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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...
Persistent link: https://www.econbiz.de/10010273126
Our central proposition is that monitoring costs increase with physical distance, and hence, direct investments located further from the foreign investor’s home base should be more likely formed as joint ventures. Tests on a data set of Taiwanese direct investments in Mainland China provide...
Persistent link: https://www.econbiz.de/10005134453
How are Asian countries preparing children to have skills—including creativity, innovation, and technical capability—to compete in the 21st Century global economy? Countries including China, Korea, Japan and Singapore have begun to integrate education policy and practice into a key component...
Persistent link: https://www.econbiz.de/10009393784
China's remarkable poverty alleviation is quite uneven across regions in the last quarter of the century. It is important to explore why China has such huge disparity in poverty distribution in spite of overall dramatic economic growth and the vast improvement in per capita income. The aim of...
Persistent link: https://www.econbiz.de/10004977461
A theory is outlined for why an expansion of international trade may aggravate inequality in developing countries such as China.
Persistent link: https://www.econbiz.de/10005050530