China's Industrial Revolution And Economic Presence
Book Details
Format
Hardback or Cased Book
ISBN-10
9812564659
ISBN-13
9789812564658
Publisher
World Scientific Publishing Co Pte Ltd
Imprint
World Scientific Publishing Co Pte Ltd
Country of Manufacture
SG
Country of Publication
GB
Publication Date
Dec 30th, 2005
Print length
324 Pages
Weight
572 grams
Dimensions
23.20 x 15.50 x 2.30 cms
Product Classification:
Development economics & emerging economies
Ksh 19,100.00
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Aims to shed light on the country's rapid industrialization and internationalization by looking at questions such as: Can China sustain its accelerated rate of growth? Can labor supply be sustained at a relatively low wage rate? Can inflow of foreign direct investment be sustained at a high rate, given the consequent exposure to inflation?
For some twenty-five years after 1949, China did not exist and the country was only rediscovered in the 1970s. As China looks set to soar in the new millennium, there is an urgency to understand the world''s most populous economy with a billion plus people. This book aims to shed light on the country''s rapid industrialization and internationalization by looking at questions such as: Can China sustain its accelerated rate of growth? Can labor supply be sustained at a relatively low wage rate? Can inflow of foreign direct investment be sustained at a high rate, given the consequent exposure to inflation? Will China''s domestic market absorb its own output as the limit on the ability to export manufactures to overseas markets is reached? Is China''s currency undervalued? Given China''s foreign exchange reserves, should the country have a freely convertible currency?
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