and why migrants integrate, the role of migrant networks in social integration, and the relationship between integration of migrants and their mental health and settlement intentions.


Interpreting China's Economy

Interpreting China's Economy

Author: Gregory C Chow

Publisher: World Scientific

Published: 2010-07-12

Total Pages: 300

ISBN-13: 9814338656

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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.