The Chinese economic renaissance: apocalypse or cornucopia?
Gespeichert in:
1. Verfasser: | |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Basingstoke [u.a.]
Palgrave Macmillan
2008
|
Ausgabe: | 1. publ. |
Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis Inhaltsverzeichnis |
Beschreibung: | XXII, 263 S. |
ISBN: | 9780230218406 |
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Datensatz im Suchindex
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adam_text | THE CHINESE ECONOMIC RENAISSANCE APOCALYPSE OR CORNUCOPIA? DILIP K. DAS
MACMILLAN CONTENTS LIST OF TABLES XIII PREFACE XIV ACKNOWLEDGMENTS XX
ABOUT THE AUTHOR XXI 1 A CHINESE RENAISSANCE: THREE DECADES OF
INEXORABLE ECONOMIC PROGRESS 1 1.1 MAKING AN ECONOMIC U-TURN 1 1.1.1 A
UNIQUE DEVELOPMENT MODEL 5 1.1.2 WHY THE REFORM AND LIBERALIZATION
PROGRAM SUCCEEDED 7 1.1.3 TWO VITAL VARIABLES: SAVING AND INVESTMENT 11
1.1.4 DEMOGRAPHIC BONUS 14 1.1.5 TOTAL FACTOR PRODUCTIVITY (TFP) GROWTH
16 1.1.6 RAPID GROWTH AND RELENTLESS ECONOMIC ASCENT 20 1.1.7 DOWNSIDE
OF RELENTLESS ECONOMIC ASCENT 25 1.2 COMPARISON WITH THE OTHER ASIAN
HIGH ACHIEVERS 27 1.2.1 LARGER POTENTIAL GLOBAL IMPACT OF CHINA 29 1.2.2
CHINA S GLOBAL ACCEPTANCE 32 1.3 EVOLUTION OF A LARGE TRADING ECONOMY 33
1.3.1 WTO ACCESSION: MARATHON NEGOTIATIONS 37 1.3.2 EMERGENCE OF AN
EXPORT JUGGERNAUT 39 1.3.3 OUTER-ORIENTATION AND ECONOMIC TRANSFORMATION
43 1.4 A MAGNET FOR FDI 46 1.4.1 THE QUANTITATIVE DIMENSION AND
GEOGRAPHICAL CONCENTRATION OF FDI 48 1.4.2 DID CHINA EAT ASEAN S LUNCH?
51 1.4.3 DID FDI STIMULATE GROWTH? 51 1.4.4 DAWN OF A DUAL ECONOMY 53
1.5 MULTINATIONAL CORPORATIONS (MNCS) IN CHINA 54 1.5.1 STUMBLING BLOCKS
FACED BY THE MULTINATIONALS 54 1.5.2 MULTINATIONALS AND CHINESE TRADE 55
X CONTENTS 1.5.3 MULTINATIONALS AND INTENSIFICATION OF R&D 1.5.4
CHANGING CONDITIONS FOR SUCCESS 1.6 MANAGING THE FOREIGN EXCHANGE
RESERVES 1.6.1 MERITS AND DEMERITS OF LARGE RESERVE HOLDINGS 1.6.2
CREDIBLE ALTERNATIVE USAGES OF THE RESERVES 1.6.3 LAUNCH OF A SOVEREIGN
WEALTH FUND (SWF) 1.7 GROWTH PANGS AND ADMINISTRATIVE FAILURES 1.8 COST
OF RAPID GROWTH:. ENVIRONMENTAL DEGRADATION 1.9 FUTURE PROSPECTS AND THE
GROWTH TRAJECTORY 1.9.1 MEDIUM- AND SHORT-TERM GROWTH PROSPECTS 1.9.2
LONGSTANDING LIMITATIONS 1.9.3 REBALANCING THE ECONOMY: TRANSITIONING TO
A NEW GROWTH PATH 72 1.9.4 CHINA S PLACE IN THE GLOBAL ECONOMY 76 1.10
SUMMARY AND CONCLUSIONS 77 2 A CHINESE RENAISSANCE IN AN UNREMITTINGLY
INTEGRATING REGIONAL ECONOMY 90 2.1 INTRODUCTION 90 2.2 CHINA AND THE
ASIAN ECONOMIES: TWO PLAUSIBLE SCENARIOS . 91 2.2.1 UPGRADING THE
TECHNOLOGY BASE 94 2.2.2 EXPANSION OF INTRAREGIONAL TRADE AND VERTICAL
SPECIALIZATION 95 2.2.3 FUNCTIONING OF REGIONAL PRODUCTION NETWORKS 96
2.2.4 EFFECTS OF VERTICAL SPECIALIZATION ON CHINA S TRADE CONFIGURATION
99 2.2.5 CHINA S COMPETITIVE THREAT IN VARIOUS TECHNOLOGY CATEGORIES 100
2.2.6 HAS CHINA TURNED INTO AN OUTLIER? 101 2.3 CHINA S TRADE EXPANSION
AND THE ASIAN ECONOMIES 102 2.3.1 EXPLANATION OF THE CO-MOVEMENT IN
TRADE 104 2.3.2 COUNTRY- AND SECTOR-SPECIFIC DIFFERENCES 105 2.4 FDI
INFLOWS INTO CHINA AND THE ASIAN ECONOMIES 108 2.4.1 CHINA S ABILITY TO
ENTICE REGIONAL AND GLOBAL FDI 109 2.4.2 DID CHINA RECEIVE EXCESSIVE
FDI? ILL 2.4.3 CHINA AND THE ASIAN ECONOMIES: A ZERO-SUM-GAME ASSUMPTION
113 2.5 A STRATEGY FOR COPING WITH CHINA S ECONOMIC EXPANSION 114
CONTENTS XI 2.6 CHINA S REGIONAL INTEGRATION POSTURE AND RECENT
INITIATIVES 116 2.7 SUMMARY AND CONCLUSIONS 119 3 A CHINESE RENAISSANCE
IN AN UNREMITTINGLY INTEGRATING GLOBAL ECONOMY 125 3.1 CHINA AND THE
GLOBAL ECONOMY: A FUNDAMENTAL REPOSITIONING 125 3.1.1 AN UNPREJUDICED
ASSESSMENT 129 3.1.2 ASCENDANCE AS A SOFT-POWER OF GLOBAL MAGNITUDE 130
3.1.3 THE GEOSTRATEGIC STANCE OF PEACEFUL ASCENDANCY 132 3.1.4 MODEST
ROLE IN THE GLOBAL ECONOMIC FORA 134 3.2 CHINA AS A SOURCE OF GLOBAL
GROWTH 137 3.3 CHANNELS OF IMPACT OVER THE GLOBAL ECONOMY 140 3.4 WTO
ACCESSION AND ITS CONSEQUENCES 144 3.4.1 EXPANDING INTERNATIONAL
COMPETITIVENESS AND THE GLOBAL IMPACT 145 3.5 OUTWARD FDI AND THE GOING
GLOBAL STRATEGY 147 3.6 MODELING CHINA S GLOBAL INTEGRATION 149 3.7 HOW
TO DANCE WITH CHINA: FORMULATING A FUNCTIONAL STRATEGY 151 3.8 SUMMARY
AND CONCLUSIONS 154 4 THE CHINESE RENAISSANCE AND THE TRANSPACIFIC
MACROECONOMIC IMBALANCES 160 4.1 MACROECONOMIC IMBALANCES IN THE GLOBAL
ECONOMY 160 4.2 PERSISTENCE AND MAGNITUDE OF THE CHINESE CURRENT ACCOUNT
SURPLUS 163 4.3 PERSISTENCE AND MAGNITUDE OF THE US CURRENT ACCOUNT
DEFICIT 165 4.4 CHINA S BILATERAL TRADE SURPLUS VIS-A-VIS THE US 170
4.4.1 THE BILATERAL TRADE STRUCTURE 173 4.4.2 PRODUCT DRIVERS OF
BILATERAL TRADE 175 4.4.3 BILATERAL TRADE AND CHINA S INCENTIVE ZONES
176 4.4.4 EXPORTS TO THE US BY THE FIES 176 4.4.5 THE PROBABILITY OF
CONTRACTION OF CHINESE EXPORTS TO THE US 177 4.5 TRANSPACIFIC FINANCIAL
IMBALANCES: STABLE OR UNSTABLE 178 4.6 DIVERSE PERSPECTIVES ON
TRANSPACIFIC MACROECONOMIC IMBALANCES 181 XII CONTENTS 4.7 WINDING DOWN
THE PAYMENTS IMBALANCES BETWEEN CHINA AND THE US 185 4.7.1 MULTILATERAL
CONSULTATIONS ON TRANSPACIFIC IMBALANCES 186 4.7.2 AN ACCORD TO UNWIND
THE TRANSPACIFIC IMBALANCES 188 4.8 SUMMARY AND CONCLUSIONS 190 5 THE
CHINESE RENAISSANCE AND ITS CURRENCY CONUNDRUM 198 5.1 EVOLUTION OF
CHINA S EXCHANGE RATE REGIME 198 5.2 MISALIGNMENT OF THE RMB YUAN 202
5.2.1 UNDERVALUATION AND BALASSA-SAMUELSON HYPOTHESIS 202 5.2.2
UNDERVALUATION AND THE BEER, THE PEER AND THE FEER ESTIMATES 204 5.3
REVALUATION OF THE RMB YUAN 206 5.3.1 WHY THE REVALUATION EXPECTATIONS
WERE RIFE 206 5.3.2 WHY MARKET EXPECTATIONS WERE BELIED 207 5.3.3
PRESSURE FOR APPRECIATION ON THE RMB YUAN 209 5.3.4 THE OPPORTUNITY COST
OF UNDERVALUATION 212 5.3.5 FINALLY THE MINIATURE REVALUATION 213 5.3.6
LIFE AFTER THE REFORM OF THE EXCHANGE RATE REGIME 215 5.4 AN UNAMBIGUOUS
DICHOTOMY OF PERSPECTIVES 216 5.5 TRADE RESPONSE TO CURRENCY VALUE
MOVEMENT 219 5.5.1 CONSEQUENCES FOR CHINA S TRADE 219 5.5.2 CONSEQUENCES
FOR THE ASIAN ECONOMIES 221 5.5.3 CONSEQUENCES FOR THE CHINA-US
BILATERAL TRADE 222 5.5.4 GENERALIZED CURRENCY APPRECIATION WITH THE
OTHER ASIAN ECONOMIES 223 5.6 THE SUBPRIME MORTGAGE CRISIS AND THE RMB
YUAN APPRECIATION 224 5.7 SUMMARY AND CONCLUSIONS 225 NOTES 233
BIBLIOGRAPHY 243 INDEX 261
|
adam_txt |
THE CHINESE ECONOMIC RENAISSANCE APOCALYPSE OR CORNUCOPIA? DILIP K. DAS
MACMILLAN CONTENTS LIST OF TABLES XIII PREFACE XIV ACKNOWLEDGMENTS XX
ABOUT THE AUTHOR XXI 1 A CHINESE RENAISSANCE: THREE DECADES OF
INEXORABLE ECONOMIC PROGRESS 1 1.1 MAKING AN ECONOMIC U-TURN 1 1.1.1 A
UNIQUE DEVELOPMENT MODEL 5 1.1.2 WHY THE REFORM AND LIBERALIZATION
PROGRAM SUCCEEDED 7 1.1.3 TWO VITAL VARIABLES: SAVING AND INVESTMENT 11
1.1.4 DEMOGRAPHIC BONUS 14 1.1.5 TOTAL FACTOR PRODUCTIVITY (TFP) GROWTH
16 1.1.6 RAPID GROWTH AND RELENTLESS ECONOMIC ASCENT 20 1.1.7 DOWNSIDE
OF RELENTLESS ECONOMIC ASCENT 25 1.2 COMPARISON WITH THE OTHER ASIAN
HIGH ACHIEVERS 27 1.2.1 LARGER POTENTIAL GLOBAL IMPACT OF CHINA 29 1.2.2
CHINA'S GLOBAL ACCEPTANCE 32 1.3 EVOLUTION OF A LARGE TRADING ECONOMY 33
1.3.1 WTO ACCESSION: MARATHON NEGOTIATIONS 37 1.3.2 EMERGENCE OF AN
EXPORT JUGGERNAUT 39 1.3.3 OUTER-ORIENTATION AND ECONOMIC TRANSFORMATION
43 1.4 A MAGNET FOR FDI 46 1.4.1 THE QUANTITATIVE DIMENSION AND
GEOGRAPHICAL CONCENTRATION OF FDI 48 1.4.2 DID CHINA EAT ASEAN'S LUNCH?
51 1.4.3 DID FDI STIMULATE GROWTH? 51 1.4.4 DAWN OF A DUAL ECONOMY 53
1.5 MULTINATIONAL CORPORATIONS (MNCS) IN CHINA 54 1.5.1 STUMBLING BLOCKS
FACED BY THE MULTINATIONALS 54 1.5.2 MULTINATIONALS AND CHINESE TRADE 55
X CONTENTS 1.5.3 MULTINATIONALS AND INTENSIFICATION OF R&D 1.5.4
CHANGING CONDITIONS FOR SUCCESS 1.6 MANAGING THE FOREIGN EXCHANGE
RESERVES 1.6.1 MERITS AND DEMERITS OF LARGE RESERVE HOLDINGS 1.6.2
CREDIBLE ALTERNATIVE USAGES OF THE RESERVES 1.6.3 LAUNCH OF A SOVEREIGN
WEALTH FUND (SWF) 1.7 GROWTH PANGS AND ADMINISTRATIVE FAILURES 1.8 COST
OF RAPID GROWTH:. ENVIRONMENTAL DEGRADATION 1.9 FUTURE PROSPECTS AND THE
GROWTH TRAJECTORY 1.9.1 MEDIUM- AND SHORT-TERM GROWTH PROSPECTS 1.9.2
LONGSTANDING LIMITATIONS 1.9.3 REBALANCING THE ECONOMY: TRANSITIONING TO
A NEW GROWTH PATH 72 1.9.4 CHINA'S PLACE IN THE GLOBAL ECONOMY 76 1.10
SUMMARY AND CONCLUSIONS 77 2 A CHINESE RENAISSANCE IN AN UNREMITTINGLY
INTEGRATING REGIONAL ECONOMY 90 2.1 INTRODUCTION 90 2.2 CHINA AND THE
ASIAN ECONOMIES: TWO PLAUSIBLE SCENARIOS . 91 2.2.1 UPGRADING THE
TECHNOLOGY BASE 94 2.2.2 EXPANSION OF INTRAREGIONAL TRADE AND VERTICAL
SPECIALIZATION 95 2.2.3 FUNCTIONING OF REGIONAL PRODUCTION NETWORKS 96
2.2.4 EFFECTS OF VERTICAL SPECIALIZATION ON CHINA'S TRADE CONFIGURATION
99 2.2.5 CHINA'S COMPETITIVE THREAT IN VARIOUS TECHNOLOGY CATEGORIES 100
2.2.6 HAS CHINA TURNED INTO AN OUTLIER? 101 2.3 CHINA'S TRADE EXPANSION
AND THE ASIAN ECONOMIES 102 2.3.1 EXPLANATION OF THE CO-MOVEMENT IN
TRADE 104 2.3.2 COUNTRY- AND SECTOR-SPECIFIC DIFFERENCES 105 2.4 FDI
INFLOWS INTO CHINA AND THE ASIAN ECONOMIES 108 2.4.1 CHINA'S ABILITY TO
ENTICE REGIONAL AND GLOBAL FDI 109 2.4.2 DID CHINA RECEIVE EXCESSIVE
FDI? ILL 2.4.3 CHINA AND THE ASIAN ECONOMIES: A ZERO-SUM-GAME ASSUMPTION
113 2.5 A STRATEGY FOR COPING WITH CHINA'S ECONOMIC EXPANSION 114
CONTENTS XI 2.6 CHINA'S REGIONAL INTEGRATION POSTURE AND RECENT
INITIATIVES 116 2.7 SUMMARY AND CONCLUSIONS 119 3 A CHINESE RENAISSANCE
IN AN UNREMITTINGLY INTEGRATING GLOBAL ECONOMY 125 3.1 CHINA AND THE
GLOBAL ECONOMY: A FUNDAMENTAL REPOSITIONING 125 3.1.1 AN UNPREJUDICED
ASSESSMENT 129 3.1.2 ASCENDANCE AS A SOFT-POWER OF GLOBAL MAGNITUDE 130
3.1.3 THE GEOSTRATEGIC STANCE OF PEACEFUL ASCENDANCY 132 3.1.4 MODEST
ROLE IN THE GLOBAL ECONOMIC FORA 134 3.2 CHINA AS A SOURCE OF GLOBAL
GROWTH 137 3.3 CHANNELS OF IMPACT OVER THE GLOBAL ECONOMY 140 3.4 WTO
ACCESSION AND ITS CONSEQUENCES 144 3.4.1 EXPANDING INTERNATIONAL
COMPETITIVENESS AND THE GLOBAL IMPACT 145 3.5 OUTWARD FDI AND THE "GOING
GLOBAL" STRATEGY 147 3.6 MODELING CHINA'S GLOBAL INTEGRATION 149 3.7 HOW
TO DANCE WITH CHINA: FORMULATING A FUNCTIONAL STRATEGY 151 3.8 SUMMARY
AND CONCLUSIONS 154 4 THE CHINESE RENAISSANCE AND THE TRANSPACIFIC
MACROECONOMIC IMBALANCES 160 4.1 MACROECONOMIC IMBALANCES IN THE GLOBAL
ECONOMY 160 4.2 PERSISTENCE AND MAGNITUDE OF THE CHINESE CURRENT ACCOUNT
SURPLUS 163 4.3 PERSISTENCE AND MAGNITUDE OF THE US CURRENT ACCOUNT
DEFICIT 165 4.4 CHINA'S BILATERAL TRADE SURPLUS VIS-A-VIS THE US 170
4.4.1 THE BILATERAL TRADE STRUCTURE 173 4.4.2 PRODUCT DRIVERS OF
BILATERAL TRADE 175 4.4.3 BILATERAL TRADE AND CHINA'S INCENTIVE ZONES
176 4.4.4 EXPORTS TO THE US BY THE FIES 176 4.4.5 THE PROBABILITY OF
CONTRACTION OF CHINESE EXPORTS TO THE US 177 4.5 TRANSPACIFIC FINANCIAL
IMBALANCES: STABLE OR UNSTABLE 178 4.6 DIVERSE PERSPECTIVES ON
TRANSPACIFIC MACROECONOMIC IMBALANCES 181 XII CONTENTS 4.7 WINDING DOWN
THE PAYMENTS IMBALANCES BETWEEN CHINA AND THE US 185 4.7.1 MULTILATERAL
CONSULTATIONS ON TRANSPACIFIC IMBALANCES 186 4.7.2 AN ACCORD TO UNWIND
THE TRANSPACIFIC IMBALANCES 188 4.8 SUMMARY AND CONCLUSIONS 190 5 THE
CHINESE RENAISSANCE AND ITS CURRENCY CONUNDRUM 198 5.1 EVOLUTION OF
CHINA'S EXCHANGE RATE REGIME 198 5.2 MISALIGNMENT OF THE RMB YUAN 202
5.2.1 UNDERVALUATION AND BALASSA-SAMUELSON HYPOTHESIS 202 5.2.2
UNDERVALUATION AND THE BEER, THE PEER AND THE FEER ESTIMATES 204 5.3
REVALUATION OF THE RMB YUAN 206 5.3.1 WHY THE REVALUATION EXPECTATIONS
WERE RIFE 206 5.3.2 WHY MARKET EXPECTATIONS WERE BELIED 207 5.3.3
PRESSURE FOR APPRECIATION ON THE RMB YUAN 209 5.3.4 THE OPPORTUNITY COST
OF UNDERVALUATION 212 5.3.5 FINALLY THE MINIATURE REVALUATION 213 5.3.6
LIFE AFTER THE REFORM OF THE EXCHANGE RATE REGIME 215 5.4 AN UNAMBIGUOUS
DICHOTOMY OF PERSPECTIVES 216 5.5 TRADE RESPONSE TO CURRENCY VALUE
MOVEMENT 219 5.5.1 CONSEQUENCES FOR CHINA'S TRADE 219 5.5.2 CONSEQUENCES
FOR THE ASIAN ECONOMIES 221 5.5.3 CONSEQUENCES FOR THE CHINA-US
BILATERAL TRADE 222 5.5.4 GENERALIZED CURRENCY APPRECIATION WITH THE
OTHER ASIAN ECONOMIES 223 5.6 THE SUBPRIME MORTGAGE CRISIS AND THE RMB
YUAN APPRECIATION 224 5.7 SUMMARY AND CONCLUSIONS 225 NOTES 233
BIBLIOGRAPHY 243 INDEX 261 |
any_adam_object | 1 |
any_adam_object_boolean | 1 |
author | Das, Dilip K. 1945- |
author_GND | (DE-588)121958531 |
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author_variant | d k d dk dkd |
building | Verbundindex |
bvnumber | BV035019186 |
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era_facet | Geschichte 1978-2008 |
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geographic | China (DE-588)4009937-4 gnd |
geographic_facet | China |
id | DE-604.BV035019186 |
illustrated | Not Illustrated |
index_date | 2024-07-02T21:45:53Z |
indexdate | 2024-07-09T21:20:21Z |
institution | BVB |
isbn | 9780230218406 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016688330 |
oclc_num | 645322855 |
open_access_boolean | |
owner | DE-12 DE-188 |
owner_facet | DE-12 DE-188 |
physical | XXII, 263 S. |
publishDate | 2008 |
publishDateSearch | 2008 |
publishDateSort | 2008 |
publisher | Palgrave Macmillan |
record_format | marc |
spelling | Das, Dilip K. 1945- Verfasser (DE-588)121958531 aut The Chinese economic renaissance apocalypse or cornucopia? Dilip K. Das 1. publ. Basingstoke [u.a.] Palgrave Macmillan 2008 XXII, 263 S. txt rdacontent n rdamedia nc rdacarrier Geschichte 1978-2008 gnd rswk-swf Wirtschaftsentwicklung (DE-588)4066438-7 gnd rswk-swf Weltwirtschaft (DE-588)4065468-0 gnd rswk-swf China (DE-588)4009937-4 gnd rswk-swf China (DE-588)4009937-4 g Wirtschaftsentwicklung (DE-588)4066438-7 s Geschichte 1978-2008 z DE-604 Weltwirtschaft (DE-588)4065468-0 s http://www.gbv.de/dms/zbw/566644304.pdf lizenzfrei Inhaltsverzeichnis GBV Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016688330&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Das, Dilip K. 1945- The Chinese economic renaissance apocalypse or cornucopia? Wirtschaftsentwicklung (DE-588)4066438-7 gnd Weltwirtschaft (DE-588)4065468-0 gnd |
subject_GND | (DE-588)4066438-7 (DE-588)4065468-0 (DE-588)4009937-4 |
title | The Chinese economic renaissance apocalypse or cornucopia? |
title_auth | The Chinese economic renaissance apocalypse or cornucopia? |
title_exact_search | The Chinese economic renaissance apocalypse or cornucopia? |
title_exact_search_txtP | The Chinese economic renaissance apocalypse or cornucopia? |
title_full | The Chinese economic renaissance apocalypse or cornucopia? Dilip K. Das |
title_fullStr | The Chinese economic renaissance apocalypse or cornucopia? Dilip K. Das |
title_full_unstemmed | The Chinese economic renaissance apocalypse or cornucopia? Dilip K. Das |
title_short | The Chinese economic renaissance |
title_sort | the chinese economic renaissance apocalypse or cornucopia |
title_sub | apocalypse or cornucopia? |
topic | Wirtschaftsentwicklung (DE-588)4066438-7 gnd Weltwirtschaft (DE-588)4065468-0 gnd |
topic_facet | Wirtschaftsentwicklung Weltwirtschaft China |
url | http://www.gbv.de/dms/zbw/566644304.pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016688330&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
work_keys_str_mv | AT dasdilipk thechineseeconomicrenaissanceapocalypseorcornucopia |
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Inhaltsverzeichnis