Download Free Economic Development In Mainland China Book in PDF and EPUB Free Download. You can read online Economic Development In Mainland China and write the review.

In a thoroughly researched and clearly written account of the development experiences of mainland China, Taiwan, and Hong Kong, Alvin Rabushka examines three societies with similar populations but very different political and economic institutions. Rejecting one-dimensional explanations of successful development, Rabushka looks at the way in which
This book explores the role of institutions in economic growth, looking in particular at specific Asian countries and at particular cities within those countries. It considers a wide range of factors besides institutions, including the law, cultural factors and overall government arrangements. The differences between the countries studied are highlighted, and the impact of these differences assessed: the impact of English common law on arrangements in Hong Kong, Singapore and Malaysia; sharia law in Malaysia; the differing lengths of time of colonial rule; the extent to which Chinese family businesses control an economy. Also studied are the degree to which the law is effectively applied, and a range of other social, economic and cultural factors. The book’s conclusions as to which factors have the greatest impact will be of considerable interest to economists of Asia and those interested in economic growth more widely.
Chinese agriculture differs from the Western agriculture in the development and utilization of agricultural science on the fields. China has always been an agricultural country, but she failed to improve in techniques of cultivation as the time passed by. The land, prior to the Communist take-over, was owned and cultivated by individuals and the produce was sold in a free-market. Unfortunately, the Chinese government, prior to 1949, failed to bring about adequate agricultural reforms and implement economic development measures. As a result an overwhelming proportion of the population of China is occupied on the land, the supply of which is fixed, and the capital resources employed are small, the per capita output and income of China are low. With the vast majority of the population in agriculture and low per capita output, the national income of the country is also low. Thus, China is classified as an underdeveloped nation. Arising from the same problem of overpopulation, the family land was subdivided and fragmented into economically inefficient units before the Communist take-over.
The fusion of know-how and capital from Hong Kong and Taiwan with the substantial labour resources on China has led to the emergence of a dynamic economy of 'Greater China' rivalling the USA, the European Union and Japan. What is the nature and trend of trade and investment within Greater China? What are the impacts on the world economy? With China's entry into the WTO, what are the problems and prospects of Greater China? These are some of the issues raised within Yun-Wing Sung's book.
Although China's economy has grown very rapidly in recent decades, there are still very large differences between the economy of mainland China and the economies of Hong Kong, Macau and Taiwan. For example, per capita income in Hong Kong is many, many times higher than per capita income in mainland China. This book considers the degree to which economic convergence between mainland China, Hong Kong, Macau and Taiwan has occurred, and the prospects for increased convergence in the future. It considers economic integration between China and its two Special Administrative Regions (SARS), emphasising the large volume of capital flows and exports, especially from Hong Kong into China, and showing that the economies are highly integrated, despites their differences. It examines income convergence, and changes in productivity, using the same measures for both China and the two SARS, unlike most existing studies. It explores how economic reforms have been crucial to increasing convergence so far, and will continue to be in the future, and concludes by discussing the implications for policy of encouraging increased convergence.
Over the past several years, Mainland China has undertaken reforms in various domestic areas, including culture and society, education, the economy, and the Communist Party. In addition, since September 1982 Peking has begun to pursue an independent course in foreign relations. In this volume, based on the Thirteenth Sino-American Conference in Tai