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Gradual change has been a hallmark of the Chinese reform experience, and China's success in its sequential approach makes it unique among the former command economies. Since 1979, with the inception of the continuing era of reform, the Chinese economy has flourished. Growth has averaged nine percent a year, and China is now a trillion dollar economy. China has become a major trading power and the predominant target among developing countries for foreign direct investment. Despite all this, China remains poor and the reform process unfinished. This book takes its defining theme from Deng Xiaopeng's famous metaphor for gradual reform: “feeling the stones to cross the river.” How far has China progressed in fording the river? The experts who contributed to this volume tackle many aspects of that question, assessing Chinese progress in policy reform, priorities for further reform, and the research still needed to inform policymakers’ decisions.
The diverse contributors to this book provide a unique set of essays that evaluate legal, regulatory, and economic aspects of China¿s transition from planned to market economy.
Based on a report by a World Bank task force, this book provides a candid assessment of the Bank's operations in Sub-Saharan Africa. The book examines how the Bank can strengthen its operational response to poverty and improve food security, recommends improvements and innovative approaches to poverty reduction, and discusses ways of strengthening and making further use of regional initiatives. Although the report identifies improvements in the work on poverty reduction that have taken place since 1995, it finds that much remains to be done: * On average, 45 to 50 percent of Sub-Saharan Africans live below the poverty line, a much higher proportion than any other region of the world except S...
Annotation World Bank Discussion Paper No. 335. Presents the proceedings of a high-level international symposium on Chinese state-owned enterprise reform held in Beijing, China, June 1995. This report includes five policy option papers presented by Chinese officials and one presented by the World Bank Group that makes recommendations for reform on the basis of the Group's international experience in this area.
World Bank Discussion Paper No. 352. Presents the proceedings of the China Urban Transport Symposium, held in Beijing, November 9-11, 1995, jointly sponsored by China's Ministry of Construction and Ministry of Finance, the People's Bank of China, the World Bank, and the Asian Development Bank. The symposium addressed a wide range of topics, including motor vehicle pollution, urban transport management and planning, bicycles in cities, mass rapid transit, public transit reform, and the role of the private sector.
"Tangled Titans offers the most current and comprehensive assessment available of United States-China relations. In this definitive book, leading experts consider the past, present, and future of this complex relationship through an in-depth exploration of its historical, domestic, bilateral, regional, and global contexts. Never in modern history have two great powers been so deeply intertwined, yet so suspicious and potentially antagonistic. Readers will find Tangled Titans essential reading to understand the current dynamics and future direction of relations between the world's two most important powers."--Page 4 of cover.
Evaluating China’s economic and military presence in the twenty first century, critically acclaimed author of The World We’re In Will Hutton discusses why it is crucial for the United States to embrace the powerful country as a partner or face it as an enemy. In this provocative and stimulating book, critically acclaimed author Will Hutton warns that China is running up against a set of daunting challenges from within its own political and economic system that could well derail its rise, leading to a massive shock to the global economy. The United States, he argues, must recognize that it has a vital stake in working to assure this doesn’t happen, for if China’s political liberalizat...
This book presents an alternative development path for Latin America based on an East Asian model.
Both economic research and the history of foreign aid suggest that the largest barriers to development arise from a society's institutions - its norms and rules. This book explains how institutions drive economic development. It provides numerous examples to illustrate the complex, interlocking, and persistent nature of real world rules and norms.