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The Political Economy Of Chinas Systemic Transformation 1979 To The Present Raphael Shen

SKU: BELL-2474762

$ 31.00 ~~$ 45.00~~ (-31%)

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The Political Economy Of Chinas Systemic Transformation 1979 To The Present Raphael Shen instant download after payment.

Publisher: Palgrave Macmillan

File Extension: PDF

File size: 3.38 MB

Pages: 250

Author: Raphael Shen, Victoria Mantzopoulos

ISBN: 9780230103030, 0230103030

Language: English

Year: 2011

Product desciption

The Political Economy Of Chinas Systemic Transformation 1979 To The Present Raphael Shen by Raphael Shen, Victoria Mantzopoulos 9780230103030, 0230103030 instant download after payment.

After three decades of reign, Mao left China a structurally rigid and functionally inefficient economy. The imperative for systemic transformation was self-evident. By 2009, China’s nominal GDP reached $4.9 trillion. Its 2010 foreign reserve is in excess of $2.4 trillion. China has surpassed Japan as the second largest economy in the world. A statistical analysis of four countries indicates political stability and social calm helped gain the confidence of needed foreign investments. For China, it is foreign investment that has been fueling its export growth which in turn is most instrumental in its development path.