China s Economy Into the New Century is popular PDF and ePub book, written by John Wong in 2002, it is a fantastic choice for those who relish reading online the Social Science genre. Let's immerse ourselves in this engaging Social Science book by exploring the summary and details provided below. Remember, China s Economy Into the New Century can be Read Online from any device for your convenience.
China s Economy Into the New Century Book PDF Summary
In the last two decades of the 20th century, China stood out as the world's star performer in economic growth, thanks to the market-oriented reform that started in 1978. At the turn of the century, the Chinese economy faces a series of challenges to sustain its growth and stability. The two-decade-long rapid growth has effectively strengthened China's economic power and raised its people's standard of living. It has also transformed China from a centrally planned command economy into a ?socialist market economy?, which operates increasingly in line with capitalist norms. Major structural problems, however, remain and are growing acute. Weakness in the fiscal system breeds rent seeking at the local level and causes tension in the state budget. The flawed financial institutions and the biased ownership structure continue to distort resource allocation and cause huge efficiency losses. Inter-provincial and inter-regional disparity is reaching a level that threatens national unity and social stability. As China joins the World Trade Organization and becomes more integrated into the world economy, it urgently needs to improve the domestic business environment and to beef up indigenous industries for foreign competition.This volume is a collection of papers written by scholars at the East Asian Institute to address those problems during the period 1999?2001. The authors, with their knowledge and experience in China studies, provide in-depth observations and professional analyses of some of the most important issues for the Chinese economy at the turn of the century. Some of the observations and analyses lead to enlightening policy recommendations. The solid scholarship combined with the policy orientation of these papers will appeal greatly to researchers in academia, governments and other institutions. The policy-oriented and fact-based analyses will also be of interest to practitioners in business, including business consultants.
Detail Book of China s Economy Into the New Century PDF
- Author : John Wong
- Release : 01 July 2024
- Publisher : World Scientific
- ISBN : 9789810247881
- Genre : Social Science
- Total Page : 468 pages
- Language : English
- PDF File Size : 20,5 Mb
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