Global financial crisis and challenges for China / / Yang Mu, Michael Heng Siam-Heng

• Autore: Yang Mu
• Pubblicazione: Hackensack, NJ, : World Scientific Pub., 2012
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (142 p.)
• Disciplina: 330.951
• Soggetto topico: Global Financial Crisis, 2008-2009
• Soggetto geografico: China Economic conditions 2000-; China Foreign relations
• Altri autori: HengMichael S. H. <1948->
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Preface; Contents; Chapter One Introduction; The Rest of the Book; Chapter Two The 2008 Financial Crisis and the Chinese Economy; Effects of the Global Financial Crisis on China's Economy; Optimism Amid the Slowdown: Domestic Demand as a Source of Growth; Loosening Monetary Policies; Early Signs of Recovery and the Road Ahead; A Closer Look at Consumption; Chapter Three Shanghai as an International Financial Centre; Shanghai as an International Financial Centre; Challenges Ahead; Appendix; Chapter Four The Renminbi Debate; Gradual Rise of the Yuan ; The Yuan in the Context of China's International Relations Charges of Currency Manipulation; A Weak Yuan Benefits Certain Sections in American and China; Reasons for the Yuan to Float; On Its Own Terms; Beyond the Issue of Exchange Rates; Turning Threats of Currency War into Economic Recovery 29; Chapter Five Promoting China-ASEAN Economic Cooperation; Introduction; Rapid Growth of China-ASEAN Trade in the CAFTA Preparatory Years; China-centric Regional Production Network; Some Challenges; Trade Deficits in ASEAN Countries; Pressures Experienced by Some ASEAN Industries ; Market Size Constrained by Income Competition from Other FTAs; Making Use of New Opportunities; Beneficial Nature of Trade; Investment in Production and Infrastructure; Coordination in Industrial, Fiscal and Monetary Policies; Chapter Six The Flying Geese Model; Introduction; The Flying Geese Model; Japan's Experience and Its Appeal; Pax Americana and Japan; The Asian Tigers and China; From After the Cold War to the 1997 Asian Financial Crisis; Understanding the Flying Geese Model; Two Additional Points for China to Note; Implications of the 2008 Financial Crisis; Concluding Remarks ; Chapter Seven Reflections on Developmental Models The Washington Consensus; The Beijing Consensus; Back to the Realm of Political Economy; Don't Forget the Context; Industrial Infrastructure Before the 1978 Reform; Quality of Workforce; Social Institutions and Networking; The Chinese Consensus; Learning from the Scandinavian Experience; Programme of Non-stop Learning; Chapter Eight By Way of Conclusion: Some Random Thoughts; Introduction: Challenges Ahead; Fundamentals of Long-Term Economic Growth; The Roles of Social Innovation; Efficient Use of Natural Resources; Specific Conditions of China ; Taxation, Corruption and All That The 12th Five-Year Plan*; Concluding Remarks; Index
• Sommario/riassunto: The book analyzes the nature of Chinese economy which enables it to go through the financial tsunami pretty unscathed. It discusses the stimulus package designed by the Chinese government to keep the economy on course, as well as its results - both positive and negative aspects in the middle and long term.The 2008-09 financial crisis makes it very clear that we need a two-pronged approach to deal with the situation, namely governments need a) to take quick and decisive actions to stem any further deterioration in financial systems; b) to revamp their economies by refitting existing engines in
• Titolo autorizzato: Global financial crisis and challenges for China
• ISBN: 1-283-59359-9; 9786613906045; 981-4282-28-6
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910818140903321
• Lo trovi qui: Univ. Federico II