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China in the Global Economy (Hardcover)
Loot Price: R3,904
Discovery Miles 39 040
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China in the Global Economy (Hardcover)
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China has experienced dramatic growth and development in the past
two decades of economic reform. Yet, since the Asian crisis, the
growth rate has declined from its historically high levels and
deep-rooted problems such as unemployment, income inequality,
surplus rural labour and non-performing debt in state enterprises
have resurfaced - all with the potential to undermine the
sustainability of growth. China in the Global Economy focuses on
the theme of twin transitions occurring in the Chinese economy: the
transition from a centrally planned economic system to a market
oriented one, and from an agrarian to a modern industrialised
society. China's exporters face unprecedented competition in the
world market and the flow of foreign direct investment has fallen
restraining the growth of the domestic economy. These new
challenges have fuelled debate on the perspective of the Chinese
economy and its role in the global economy. The book covers
developments in the macroeconomy, productivity and reform of
state-owned enterprises, issues of international trade such as the
management of the exchange rate, the pattern of exports and the
development of e-commerce and problems in the agricultural sector
and the environment. This important and highly topical book will be
warmly welcomed by economists as well as academics and researchers
involved with both Asian and globalisation studies.
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