Die seit 1979 verfolgte Öffnungspolitik der VR China soll eine Modernisierung der Volkswirtschaft ermöglichen mit dem Ziel, die Agrar- und Industrieproduktion bis zum Jahr 2000 zu vervierfachen. Diesem Ziel sollen ein neu geschaffenes Wirtschaftsrecht, eine Dezentralisierung wirtschaftlicher...

In the past, foreign shocks arrived to national economies mainly through trade channels, and transmissions of such shocks took time to come into effect. However, after capital globalization, shocks spread to markets almost immediately. Despite the increasing macroeconomic dangers that the...

Is the Chinese growth miracle - a remarkably high growth rate sustained for over two decades - likely to persist or are the seeds of its eventual demise contained in the policies that have boosted growth? For all its presumed flaws, the particular approach to macroeconomic and structural...

This paper analyzes China's economic performance in the last 25 years and discusses its prospect for growth in the future. China has enjoyed high annual GDP growth rates of about ten percent in the last 25 years. Exports and investment were the two driving forces of the growth process. FDI plays...

Die Arbeit beschäftigt sich mit der Frage, ob die Wirtschaftssonderzonen in der Volksrepublik China ein sinnvolles Politikinstrument waren, um ein sozialistisches Wirtschaftssystem in einem Transformationsprozeß zu einem marktwirtschaftlichen System zu unterstützen. Darüber hinaus wird die...

This is the third and final paper in a three-part series exploring the decision-making process in China. Presenting reform as a holistic system consisting of economic, political, cultural, social and ecological subsystems, President Xi Jinping introduced a top-level design as the theoretical...