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3731. Making Sense of China's Economic Transformation

Author:
Dic Lo
Publication Date:
03-2006
Content Type:
Working Paper
Institution:
School of Oriental and African Studies - University of London
Abstract:
China's sustained rapid economic growth over the post-1978 reform era, which is also the era of globalisation, is of worldwide importance. This growth experience has been based mainly on China's internal dynamics. In the first half of the era, economic growth was propelled by improvement in both allocative efficiency and productive efficiency. From the early 1990s until the present time, however, economic growth has been increasingly based on dynamic increasing returns associated with a growth path that is characterised by capital deepening. In both periods, the growth paths and their associated long-term-oriented institutions contradict principles of the free market economy - i.e., doctrines of globalisation. In the form of an analytical overview, this article seeks to explain and interpret the historical background, logic of evolution, and developmental and social implications of China's economic transformation. The analytics draws on a range of relevant economic theories including Marxian theory of economic growth, Post-Keynesian theory of demand determination, and Neo-Schumpeterian theory of innovation. It is posited that these alternative theoretical perspectives offer better insights than mainstream neoclassical economics in explaining and interpreting China's economic transformation.
Topic:
International Relations, Development, Economics, and International Political Economy
Political Geography:
China

3732. Export-Oriented Policies, Women's Work Burden and Human Development in Mauritius

Author:
Myriam Blin
Publication Date:
02-2006
Content Type:
Working Paper
Institution:
School of Oriental and African Studies - University of London
Abstract:
This paper, looking at the case study of Mauritius, attempts to understand the factors affecting the relationship between EOP, women's work burden along different social backgrounds. The analysis is based on between-method triangulation consisting of a quantitative survey in the industrial sector and a qualitative survey in the industrial and services sectors. The main result shows that women and the social reproductive process were not affected in the same way depending on the socio- professional background of the woman.
Topic:
International Relations, Development, Economics, and International Political Economy
Political Geography:
Mauritius

3733. Die Europäische Union: Stolpersteine auf dem Weg zur Integration (The European Union: Stumbling Blocks on the Road to Integration)

Author:
Lutz Unterseher
Publication Date:
05-2006
Content Type:
Working Paper
Institution:
Project on Defense Alternatives
Abstract:
If one believes the officials in Brussels, the European Union, along with its institutional predecessors, has been a story of thoroughly successful economic integration. It is claimed that this development has to a considerable extent resulted from the impact of market forces, but also from the Union's (formerly: the Community's) well-conceived policies to promote competitiveness in certain regions and branches of industry as well as economic cohesion in general. The reality is somewhat sobering, however
Topic:
International Relations, Development, and Economics
Political Geography:
Brussels

3734. Mechanized Tube Artillery as an Integral Element of Expeditionary Forces

Author:
Lutz Unterseher
Publication Date:
05-2006
Content Type:
Working Paper
Institution:
Project on Defense Alternatives
Abstract:
Somewhat before the demise of the Crusader system, which would have been the world's heaviest mechanized howitzer, a vivid debate on the future of artillery began. This has further intensified in the related debate between the proponents of solid armor and the advocates of 'traveling light'.
Topic:
Security, Arms Control and Proliferation, Economics, and War

3735. QDR 2006: Do the forces match the mission? DOD gives little reason to believe

Author:
Carl Conetta
Publication Date:
02-2006
Content Type:
Working Paper
Institution:
Project on Defense Alternatives
Abstract:
As originally conceived the Quadrennial Defense Review was meant to help ensure the internal consistency of mid-and longer-term US defense planning. By “internal consistency” I here mean a concordance of strategy, assets, and budgets. As critics often put it in the past: the point is to show how the force fits the strategy and the budget fits the force. The exercise is supposed to “connect” our military strategy with our force development plans and, in turn, connect these with current and future budgets. In this regard, the 2006 QDR is long on assertion and short on quantification – “short” as in utterly lacking.
Topic:
Defense Policy, Economics, and War
Political Geography:
United States

3736. The Economic Impact of Tourism and the I Love New York Campaign

Publication Date:
11-2006
Content Type:
Working Paper
Institution:
Oxford Economics
Abstract:
Tourism directly gen e rates 4.5% of the state's employment base. With the inclusion of indirect and induced impacts, tourism is the catalyst for 707,266 jobs, or 6.7% of all non-farm employment.
Topic:
Economics
Political Geography:
United States and New York

3737. Ten years of the Euro-Mediterranean Partnership - accomplishments and prospects

Author:
Agata Kołakowska
Publication Date:
10-2006
Content Type:
Working Paper
Institution:
The Polish Institute of International Affairs
Abstract:
Ever since the European Economic Community came into being in the late 1950s, the member countries have always shared a belief that development of economic cooperation, especially through trade, is crucial to fostering good relations with Arab world nations. It was, however, essential to define the kind of cooperation that was to be pursued with countries which were then French colonies and enjoyed trade privileges. The first association agreements were concluded with the three Maghreb states in 1969. As time went by the EEC hammered out a more integrated approach to the non-member countries of the Mediterranean Basin with cooperation focussed on economic and development-related matters—a policy that chimed with the expectations of all the partners. The idea of framing a long-range plan to establish a free-trade area was grounded in a belief in the necessity of enhancing mutual relations in fields that were likely to yield the biggest benefits.
Topic:
Economics, International Trade and Finance, and Regional Cooperation
Political Geography:
Europe

3738. Global Imbalances and Low Interest Rates: An Equilibrium Model vs. A Disequilibrium Reality

Author:
Jeffrey Frankel
Publication Date:
08-2006
Content Type:
Working Paper
Institution:
The John F. Kennedy School of Government at Harvard University
Abstract:
Caballero, Farhis Gourinchas (2006) are motivated by three current properties of the world financial system: Fact 1: US current account deficits are large and rising. Fact 2: Long-term interest rates have been low since 2002. Fact 3: The share of US assets in world portfolios has been rising. Fact 3 follows naturally from fact 1; Fact 2 is the real anomaly.
Topic:
International Relations, Economics, Globalization, and International Political Economy

3739. The Economic Costs of the Iraq War: An Appraisal Three Years after the Beginning of the Conflict

Author:
Linda Bilmes and Joseph Stiglitz
Publication Date:
02-2006
Content Type:
Working Paper
Institution:
The John F. Kennedy School of Government at Harvard University
Abstract:
Three years ago, as America was preparing to go to war in Iraq, there were few discussions of the likely costs. When Larry Lindsey, President Bush's economic adviser, suggested that they might reach $200 billion, there was a quick response from the White House: that number was a gross overestimation. Deputy Defense Secretary Paul Wolfowitz claim e d that Iraq could “really finance its own reconstruction,” apparently both underestimating what was required and the debt burden facing the country. Lindsey went on to say that “The successful prosecution of the war would be good for the economy.”
Topic:
International Relations, Foreign Policy, and Economics
Political Geography:
Iraq, America, and Middle East

3740. What's So Special About China's Exports?

Author:
Dani Rodrik
Publication Date:
01-2006
Content Type:
Working Paper
Institution:
The John F. Kennedy School of Government at Harvard University
Abstract:
The phenomenal performance of China constitutes the great economic miracle of the last quarter century. China's economy has expanded by leaps and bounds, at historically unprecedented rates that few economists would have found plausible or feasible ex ante. More importantly, this growth has lifted hundreds of millions of people from deep poverty and has helped improve health, education, and other social standards. China has accomplished all this using its own brand of experimental gradualism--increasingly relying on markets and on price signals, yet until very recently doing so within the boundaries of a highly unorthodox set of institutions.
Topic:
International Relations, Foreign Policy, and Economics
Political Geography:
China and Asia