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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 OC socialist market economyOCO, 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 1999OCo2001. 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."
The World Bank Group works in more than 100 developing economies and is one of the world's largest sources of development assistance. In 2002, the institution provided US $19.5 billion in loans to its client countries. This guide reviews the organisation's history, objectives and operations, and looks at the five institutions that make up the World Bank Group: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID).
China’s future development is likely to have a huge impact on twenty-first century global outcomes. It is therefore surprising that, thus far, so little attention has been given to comparing and evaluating expert forecasts of China’s future in the post-Mao era. This book presents an illuminating and comprehensive summary record of contrasting and competing expert forecasts and judgements about the major issues confronting China within four principal domains – political, economic, environmental, and international. After considering the principal forecasting methods available to experts, the author comments critically on the degree of success achieved in using those methods and emphasises the confusion created by the polarisation of opinion and by the failure of many experts to accept the high degree of uncertainty that characterises most of the key issues. The book recommends a new approach based on the study of a hierarchy of critical uncertainties and on continuing analysis of opposing expert opinions about these uncertainties. It emphasises the potential for both positive and negative outcomes for these critical uncertainties, and the importance of maximising the potential for positive outcomes through improved analytical and policy frameworks. Providing insights for specialists and non-specialists into the most critical issues that will determine China’s future direction, this book will be of particular interest to students and scholars of political, economic, environmental, and international relations issues in China and Asia, as well as to readers in business and government.
Despite China's obvious and growing importance on the world stage, it is often and easily misunderstood. Indeed, there are many Chinas, as this comprehensive survey of contemporary China vividly illustrates. Now in a thoroughly revised and updated editionthat offers the only sustained geography of the reform era, this book traces the changes occurring in this powerful and ancient nation across both time and space. Beginning with China's diverse landscapes and environments and continuing through its formative history and tumultuous recent past, the authors present contemporary China as a product of both internal and external forces of past and present. They trace current and future successes and challenges while placing China in its international contextas a massive, still-developing nation that must meet the needs of its 1.3 billion citizens while becoming a major regional and global player. Through clear prose and new, dynamic maps and photos, China's Geography illustrates and explains the greatdifferences in economy and culture found throughout China's many regions.
This book is the product of a joint research program between the Institute of West Asia & African Studies of the Chinese Academy of Social Sciences, Beijing and the Energy Program Asia of the International Institute for Asian Studies, Leiden University. China’s transition to an urban-industrial society relies on its abundant domestic coal supplies, and on an increase in oil and gas imports. However, authorities are confronted with trade-offs between investments in expanding supplies of fossils, environmental sustainability, energy efficiency and in clean energy. Resources spent on expanding imported energy have to weighted against clean energy investments and improving efficiency of the fossil-fuel sector. The same is no less true for the European Union and its member states. Import dependency on piped gas is again growing. Security of supply of natural gas depends on political cooperation with energy-rich countries. At the same the EU has to meet its clean energy commitments by compromises between member states and ‘Brussels’. Chinese National Oil Companies bridge the worlds of government in China and the extractive sector in hydrocarbon exporting-countries. At the global level, Chinese (Trans-)National Oil Companies maintain competitive and cooperative relations with privately owned International Oil companies. This book focuses, among others, on these networks with the objective to contribute to the study of the geopolitical economy of the energy sectors in the global system. Contributors are: M.P. Amineh, Eric K. Chu, Wina H.J. Crijns-Graus, Robert Cutler, Li Xiaohua, Liu Dong, Chen Mo, Nana de Graaff, Joyeeta Gupta, Sara Hardus, Barbara Hogenboom, Sun Hongbo and Yang Guang.
China Mineral, Mining Sector Investment and Business Guide - Strategic Information and Regulations
Drawing on the OECD's statistical database, the experience of OECD countries and the work of the OECD's China programme, this book provides a guide to all aspects of China's economy and the domestic policy challenges ahead as China adapts to WTO membership.
What does it mean for the future of the planet when one of the world’s most durable authoritarian governance systems pursues “ecological civilization”? Despite its staggering pollution and colossal appetite for resources, China exemplifies a model of state-led environmentalism which concentrates decisive political, economic, and epistemic power under centralized leadership. On the face of it, China seems to embody hope for a radical new approach to environmental governance. In this thought-provoking book, Yifei Li and Judith Shapiro probe the concrete mechanisms of China’s coercive environmentalism to show how ‘going green’ helps the state to further other agendas such as citizen surveillance and geopolitical influence. Through top-down initiatives, regulations, and campaigns to mitigate pollution and environmental degradation, the Chinese authorities also promote control over the behavior of individuals and enterprises, pacification of borderlands, and expansion of Chinese power and influence along the Belt and Road and even into the global commons. Given the limited time that remains to mitigate climate change and protect millions of species from extinction, we need to consider whether a green authoritarianism can show us the way. This book explores both its promises and risks.
The need to understand this global giant has never been more pressing: China is constantly in the news, yet conflicting impressions abound. Within one generation, China has transformed from an impoverished, repressive state into an economic and political powerhouse. In the fully revised and updated second edition of China in the 21st Century: What Everyone Needs to Know, China expert Jeffrey Wasserstrom provides cogent answers to the most urgent questions regarding the newest superpower, and offers a framework for understanding its meteoric rise. Focusing his answers through the historical legacies--Western and Japanese imperialism, the Mao era, and the massacre near Tiananmen Square--that largely define China's present-day trajectory, Wasserstrom introduces readers to the Chinese Communist Party, the building boom in Shanghai, and the environmental fall-out of rapid Chinese industrialization. He also explains unique aspects of Chinese culture such as the one-child policy, and provides insight into how Chinese view Americans. Wasserstrom reveals that China today shares many traits with other industrialized nations during their periods of development, in particular the United States during its rapid industrialization in the 19th century. He provides guidance on the ways we can expect China to act in the future vis-à-vis the United States, Russia, India, and its East Asian neighbors. The second edition has also been updated to take into account changes China has seen in just the past two years, from the global economic shifts to the recent removal of Chongqing Party Secretary Bo Xilai from power. Concise and insightful, China in the 21st Century provides an excellent introduction to this significant global power.