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| the oxford companion to the economics of china: The Oxford Companion to the Economics of China Shenggen Fan, Ravi Kanbur, Shang-Jin Wei, Xiaobo Zhang, 2014-10-30 China's rise as an economic powerhouse raises a number of questions that are the subject of lively debate. How did the country do it? How applicable are the lessons of China's economic reform of the past thirty years to the challenges it faces in the next three decades? What does the detailed pattern of China's success and challenges look like at the sub-sectoral and sub-national levels, and what does this mean for future policy? How will China's role as a global economic player evolve? The Oxford Companion to the Economics of China presents an original collection of perspectives on the Chinese economy's past, present, and future: 99 entries written by the leading China analysts of our time. The topics covered include: the China model, future prospects for China , China and the global economy, trade and the Chinese economy, macroeconomics and finance, urbanisation, industry and markets, agriculture and rural development, land, infrastructure, and environment, population and labour, dimensions of wellbeing and inequality, health and education, gender equity, regional divergence in China, and a selection of perspectives on some of China's provinces. The Editors are four global leaders in Chinese economic analysis and policy who between them have held or hold the following positions: Director General, International Food Policy Research Institute; Co-Editor, China Economic Review; President Chinese Economists Society; Assistant Director of Research at the IMF; Principal Adviser to the Chief Economist of the World Bank; and Professors of Economics at Ivy League Universities. |
| the oxford companion to the economics of china: The Oxford Companion to the Economics of China UPSO eCollections (University Press Scholarship Online), 2014 This work provides a wide range of perspectives on the past, present, and future of the Chinese economy. The topics covered include: the China model, future prospects for China; China and the global economy; trade and the Chinese economy; macro-economics and finance; urbanization; industry and markets; agriculture and rural development; land, infrastructure and environment; population and Labour; dimensions of well-being and inequality; health, education, and gender equity; regional divergence in China; and a brief look at a selection of China's provinces. |
| the oxford companion to the economics of china: China Goes Global David Shambaugh, 2013-03-07 Eminent China scholar David Shambaugh's China Goes Global is the sweeping synthesis of that nation's growing prominence on the world stage that we have been waiting for. Thirty years ago, China's role in global affairs beyond its immediate East Asian periphery was decidedly minor. Its military was extremely weak, and it had little geostrategic power. As Shambaugh charts, though, China's expanding economic power has allowed it extend its reach and influence virtually everywhere. After establishing the main precondition—the astounding growth of the Chinese economy—Shambaugh turns his focus to the manifestations of China's global ambitions: its growing military power, characterized best by its current pursuit of a blue-water navy; its increasing cultural influence (i.e., soft power); and its new prominence in global governance institutions like the G-20. He is no alarmist, however. Rather, he will draw on his extremely deep knowledge of the subject to offer a balanced and well reasoned account of where China is now and where he thinks it is headed. |
| the oxford companion to the economics of china: The Evolution of China’s Political Economy Rich Marino, 2023-05-01 For years, China’s rapid economic transformation was hailed as a successful project that lifted hundreds of millions of people out of poverty. However, in recent times, the Chinese narrative has taken a more negative turn in the eyes of the West. Much of this has to do with the US perception about the role of the Chinese state in its economy and its military build-up, especially in the South China Sea. There’s no question, China’s complex economy can be difficult to understand. Information is often unclear and incomplete, and its data are not always reliable. However, this book presents the reader with a clear picture of China’s economy and how it compares to other advanced economies, mainly the United States. The book unwraps the key features and structures of China’s economy. Moreover, it examines and shows the similarities and differences in comparison with other like economies. In that effort, it underscores the differences by evaluating their benefits as well as their disadvantages, against the backdrop of China’s incomplete transition to a market economy. This along with its governance structure becomes the crucial components shaping the way key stakeholders will act and react to opportunities and incentives as that economy evolves. The book supplements the definition of globalization for the academic, the student, the professional and anyone else interested in its positive and negative effects. It is also a good fit for anyone who wants to understand China’s three elements of political economy: global trade, political power and its image on the global stage. |
| the oxford companion to the economics of china: The Oxford Handbook of China Innovation Xiaolan Fu, Bruce McKern, Jin Chen, 2021-11-16 Rising from a position of relative poverty in 1980, China is now the world's second-largest economy and a leader in many fields of innovation. Understanding China's new status as a technologically advanced world power and the means by which it has reached that position will be critical to policy-makers and business leaders in the years ahead. The Oxford Handbook of China Innovation provides a contemporary and authoritative view of the role of innovation in China's extraordinary emergence. The Handbook brings together over sixty experts from universities and research institutions worldwide to describe and analyze this phenomenon with criticism, policy discussion, and views about further development. The volume focuses on the microeconomic factors in China's growth and the way in which the steady drive for innovation has been a critical force. Chapters cover a wide scope of topics including China's development policies, the place of innovation in national priorities, the components of the national innovation system, and the resources required for their effective deployment. The issue of foreign influence is also addressed, including the evolution of policy towards inward foreign direct investment and knowledge transfer and China's goals for outward foreign direct investment. As China emerges as a contender for global leadership, the Handbook provides a data-driven, accessible, and comprehensive foundation to understand and predict the challenges ahead. |
| the oxford companion to the economics of china: A Modern Guide to the Economics of Happiness Luigino Bruni, Alessandra Smerilli, Dalila De Rosa, 2021-01-29 Exploring the modern approach to the economics of happiness, which came about with the Easterlin Paradox, this book analyses and assesses the idea that as a country gets richer the happiness of its citizens remains the same. The book moves through three distinct pillars of study in the field: first analysing the historical and philosophical foundations of the debate; then the methodological and measurements issues and their political implications; and finally empirical applications and discussion about what determines a happy life. |
| the oxford companion to the economics of china: Investing in Human Capital for Economic Development in China Gordon G. Liu, Shufang Zhang, Zongyi Zhang, 2010 This book is a reflection of the current research that explores the mechanism, dynamics and evidence of the impact of human capital on economic development and social well-being in modern China. Composed of keynote speeches and selected papers from The 2005 International Conference of the Chinese Economists Society (www.china-ces.org), it tracks the latest understanding and empirical evidence of the relationships amongst health, education and economic development in China. The book presents a broad spectrum of study topics covering human capital and economic growth; demand, attainment and disparity in both education and health; and investing in human capital and the economic and social returns in China. Distinguished contributors include Robert Fogel, Michael Grossman, Daniel Hamermesh, Gregory Chow and Dean Jamison. |
| the oxford companion to the economics of china: The Handbook of China's Financial System Marlene Amstad, Guofeng Sun, Wei Xiong, Darrell Duffie, 2020-11-17 The Chinese economy is now easily one of the most important and closely scrutinized economies in the world. Relatively minuscule changes in predictions of how the Chinese economy will perform can drive up or down stocks and the price of oil and other commodities. At the heart of how the Chinese economy works is its financial system-but the Chinese financial system is vastly different than most people in the West can understand. How do house prices work, for example, in a country where the very concept of property ownership is significantly different than our own? This edited volume will serve as a standard reference guide to China's financial system. With eighteen chapters, the handbook features overviews on the banking sector-the core of China's financial system and the key channel for implementing China's monetary policy-China's ongoing reforms, and the quickly growing bond and money markets, among other topics. Each chapter is written by a leading expert in the field, and as a whole the list of contributors represents an impressive mix of leading scholars and high-level policy officials, some with first-hand knowledge of setting and carrying out Chinese financial policy. The handbook will serve as the first real authoritative volume of literature in the field, and will shed extensive new light on the links between China's financial system and the real economy-- |
| the oxford companion to the economics of china: Global Innovation Hotspots Innovation ecosystems and catching-up in developing countries: Evidence from Shenzhen World Intellectual Property Organization, Yin, Deyun, Raffo, Julio, Tang, Jie, 2022-09-02 During the past 40 years, Shenzhen has risen from a fishing village into a globally leading innovation hotspot. What drives such remarkable growth? Is there a “Shenzhen model” for technological catch-up that is different from the classical “Silicon Valley model”? What kind of policy lessons can Shenzhen offer to developing countries and lag-behind regions? Based on international patent and scientific publication data, this report classifies Shenzhen’s technological trajectory and catch-up process into three stages: 1) accessing advanced technology by participating in the Global Production Networks (GPNs) and Global Value Chains (GVCs), 2) accumulating technological knowledge and enhancing absorptive capability through imitation and 3) achieving indigenous innovation. We interpret this remarkable catch-up process from the perspective of 1) technological specialization, 2) the local innovation ecosystem and 3) its embeddedness into the Global Innovation Networks (GINs). The last part summarizes Shenzhen’s policy lessons in fostering innovation-based economic growth in developing countries and areas. |
| the oxford companion to the economics of china: Employment Protection Legislation in Emerging Economies Amine, Samir, 2018-02-23 New developments in legislation have increased the availability of employment. These advances result in long-term improvement of economic and sustainable development. Employment Protection Legislation in Emerging Economies is a critical scholarly resource that examines legislation relating to employment protection in developing economies and its impacts on unemployment, job creation, productivity, and the efficiency of the labor market. Featuring coverage on a broad range of topics, such as labor reform, job creation, and the social protection agenda, this book is geared towards academicians, practitioners, and researchers seeking current research on legislation relating to employment protection. |
| the oxford companion to the economics of china: The Industrial Policy Revolution I Justin Lin Yifu, 2013-12-16 This volume is the result of the 2012 International Economic Association's series of roundtables on the theme of Industrial Policy. The first, 'New Thinking on Industrial Policy,' was hosted by the World Bank in Washington, D.C, and the second, 'New Thinking on Industrial Policy: Implications for Africa,' was held in Pretoria, South Africa. |
| the oxford companion to the economics of china: A Sense of Inequality Wendy Bottero, 2019-11-12 This book considers what provokes everyday ‘views’ or framings of inequality. |
| the oxford companion to the economics of china: Economic Policy of the People's Republic of China Barbara Darimont, 2023-01-01 This book deals with the current economic policy of the People's Republic of China. In addition to a brief overview of economic history since its founding and discussions of economic models, an overview of both the forms of business and the Chinese labor market is provided. The book pays particular attention to the development of China's e-commerce sector. Equally significant are China's environmental issues against the backdrop of the climate crisis. Without innovations, for example in energy production and waste management, the Chinese economy will hardly be able to continue growing. Therefore, one focus of the book is on economic policy in the environmental sector. Finally, foreign policy, including the Silk Road Initiative, is examined. The aim of this book is to highlight the above developments. It is aimed at laypersons involved in the business of China as well as first-year students who want an overview of economic policy institutions and current developments. |
| the oxford companion to the economics of china: China’s 40 Years of Reform and Development: 1978–2018 Ross Garnaut, Ligang Song, Cai Fang, 2018-07-19 The year 2018 marks 40 years of reform and development in China (1978–2018). This commemorative book assembles some of the world’s most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that have been learned by the model of growth and development in China over the preceding four decades. This book explores what has happened in the transformation of the Chinese economy in the past 40 years for China itself, as well as for the rest of the world, and discusses the implications of what will happen next in the context of China’s new reform agenda. Focusing on the long-term development strategy amid various old and new challenges that face the economy, this book sets the scene for what the world can expect in China’s fifth decade of reform and development. A key feature of this book is its comprehensive coverage of the key issues involved in China’s economic reform and development. Included are discussions of China’s 40 years of reform and development in a global perspective; the political economy of economic transformation; the progress of marketisation and changes in market-compatible institutions; the reform program for state-owned enterprises; the financial sector and fiscal system reform, and its foreign exchange system reform; the progress and challenges in economic rebalancing; and the continuing process of China’s global integration. This book further documents and analyses the development experiences including China’s large scale of migration and urbanisation, the demographic structural changes, the private sector development, income distribution, land reform and regional development, agricultural development, and energy and climate change policies. |
| the oxford companion to the economics of china: Research Handbook on Soft Law Mariolina Eliantonio, Emilia Korkea-aho, Ulrika Mörth, 2023-11-03 This pioneering Research Handbook provides an in-depth scholarly overview of the field of soft law, exploring the scope of current thinking in the field as well as proposing future pathways for soft law research. Through theoretical and empirical analyses by established voices in the field, the Research Handbook offers important insights and much-needed clarity into the dynamic and complex nature of soft law. This title contains one or more Open Access chapters. |
| the oxford companion to the economics of china: Gender, Migration, and the Work of Care Sonya Michel, Ito Peng, 2017-08-21 This book explores how around the world, women’s increased presence in the labor force has reorganized the division of labor in households, affecting different regions depending on their cultures, economies, and politics; as well as the nature and size of their welfare states and the gendering of employment opportunities. As one result, the authors find, women are increasingly migrating from the global south to become care workers in the global north. This volume focuses on changing patterns of family and gender relations, migration, and care work in the countries surrounding the Pacific Rim—a global epicenter of transnational care migration. Using a multi-scalar approach that addresses micro, meso, and macro levels, chapters examine three domains: care provisioning, the supply of and demand for care work, and the shaping and framing of care. The analysis reveals that multiple forms of global inequalities are now playing out in the most intimate of spaces. |
| the oxford companion to the economics of china: Economic Policy Making In China (1949–2016) Pieter Bottelier, 2018-04-09 This book explores the key ideas and the key people who were responsible for the development of China’s economy from 1949 through 2016. It discusses how economic policy evolved, how economic policy was formulated and how the role of economists in decision making evolved. It considers the interplay between ideological and practical questions, provides biographical details of key economists and includes a clear annotated chronology of events. The book is especially valuable because the author, as a senior World Bank official, was a close observer of the situation and to some extent a key participant. |
| the oxford companion to the economics of china: The Diffusion of Western Economic Ideas in East Asia Malcolm Warner, 2016-12-19 This book examines the diffusion of economic ideas in East Asia, assessing the impact of external ideas on internal theory and practice. It considers economists from Adam Smith onwards, including Marx, Keynes, Hayek and contemporary economists, and covers the subject both historically and also includes present day and likely future developments. The book covers all the major countries of East Asia, and pays particular attention to specific economists who have had a strong impact in specific countries, and to important developments in economic theory in East Asia, exploring how far these have been driven by Western economic ideas. This book will be welcomed by students and scholars of East Asia and South-east Asia, as well as those interested in economics, economic history and management. |
| the oxford companion to the economics of china: China's New Sources of Economic Growth: Vol. 2 Ligang Song, Ross Garnaut, Cai Fang, Lauren Johnston, 2017-07-20 China’s efforts in searching for new sources of growth are increasingly pressing given the persistence of the growth slowdown in recent years. This year’s book elucidates key present macroeconomic challenges facing China’s economy in 2017, and the impacts and readiness of human capital, innovation and technological change in affecting the development of China’s economy. The book explores the development of human capital as the foundations of China’s push into more advanced growth frontiers. It also explores the progress of productivity improvement in becoming the primary mechanism by which China can sustain economic growth, and explains the importance of China’s human capital investments to success on this front. The book demonstrates that technical change is a major contributor to productivity growth; and that invention and innovation are increasingly driving technical change but so far lumpily across regions, sectors and invention motivations. Included are chapters providing an update on reform and macroeconomic development, educational inequality, the role of intangibles in determining China’s economic growth, and China’s progress in transitioning towards being an innovative country. The book also covers the regional dimension of innovation and technological progress by sector: in agricultural productivity, renewable energy and financial markets. Chapters on trade, investment, regional cooperation and foreign aid explore further the mechanisms through which technological change and innovative activities are emerging locally and internationally. |
| the oxford companion to the economics of china: Chinese Economy, The (2nd Edition) Gregory C Chow, 1987-09-01 The main purpose of this book is to apply the basic tools of economic analysis to the economy of the Peoples' Republic of China. It is written for students of economics who would like to understand China, for students of China who would like to understand economics, and for professional economists and lay readers who would like to understand the Chinese economy.The study of the Chinese economy is interesting to economists for several reasons. First, China has a different cultural background and a different set of social and political institutions from the Western countries, in which most of the tools of economic analysis have been developed. It is therefore interesting to see how these tools can be applied to China and how they ought to be further developed or modified in the Chinese context. Second, many drastic changes in economic policy and economic institutions have taken place since the founding of the People's Republic of China. Such important experiments in economics provide rare opportunities to study their results. Third, since the later 1970s much more information on the Chinese economy has become available. It is time for us to digest, to scrutinize, and possibly to help improve the economic data on China. |
| the oxford companion to the economics of china: NBER Macroeconomics Annual 2015 Martin Eichenbaum, Jonathan A. Parker, 2016-06-22 This year, the NBER Macroeconomics Annual celebrates its thirtieth volume. The first two papers examine China’s macroeconomic development. “Trends and Cycles in China's Macroeconomy” by Chun Chang, Kaiji Chen, Daniel F. Waggoner, and Tao Zha outlines the key characteristics of growth and business cycles in China. “Demystifying the Chinese Housing Boom” by Hanming Fang, Quanlin Gu, Wei Xiong, and Li-An Zhou constructs a new house price index, showing that Chinese house prices have grown by ten percent per year over the past decade. The third paper, “External and Public Debt Crises” by Cristina Arellano, Andrew Atkeson, and Mark Wright, asks why there appear to be large differences across countries and subnational jurisdictions in the effect of rising public debts on economic outcomes. The fourth, “Networks and the Macroeconomy: An Empirical Exploration” by Daron Acemoglu, Ufuk Akcigit, and William Kerr, explains how the network structure of the US economy propagates the effect of gross output productivity shocks across upstream and downstream sectors. The fifth and sixth papers investigate the usefulness of surveys of household’s beliefs for understanding economic phenomena. “Expectations and Investment,” by Nicola Gennaioli, Yueran Ma, and Andrei Shleifer, demonstrates that a chief financial officer's expectations of a firm's future earnings growth is related to both the planned and actual future investment of that firm. “Declining Desire to Work and Downward Trends in Unemployment and Participation” by Regis Barnichon and Andrew Figura shows that an increasing number of prime-age Americans who are not in the labor force report no desire to work and that this decline accelerated during the second half of the 1990s. |
| the oxford companion to the economics of china: The Geoeconomics and Geopolitics of Chinese Development and Investment in Asia Emily T. Yeh, 2018-12-07 The recent launching of China’s high profile Belt and Road Initiative and its founding of the Asian Infrastructure Investment Bank have underscored China’s rapidly growing importance as a global player in development, diplomacy, and economic governance. To date, scholarship on China abroad has focused primarily on Africa and Latin America. In comparison, China’s investment and development assistance among its neighbors in Asia have been understudied, despite the fact that China’s aid and overseas investment remain concentrated in Asia, the countries of which have had complex and often fraught cultural and political relationships with China for more than a millennia. Through case studies from Southeast Asia, South Asia, and Central Asia, this volume provides a targeted examination of the intertwined geoeconomics and geopolitics of China’s investment and development in Asia. It provides in-depth and grounded analyses of nationalisms and state-making projects, as well as the material effects of China’s going out strategy on livelihoods, economies, and politics. The volume contributes to understandings of what characterizes Chinese development, and pays attention to questions of elite agency, capitalist dynamics, state sovereignty, the politics of identity, and the reconfiguration of the Chinese state. The chapters in this article originally appeared in a special issue of Eurasian Geography and Economics. |
| the oxford companion to the economics of china: How China Escaped Shock Therapy Isabella M. Weber, 2021-05-26 China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without. |
| the oxford companion to the economics of china: The Oxford Companion to the Economics of South Africa Haroon Bhorat, Alan Hirsch, S. M. Ravi Kanbur, Mthuli Ncube, 2014 52 entries by leading economists from within and working on South Africa bringing together perspectives on a range of issues: micro, macro, sectoral, country wide and global. |
| the oxford companion to the economics of china: China and the WTO Henry Gao, Damian Raess, Ka Zeng, 2023-09-28 Examining the twenty years since China acceded to the World Trade Organization, this collection provides an original, systematic assessment of the opportunities and challenges that China has presented to the WTO. Offering in-depth analyses of the 'two-way' relationship between China and the WTO, the contributions explore a range of key issues from the varied effects of WTO membership for China and the global economy to the responses of the WTO members to China's rapid economic growth. It presents diverse perspectives of leading scholars from multiple disciplines, including law, economics, political science, and international relations, as well as practical insights from senior policymakers from both China and the United States. This is an invaluable contribution to ongoing debates about the implications of the rise of China for global economic governance and enriches discussions of the wide-ranging implications of China's growing integration into the multilateral trading system, both now and in the future. This title is also available as Open Access on Cambridge Core. |
| the oxford companion to the economics of china: The SAGE Handbook of Contemporary China Weiping Wu, Mark Frazier, 2018-07-09 The study of contemporary China constitutes a fascinating yet challenging area of scholarly inquiry. Recent decades have brought dramatic changes to China′s economy, society and governance. Analyzing such changes in the context of multiple disciplinary perspectives offers opportunites as well as challenges for scholars in the field known as contemporary China Studies. The SAGE Handbook of Contemporary China is a two-volume exploration of the transformations of contemporary China, firmly grounded in the both disciplinary and China-specific contexts. Drawing on a range of scholarly approaches found in the social sciences and history, an international team of contributors engage with the question of what a rapidly changing China means for the broader field of contemporary China studies, and identify areas of promising future research. Part 1: Context: History, Economy, and the Environment Part 2: Economic Transformations Part 3: Politics and Government Part 4: China on the Global Stage Part 5: China′s Foreign Policy Part 6: National and Nested Identities Part 7: Urbanization and Spatial Development Part 8: Poverty and Inequality Part 9: Social Change Part 10: Future Directions for Contemporary China Studies |
| the oxford companion to the economics of china: Towards A Common Future Arindam Banik, Munim Kumar Barai, Yasushi Suzuki, 2017-09-08 This book focuses on the tremendous shift in both economic growth and development progress taking place towards the Asia-Pacific Region. Each of the countries in the region has various concerns and challenges for its sustainable development, a common goal most of them are trying to achieve at the moment. Interestingly, sustainable development in the region may be critical for achieving sustainable development at the global level as well. With a limited mandate, the book covers some specific developmental issues of ‘the hot spots’ of APR that are regarded to be contributing to their sustainable development. The book also looks at the formation and strengthening of some economic and financial initiatives with the potentials to affect growth and influence economic cooperation and integration of the countries in the region. |
| the oxford companion to the economics of china: YSEC Yearbook of Socio-Economic Constitutions 2020 Steffen Hindelang, Andreas Moberg, 2021-03-29 This book presents the very first, interdisciplinarily grounded, comprehensive appraisal of a future “Common European Law on Investment Screening”. Thereby, it provides a foundation for a European administrative law framework for investment screening by setting out viable solutions and evaluating their pros and cons. Daimler, the harbour terminal in Zeebrugge, or Saxo Bank are only three recent examples of controversially discussed company takeovers in Europe. The “elephant in the room” is China and its “Belt and Road Initiative”. The political will in Europe is growing to more actively control investments flowing into the EU. The current regulatory initiatives raise several fundamental, constitutional and regulatory issues. Surprisingly, they have not been addressed in any depth so far. The book takes stock of the current rather fragmented regulatory approaches and combines contributions from leading international academics, practitioners, and policy makers in their respective fields. Due to the volume’s comprehensive approach, it is expected to influence the broader debate on the EU’s upcoming regulation of this matter. The book is addressed to participants from academia as well as to representatives from government, business, and civil society. |
| the oxford companion to the economics of china: China's Banking Transformation James Stent, 2016-11-01 In this timely and provocative book, James Stent, a banker with decades of experience in Asian banking and fluency in Chinese language, explains how Chinese banks work, analyzes their strengths and weaknesses, and sets forth the challenges they face in a slowing economy. Without minimizing the real issues Chinese banks face, China's Banking Transformation challenges negative media accounts and reports of China bears. Based on his 13 years of service on the boards of China Minsheng Bank, a privately owned listed bank, and China Everbright Bank, a state-controlled listed bank, the author brings the informed view of an insider to the reality of Chinese banking. China's Banking Transformation demonstrates that Chinese banks have transformed into modern, well-run commercial banks, playing a vital role supporting China's extraordinary economic growth. Acknowledging that China's banks are different from Western banks, the author explains that they are hybrid banks, borrowing extensively from Western models, but at the same time operating within a traditional Chinese cultural framework and in line with China's governance model. From his personal experience working at board level, Stent describes the governance and management of China's banks, including the role of the Communist Party. He sees China's banks as embedded in ancient concepts of how government and society work in China, and also as actors within a market socialist political economy. The Chinese banking system today bears similarities with banking in Northeast Asian developmental states of recent past, and also pre-1949 Chinese banking. As the first account of Chinese banking by a Westerner who has worked in China's banks, China's Banking Transformation should be read by anyone interested in the political economy of contemporary China, in Asian development issues, and in banking issues generally. The book dispels misconceptions and provides insight into the financial aspects of China's economic growth story. |
| the oxford companion to the economics of china: Economic Development Michael P. Todaro, Stephen C. Smith, 2020-03-09 Economic Development, the leading textbook in this field, provides your students with a complete and balanced introduction to the requisite theory, driving policy issues, and latest research. Todaro and Smith take a policy-oriented approach, presenting economic theory in the context of critical policy debates and country-specific case studies, to show how theory relates to the problems and prospects of developing countries. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you'll gain instant access to this eBook. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed. |
| the oxford companion to the economics of china: How China is Reshaping the Global Economy Rhys Owen Jenkins, 2019 China's growing economic involvement in Sub-Saharan Africa and Latin America has been a source of major controversy. This book sheds light on these controversies through a comparative study of China's impact on the two regions. |
| the oxford companion to the economics of china: How China Is Reshaping the Global Economy Rhys Jenkins, 2022 This new edition of How China is Reshaping the Global Economy sheds light on the recent controversies around China through a comparative study of China's impact on the two regions. |
| the oxford companion to the economics of china: End of Hyper Growth in China? Jun Zhang, 2016-07-12 In this book, Dr. Jun Zhang rebuts the widely-held view that Chinese economic growth is unsustainable due to low consumption and a reliance on exports and enormous fixed-asset investments. Though many believe this “structural imbalance” of the Chinese economy will become a serious problem in the long run, Zhang holds a bullish long-term outlook owing to China's long-term economic development. For Zhang, China’s structural problems are greatly exaggerated and certain structures, such as regional governing entities, ensure that China will not face the same economic issues that Japan encountered. Through regional competition, regional governments will persevere; Zhang predicts that China will overtake the US as a superpower. Zhang concludes by acknowledging the real dangers facing China’s economy, and offering advice on the reforms needed to ensure continued growth. |
| the oxford companion to the economics of china: Modernizing China W. Raphael Lam, Mr.Markus Rodlauer, Mr.Alfred Schipke, 2017-01-14 China is at a critical juncture in its economic transformation as it tries to rebalance what is generally seen as an exhausted growth model. A unifying theme across the reforms that will deliver this transformation is that it can no longer be achieved by raising the amount of physical investment and government direction of resource allocation. Instead China is building a new set of policy frameworks that will allow markets to function more effectively—not unfettered markets, but markets that work efficiently, in line with broad social and other policy goals, and in a sustainable way. Hence, China is now building a new soft infrastructure, that is, the institutional plumbing that underpins and guides the functioning of markets as the key organizing principle toward achieving sustained economic and social progress. Against this background, this volume provides policymakers, academics, and the public with valuable information about policies and institutions in China today. It also looks at the road ahead and key principles that can help China in navigating it. The book focuses on issues crucial in the country’s transformation, such as tax policy and administration, social security, state-owned enterprise reform, medium-term expenditure frameworks, the role of local government finances, capital account liberalization, and renminbi internationalization. As China moves toward a more price-based allocation of resources, strengthening monetary policy frameworks and financial sector regulation will be particularly important in channeling resources to the most productive sectors and minimizing the risks of financial sector stress. Also, upgrading statistical frameworks will be critical for macroeconomic policymaking and investors. |
| the oxford companion to the economics of china: The Oxford Companion to Scottish History Michael Lynch, 2007 Searchable online reference covers more than 20 centuries of history, and interpret history broadly, covering areas such as archaeology, climate, culture, languages, immigration, migration, and emigration. Multi-authored entries analyze key themes such as national identity, women and society, living standards, and religious belief across the centuries in an authoritative yet approachable way. The A-Z entries are complemented by maps, genealogies, a glossary, a chronology, and an extensive guide to further reading.--From title screen. |
| the oxford companion to the economics of china: The Economics of China Shenggen Fan, Ravi Kanbur, Shang-Jin Wei, Xiaobo Zhang, 2013 This paper is the first chapter in the Oxford Companion to the Economics of China (Oxford University Press, forthcoming). Rather than trying to summarize other contributors' views, we provide our own perspectives on the Economics of China--the past experience and the future prospects. Our reading of China's economic development over the past 35 years raises two major sets of issues, one of which is inward looking, and the other of which is outward looking. While Chinese aggregate development is impressive, it has raised the question of whether the growth is sustainable, and has led to a set of distributional issues and well-being concerns. We argue that these internal issues combine with those raised by China's rapid integration and ever growing presence in the international arena, to jointly frame the challenges faced by China in the next 35 years, as it approaches the 100th anniversary of the People's Republic in 2049. |
| the oxford companion to the economics of china: China's Green Consensus Virginie Arantes, 2022-09-09 Despite contrasting approaches, democratic and authoritarian governments all underline the fact that environmental protection is crucial and inevitable—and China’s enthusiasm in stepping up its efforts to protect the environment has not gone unnoticed. This book highlights how the consensual orchestration of sustainability in China’s biggest city, Shanghai, affects non-state actors’ ways of perceiving, acting, and organizing around environmental issues. China’s Green Consensus examines grassroots realities as they intersect with events of everyday life, offering insights into areas that far transcend debates over coercive forms of environmentalism and exploring the “soft” and “green” facets of President Xi Jinping’s authoritarian approach to governance. The importance of environmental protection in people’s lives serves as a lens to analyze and understand authoritarian adaptations to environmental global phenomena. Arantes highlights how, through mobilization and (de)politicization, a “green” consensus leads to the displacement of state responsibilities and the cultivation of civil society in its own image. In so doing, she opens up new ways of thinking about the complexities of environmental governance, consensus politics, subject making, and citizenship in authoritarian contexts. This book will be of interest to scholars and students of Chinese society and politics, environmental politics, political ecology, international relations, and urbanization in Asia, as well as all others interested in the rising appeal of authoritarianism around the globe. |
| the oxford companion to the economics of china: The Cambridge Handbook of Twin Peaks Financial Regulation Andrew Godwin, Andrew Schmulow, 2021-07-15 First proposed in 1994, the Twin Peaks model of financial system regulation employs two specialist peak regulators: one charged with the maintenance of financial system stability, and the other with market conduct and consumer protection. This volume, with contributions from over thirty scholars and senior regulators, provides an in-depth analysis of the similarities and differences in the Twin Peaks regimes that have been adopted around the world. Chapters examine the strengths and weaknesses of the model, provide lessons from Australia (the first to adopt the model), and offer a comparative look at the potential suitability of the model in leading non-Twin Peaks jurisdictions. A key resource for central bankers, public policy analysts, lawyers, economists, politicians, academics and students, this work provides readers with a comprehensive understanding of the Twin Peaks model, and a roadmap for countries considering its adoption. |
| the oxford companion to the economics of china: China’s Uneven and Combined Development Steven Rolf, 2020-10-15 This book mobilises the theory of uneven and combined development to uncover the geopolitical economic drivers of China’s rise. The purpose is to explain the formation and trajectory of its economic ‘accumulation system’ — which remains a confounding hybrid of statist and neoliberal forms of capitalism — as the outcome of China’s geopolitical engagement of the USA during the late stages of the Cold War, and its participation in manufacturing global production networks (GPNs). Fear of geopolitical catastrophe drove China to open its economy, while GPNs enabled China to generate substantial export surpluses which could be recycled through state-owned banks as cheap credit and subsidies to large, vertically integrated and politically-controlled state-owned enterprises. In this way, a synergy emerged between the ‘neoliberal’ and ‘Keynesian-Fordist’ sectors of the economy, while the national-territorial state retained its form and expanded its functions. The book chronicles how this reliance on export surpluses, however, rendered China extremely vulnerable to external shocks — prompting a dramatic monetary and fiscal stimulus response to the crisis of 2008, even while sustaining the illusion of economic ‘decoupling’ from the global economy. Finally, it examines the growing role of the state in the current crisis-ridden economic model, as well as China’s current geoeconomic and geopolitical expansionism in areas such as the Belt and Road Initiative and the militarisation of the East and South China Seas. |
| the oxford companion to the economics of china: The Oxford Companion to Politics in India Niraja Gopal Jayal, Pratap Bhanu Mehta, 2010 The most comprehensive overview of Indian politics to date, the companion incorporates the best social science knowledge available on the developments in Indian politics and provides an analytical perspective of how such issues are best understood. |
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Oxford University provides world-class research and education to benefit society on a local, regional, national and global scale.
Welcome to the University of Oxford | University of Oxford
You don't have to be a student to get involved with the University of Oxford. Find out more about helping our research, visiting our beautiful buildings and world-famous museums, and …
Undergraduate admissions and outreach | University of Oxford
Discover the colleges which make Oxford a special place to live and study. Is Oxford right for you? Discover life as an Oxford student and make up your own mind
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Find out more about Oxford's foundation year for talented students who have experienced disadvantage and educational disruption. Choosing your course Top tips that will inspire you …
About the University of Oxford
Oxford is a world-leading centre of learning, teaching and research and the oldest university in the English-speaking world.
Applying to Oxford - University of Oxford
Oxford is recognised as offering one of the best educations in the world and competition for places to study here at undergraduate level is intense. On average we receive over 23,000 …
牛津大学 - University of Oxford
作为世界闻名的顶尖学府，牛津大学在过去数百年间里一直以其在教育、科研、医药、数学、经济及历史等各领域所取得的 ...
Facts and figures - University of Oxford
Dec 1, 2022 · Oxford was ranked first in the world in the Times Higher Education (THE) World University Rankings for 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024 and 2025 - a record …
Graduate admissions - University of Oxford
The Graduate Admissions pages of the University of Oxford website are designed for those applying for postgraduate study at the University of Oxford during the 2025-26 academic year.
History - University of Oxford
Oxford is a unique and historic institution. As the oldest university in the English-speaking world, it can lay claim to nine centuries of continuous existence.Here’s a timeline of key dates:
