how china became capitalist international economic association

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How China Became Capitalist

Author : Ronald Coase
ISBN : 9781137019363
Genre : Business & Economics
File Size : 46. 71 MB
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How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.

Unlikely Partners

Author : Julian Gewirtz
ISBN : 9780674973473
Genre : History
File Size : 21. 90 MB
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With Deng Xiaoping’s blessing, Mao’s successors scoured the globe for fresh ideas to launch domestic prosperity and global economic power. Yet China’s government did not publicize its engagement with Western-style innovations, claiming instead that economic reinvention was the Party’s achievement alone. Julian Gewirtz sets forth the truer story.

Capitalism From Below

Author : Victor Nee
ISBN : 9780674065390
Genre : Business & Economics
File Size : 37. 33 MB
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Over 630 million Chinese escaped poverty since the 1980s, the largest decrease in poverty in history. Studying 700 manufacturing firms in the Yangzi region, the authors argue that the engine of China’s economic miracle—private enterprise—did not originate at the top but bubbled up from below, overcoming initial obstacles set up by the government.

The Rise Of China And The Demise Of The Capitalist World Economy

Author : Minqi Li
ISBN : 9781583671825
Genre : Business & Economics
File Size : 30. 65 MB
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In recent years, China has become a major actor in the global economy, making a remarkable switch from a planned and egalitarian socialism to a simultaneously wide-open and tightly controlled market economy. Against the establishment wisdom, Minqi Li argues in this provocative and startling book that far from strengthening capitalism, China’s full integration into the world capitalist system will, in fact and in the not too distant future, bring about its demise. The author tells us that historically the spread and growth of capitalist economies has required low wages, taxation, and environmental costs, as well as a hegemonic nation to prevent international competition from eroding these requirements. With the decline of the economic power of the United States, its current hegemonic role will deteriorate and the unprecedented growth of China will so erode the foundations of capital accumulation—by pushing wages and environmental costs up, for example—that the entire capitalist system will be shaken to its core. This is essential reading for those who still believe that there is no alternative.

Green Capitalism The God That Failed

Author : Richard Smith
ISBN : 1848902050
Genre :
File Size : 23. 29 MB
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Smith contends that there is no possible solution to our global ecological crisis within the framework of any conceivable capitalism. The only alternative to market-driven planetary collapse is to transition to a largely planned, mostly publicly-owned economy based on production for need, on democratic governance and rough socio-economic equality, and on contraction and convergence between the global North and South. "Smith brings an impressive command of economics and an engaging conversational style of writing. He explains and illustrates with devastating clarity the key mechanisms of capitalism that force it to grow unendingly ... In the final two chapters, Smith outlines ecological constraints necessary for any post-capitalist economy and describes ecosocialist alternatives to capitalism. The necessary changes are staggering... To that end he outlines a number of attractive and attainable features of an ecosocialist society." David Klein, Director of the climate Science Program at California State University and author of "Capitalism and Climate Change"

China S Regulatory State

Author : Roselyn Hsueh
ISBN : 9780801462863
Genre : Political Science
File Size : 39. 35 MB
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Today's China is governed by a new economic model that marks a radical break from the Mao and Deng eras; it departs fundamentally from both the East Asian developmental state and its own Communist past. It has not, however, adopted a liberal economic model. China has retained elements of statist control even though it has liberalized foreign direct investment more than any other developing country in recent years. This mode of global economic integration reveals much about China's state capacity and development strategy, which is based on retaining government control over critical sectors while meeting commitments made to the World Trade Organization. In China's Regulatory State, Roselyn Hsueh demonstrates that China only appears to be a more liberal state; even as it introduces competition and devolves economic decisionmaking, the state has selectively imposed new regulations at the sectoral level, asserting and even tightening control over industry and market development, to achieve state goals. By investigating in depth how China implemented its economic policies between 1978 and 2010, Hsueh gives the most complete picture yet of China's regulatory state, particularly as it has shaped the telecommunications and textiles industries. Hsueh contends that a logic of strategic value explains how the state, with its different levels of authority and maze of bureaucracies, interacts with new economic stakeholders to enhance its control in certain economic sectors while relinquishing control in others. Sectoral characteristics determine policy specifics although the organization of institutions and boom-bust cycles influence how the state reformulates old rules and creates new ones to maximize benefits and minimize costs after an initial phase of liberalization. This pathbreaking analysis of state goals, government-business relations, and methods of governance across industries in China also considers Japan's, South Korea's, and Taiwan's manifestly different approaches to globalization.

Development Centre Studies Chinese Economic Performance In The Long Run 960 2030 Ad Second Edition Revised And Updated

Author : Maddison Angus
ISBN : 9789264037632
Genre :
File Size : 54. 90 MB
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This book uses a comparative approach to explain why China’s role in the world economy has changed so dramatically in the last thousand years. This edition has been revised and updated and Chapter 4 is new. It concludes that China will resume its role as the world's largest economy by 2015.

Theories Of International Economics

Author : Peter M. Lichtenstein
ISBN : 9781317433491
Genre : Business & Economics
File Size : 54. 55 MB
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International economic theories emerged within particular social, economic and political frameworks and were developed as solutions to the problems of contemporary economics. In order to understand the increasingly complex and interdependent state of today’s international economy, we need to realise the importance of those theories that came before. However, many international economics textbooks do not place the theories they discuss within this historical context. Theories of International Economics aims to redress the balance by taking a pluralistic approach, presenting with authority both orthodox and heterodox international economic theories. Each chapter shows the necessarily interdependent nature of schools of international economic theories by including an historical component that shows how each school of thought developed, why it developed and what it has to say about the contemporary world. This text examines a wide range of theories with an emphasis on the benefits of a pluralistic approach, addressing schools of thought including Classical, Neoclassical, Keynesian, Post Keynesian, Marxian, Austrian, Institutional and Feminist Economics, Mercantilism and Neo-Mercantilism, alongside – and in relation to – each other. This approach allows the scholarly value of each approach to be understood and appreciated, and in doing so enables a greater understanding of the world economy. This book is suitable for use as either a core or supplementary text on international economics and international political economy courses.

China The United States And The Global Economy

Author : Shuxun Chen
ISBN : 0833029630
Genre : Business & Economics
File Size : 28. 55 MB
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Chinese and American scholars and practitioners presented papers at the second of four annual conferences organized by RAND in Santa Monica, and the China Reform Forum (CRF) in Beijing. This book contains those edited papers. The second conference was held at RAND on November 9_10, 1999, with about 30 participants including the authors and their discussants. The topics discussed include China's World Trade Organization membership, the outlook for the U.S. and Chinese economies, and Sino-U.S. security relations--topics that are no less relevant now than they were at the time of the 1999 conference. The second CRF_RAND conference and the editing and other requisites for readying the original papers for publication could not have been accomplished without the generous support of several organizations and individuals. These include--besides the China Reform Forum and RAND--the Committee of 100 and Henry Tang, the Hoover Institution and John Raisian, the Capital Group Companies and Gina Despres, Lombard Investments and Joseph Chulick, the UCLA Center for International Studies and Richard Rosecrance, the Zhejiang Gateway International Investment Company and James Bitonti, the Overland Group and Fred Liao, and Roy Doumani. None of these organizations or individuals bears any responsibility for the content of the wide-ranging views and policy suggestions presented in the book.

The Party

Author : Richard McGregor
ISBN : 0061998087
Genre : History
File Size : 28. 17 MB
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“Few outsiders have any realistic sense of the innards, motives, rivalries, and fears of the Chinese Communist leadership. But we all know much more than before, thanks to Richard McGregor’s illuminating and richly-textured look at the people in charge of China’s political machinery.... Invaluable.” — James Fallows, National Correspondent for The Atlantic The Party is Financial Times reporter Richard McGregor’s eye-opening investigation into China’s Communist Party, and the integral role it has played in the country’s rise as a global superpower and rival to the United States. Many books have examined China’s economic rise, human rights record, turbulent history, and relations with the U.S.; none until now, however, have tackled the issue central to understanding all of these issues: how the ruling communist government works. The Party delves deeply into China’s secretive political machine.

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