Showing 1 - 10 of 223
of Japan, the Tiger states and China with their respective strategies of industrial policy and export-led growth. Is …Using a strategy of export-led growth and an activist industrial policy, Japan, the Asian Tigers and more recently … China have attained high rates of economic growth. Export-led growth has taken over the status as model for developing …
Persistent link: https://www.econbiz.de/10011257823
As an innovator in the financial system, China was the first to use paper currency. Eventually the form of currency was … held responsible for devastating inflation and was abandoned during the Ming Dynasty. Going forward in time, uprisings and … discontent have emphasized the importance of controlling inflation. The central bank is pivotal in issuing monetary policy to …
Persistent link: https://www.econbiz.de/10009323474
Agency-based explanations of the great deprivation, contrasted with structure-based explanations, suffer not merely from the criticism of relying on irrational and irresponsible behavior of millions, including that of the most astute financial experts, but are also at a loss to explain why such...
Persistent link: https://www.econbiz.de/10005619598
This paper empirically examines developments in price and inflation in China from 1991 to 2005. Unlike most previous … evidence that inflation can be explained by economic fundamentals such as money, credits, productivity, and exchange rate … sensitive to the sample period than to the region type. Notably, money does not seem to be closely associated with inflation …
Persistent link: https://www.econbiz.de/10008615004
One of the greatest challenges China faces is how to reshape its heavily investment-driven mode of economic growth. By … investigating how the rebalancing of Japan’s economic growth mode was realized in the 1970s, we indicate that it is essential in the … to Japan’s experience to indicate that achieving domestic rebalancing does not necessarily lead to external rebalancing. …
Persistent link: https://www.econbiz.de/10009226815
In his Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith (1776) considered the phenomenon of division of labor so enormously significant for the creation of a nation’s wealth that he devoted the first three chapters of his book to an investigation of this process. This is...
Persistent link: https://www.econbiz.de/10008596380
With North Korea going nuclear, tensions ever present in the Taiwan Strait, and growing posturing over territories … Northeast Asia has become increasingly important. Globalisation and China’s galloping economy have caused radically different …
Persistent link: https://www.econbiz.de/10005836788
In March 2005, riots erupted in South Korea against Japan for claiming sovereignty over some rocky uninhabited islets …
Persistent link: https://www.econbiz.de/10005837321
allowed. Because of a great deal of low-cost abatement opportunities available in the energy sectors of China and India and …
Persistent link: https://www.econbiz.de/10005616753
This paper examines Japan’s foreign aid sanction policy toward China. The Japanese government seems to be reluctant to … take strict measures against China. Only due to strong criticisms from other aid donors did Japan cut aid to China. However … diplomatic interests have prevented Japan from using stern foreign aid sanctions against China. …
Persistent link: https://www.econbiz.de/10005617126