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This book addresses a number of important topics and issues associated with China's economic transition, growth and global integration. The chapters, by a distinguished group of scholars, provide a timely assessment of recent developments in the Chinese economy. The authors employ contemporary economic theory and the latest statistics to analyze the sources and spillover effects of China's growth, to investigate the relationship between growth and business cycle, and to shed light on China's growth prospects in the coming decade. In the context of growth, transition and globalization, the chapters also cover issues such as labour economics, urban efficiency, banking and macroeconomic management.Economic Growth, Transition and Globalization in China is a highly focused and unique work of direct policy relevance and is aimed at an international audience. It is an invaluable combination of rigorous theoretical work and empirical material.This timely book should be an important reference for researchers and students of Asian studies, and the Chinese economy, in particular. It will also appeal to business analysts.
Edited by Yanrui Wu, Professor in Economics, University of Western Australia, Australia
Contents:Preface1. IntroductionYanrui WuPART I: ECONOMIC GROWTH AND OUTLOOK2. Sources of GrowthNazrul Islam, Erbiao Dai and Hiroshi Sakamoto3. Inter-Regional Output SpilloversNicolaas Groenewold, Guoping Lee and Anping Chen4. Business Cycle and GrowthYanrui Wu5. Growth Prospect During 2005–2020Shantong Li, Yongzhi Hou, Yunzhong Liu and Jianwu HePART II: URBAN ECONOMY, MIGRATION AND LABOUR MARKET6. Performance of City EconomiesYuk-shing Cheng and Sung-ko Li7. Rural Migrants and Public SecurityIngrid Nielsen and Russell Smyth8. Job-Matching EfficiencySheng YuPART III: BANKING, EXCHANGE RATES AND GLOBALIZATION9. Banking Reform and Macroeconomic ManagementMichael Thorpe10. The Exchange Rate DebateJames Laurenceson and Fengming Qin11. Globalization and Economic DevelopmentAbu SiddiqueIndex