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2018 marks the 40th anniversary of the start of China's reform and opening up policy, which created China's growth miracle with an annual average growth rate of around 9.5 percent. China's rapid rise and internationalization has also generated profound impacts both regionally and globally. This edited book aims to bring together academics and researchers at policy institutions to discuss ongoing research on a wide range of theoretical and empirical issues related to China's rapid rise and internationalization from both regional and global perspectives.
Asia's miraculous recovery from the 1997 crisis ushered in unexpected transformations to its economies and financial sectors. The reasons many Asian countries are growing above 6%, with double-digit growth for a year or two in-between, are investigated by this extensive research collection. The Handbook of Asian Finance covers the most interesting issues raised by these growth rates. From real estate prices and the effects of trading technologies for practitioners to tax evasion, market manipulation, and corporate governance issues, expert scholars analyze the ways that the region is performing. Offering broader and deeper coverage than other handbooks, the Handbook of Asian Finance explains what is going on in Asia today. - Devotes significant attention to the systematic risk created by banks' exposure to links between real estate and other sectors - Explores the implications implicit in the expansion of sovereign funds and the growth of the hedge fund and real estate fund management industries - Investigates the innovations in technology that have ushered in faster capital flow and larger trading volumes
As economic power diffuses across more countries and China becomes more dependent on the world economy, Chinese leaders are being forced to abandon their largely passive approach to global governance. This report analyzes China’s interests and behavior to evaluate both the recent history of its interactions with the postwar international order and possible future trajectories. It also draws implications from that analysis for future U.S. policy.
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This book offers a collection of studies on regional integration and the dynamic business environment in East Asia. The papers included, originally presented at the 2014 Asia Pacific Business Conference on "Free Trade Agreements and Regional Integration in East Asia," examine the challenges and dynamics in the increasingly integrated East Asian markets and outline a new paradigm for doing international business in the region. The papers address diverse areas related to regional integration, financial markets, investment, trade and capital flow, sustainability, accounting and auditing issues, exchange rates, strategies and the regional business environment. The book provides a valuable resource for practitioners, policy-makers and students who are interested in understanding the vibrant aspects of business in today’s East Asia.
Risk measures play a vital role in many subfields of economics and finance. It has been proposed that risk measures could be analysed in relation to the performance of variables extracted from empirical real-world data. For example, risk measures may help inform effective monetary and fiscal policies and, therefore, the further development of pricing models for financial assets such as equities, bonds, currencies, and derivative securities.
This volume is the first comprehensive study of China's “political civilization” since the term was introduced by then Party Secretary Jiang Zemin in 2002. Selected among about 200 papers delivered at an international conference in Beijing in 2004, this collection of ten essays discusses the relations between “political civilization” and political reform in China from the different perspectives of institution building, political culture, political theory, intra-party democracy, political participation, judiciary reform, legislative reform, and media reform. While the contributors are aware of the enormous difficulties China faces in reforming its political system and political culture, most are optimistic about the prospect of reform. Through theoretical discussions, the institutional analysis and other empirical methods in the book contribute to our understanding of Chinese politics in unique ways.
This book focuses on the mathematical and physical foundations of remote sensing digital image processing and introduces key algorithms utilized in this area. The book fully introduces the basic mathematical and physical process of digital imaging, the basic theory and algorithm of pixel image processing, and the higher-order image processing algorithm and its application. This book skillfully and closely integrates theory, algorithms, and applications, making it simple for readers to understand and use. Researchers and students working in the fields of remote sensing, computer vision, geographic information science, electronic information, etc., can profit from this book. For their work and research in digital image processing, they can master the fundamentals of imaging and image processing techniques.