The Sah-Stiglitz "Economics of Price Scissors' model, concerning the political economy of price scissors, formulates the optimal terms of trade against peasants. In the present paper, by extending this model to an open economy and allowing agricultural rationing, we first check if the model...

The employment shock of late 2008 in the Peoples Republic of China (PRC) may have been a product of three different events : (i) the contractionary macroeconomic policies introduced by the government and the central bank in 2007 to slow growth, (ii) the introduction of the new Labor Contract Law...

This article derives a simple method for projecting pension deficit as percent of GDP in future years based on commonly available population forecasting and a few predictable economic and policy variables. Compared with the classic basic equilibrium equation of pension funds, our new formula...

In the paper we discuss China's participation in both the 2009 Copenhagen negotiations on a post-Kyoto global climate change regime currently under way and out beyond Copenhagen in further negotiations likely to follow. China is now both the largest and most rapidly growing carbon emitter, and...

The rise of China has major repercussions for a country such as Bangladesh which has emerged as an important player in the global apparels market. True, the global pie in apparels trade is expected to expand considerably in view of the increase in demand, and also on account of the envisaged...

China has achieved great success in its economic development since it has conducted economy-wide reforms and opened itself to the outside world. Within less than three decades, China has now become a leading economy in the world, the second largest in FDI inflow, the third largest in foreign...

Chinas domestic market is finally in the process of being integrated into the international market. Trade liberalization will play an important role in this process. It will expand Chinas trade opportunities further, lead Chinas manufacturing sectors to participate extensively in the...

The Peoples Republic of China (PRC) has emerged as a major player in the global economy and considers free trade agreements (FTAs) an important part of its global trading strategy. The PRCs export industries are embedded in existing regional and global production networks and are reliant on...

Indian and Chinese enterprises have emerged as important outward investors in recent times with their involvement in a number of prominent Greenfield investments and acquisitions. The theory of international business posits that the ownership of some unique advantages having a revenue generating...