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Author: Fengbo Zhang Publisher: Fengbo Zhang ISBN: 0557094909 Category : Transportation Languages : en Pages : 200
Book Description
Dr. Zhang received his Ph.D. in Economics from Kyoto University in Japan. In 1986 he was a Senior Research Fellow at the STATE COUNCIL Research Center in China, introduced Western economics to China, assisted Deng Xiaoping leadership in promoting reform and open policies. Since 1988, he was a visiting scholar at Harvard University and the National Bureau of Economic Research, USA, represented leading Japanese companies during the rapid investment boom in the USA, and joined Fuji Bank. In 2003, he joined Citigroup as a Senior Vice President for Citibank Lending. He has published more than 10 books, including A CHINESE ECONOMIST'S JOURNEY and ANALYSIS OF CHINESE MACROECONOMY. He is regularly invited to speak to Chinese government and business leaders. The first edition of this book was published by the People Press, the top publisher in China in 1987, and has been used as key textbook for Chinese major universities as well as government training.
Author: Fengbo Zhang Publisher: Fengbo Zhang ISBN: 0557094909 Category : Transportation Languages : en Pages : 200
Book Description
Dr. Zhang received his Ph.D. in Economics from Kyoto University in Japan. In 1986 he was a Senior Research Fellow at the STATE COUNCIL Research Center in China, introduced Western economics to China, assisted Deng Xiaoping leadership in promoting reform and open policies. Since 1988, he was a visiting scholar at Harvard University and the National Bureau of Economic Research, USA, represented leading Japanese companies during the rapid investment boom in the USA, and joined Fuji Bank. In 2003, he joined Citigroup as a Senior Vice President for Citibank Lending. He has published more than 10 books, including A CHINESE ECONOMIST'S JOURNEY and ANALYSIS OF CHINESE MACROECONOMY. He is regularly invited to speak to Chinese government and business leaders. The first edition of this book was published by the People Press, the top publisher in China in 1987, and has been used as key textbook for Chinese major universities as well as government training.
Author: Edward L. Glaeser Publisher: University of Chicago Press ISBN: 022680058X Category : Business & Economics Languages : en Pages : 479
Book Description
"Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--
Author: Congressional Research Service Publisher: Createspace Independent Publishing Platform ISBN: 9781976466953 Category : Languages : en Pages : 52
Book Description
Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
Author: Maddison Angus Publisher: OECD Publishing ISBN: 9264163557 Category : Languages : en Pages : 196
Book Description
The study provides a major reassessment of the scale and scope of China’s resurgence over the past half century, employing quantitative measurement techniques which are standard practice in OECD countries, but which have not hitherto been available for China.
Author: Martha Lawrence Publisher: World Bank Publications ISBN: 1464814252 Category : Business & Economics Languages : en Pages : 101
Book Description
Over the past decade, China has built 25,000 km of dedicated highspeed railway—more than the rest of the world combined. What can we learn from this remarkable experience? China’s High-Speed Rail Development examines the Chinese experience to draw lessons for countries considering investing in high-speed rail. The report scrutinizes the planning and delivery mechanisms that enabled the rapid construction of the high-speed rail system. It highlights the role of long-term planning, consistent plan execution, and a joint venture structure that ensures active participation of provincial and local governments in project planning and financing. Traffic on China’s high-speed trains has grown to 1.7 billion passengers a year. The study examines the characteristics of the markets for which high-speed rail is competitive in China. It discusses the pricing and service design considerations that go into making high-speed rail services competitive with other modes and factors such as good urban connectivity that make the service attractive to customers. One of the most remarkable aspects of the Chinese experience is the rapid pace of high-quality construction. The report looks at the role of strong capacity development within and cooperation among China Railway Corporation, rail manufacturers, universities, research institutions, laboratories, and engineering centers that allowed for rapid technological advancement and localization of technology. It describes the project delivery structures and incentives for delivering quality and timely results. Finally, the report analyzes the financial and economic sustainability of the investment in high-speed rail. It finds that a developing country can price high-speed rail services affordably and still achieve financial viability, but this requires very high passenger density. Economic viability similarly depends on high passenger density.
Author: Moshe E. Ben-Akiva Publisher: Emerald Group Publishing ISBN: 1781902852 Category : Transportation Languages : en Pages : 512
Book Description
This title addresses the need to develop new freight transport models and scientific tools to provide sound solutions that consider the wide range of internal and external impacts. The international contributions push forward frontiers in freight transport modelling and analysis.
Author: Hans Lofgren Publisher: Intl Food Policy Res Inst ISBN: 0896297209 Category : Business & Economics Languages : en Pages : 79
Book Description
The purpose of this manual is to contribute to and facilitate the use of computable general equilibrium (CGE) models in the analysis of issues related to food policy in developing countries. The volume includes a detailed presentation of a static “standard” CGE model and its required database and incorporates features of particular importance in developing countries. The manual discusses the implementation of the model in GAMS and is accompanied by a CD-ROM that includes the GAMS software (free demo system), the GAMS input files for the model, sample databases, simulations, solution reports, and a social accounting matrix (SAM) aggregation program. Although the volume provides a standardized framework for analysis, the analyst is not forced to make “one-size-fits-all” assumptions. The GAMS code is written to give the analyst considerable flexibility in model specification.
Author: Lorant Tavasszy Publisher: Elsevier ISBN: 012416708X Category : Technology & Engineering Languages : en Pages : 269
Book Description
Freight Transport Modelling is a unique new reference book that provides insight into the state-of-the-art of freight modelling. Focusing on models used to support public transport policy analysis, Freight Transport Modelling systematically introduces the latest freight transport modelling approaches and describes the main methods and techniques used to arrive at operational models. As freight transport has grown exponentially in recent decades, policymakers now need to include freight flows in quantitative evaluations of transport systems. Whereas early freight modelling practice was inspired by passenger transport models, by now it has developed its separate stream of methods and techniques inspired by disciplines such as economic geography and supply chain management. Besides summarizing the latest achievements in fundamental research, this book describes the state of practice and advises practitioners on how to cope with typical challenges such as limitations in data availability. - Uniquely focused book exploring the key issues and logistics of freight transport modelling - Highlights the latest approaches and describes the main methods and techniques used to arrive at operational models - Summarizes fundamental research into freight transport modeling, as well as current practices and advice for practitioners facing day-to-day challenges
Author: Mark Dougan Publisher: Routledge ISBN: 1317794478 Category : Political Science Languages : en Pages : 276
Book Description
First published in 2002.This volume is a political economy analysis o f China 's civil aviation industry, with a focus on the reform period beginning in the late 1970s up to the present. The chief aim is to identify and analyze the most important political economy variables impacting on the industry's development during this time.
Author: Robert C. Feenstra Publisher: University of Chicago Press ISBN: 0226239721 Category : Business & Economics Languages : en Pages : 603
Book Description
In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.
Author: Fengbo Zhang
Author: Fengbo Zhang
Author: Edward L. Glaeser
Author: Congressional Research Service
Author: Maddison Angus
Author: Martha Lawrence
Author: Moshe E. Ben-Akiva
Author: Hans Lofgren
Author: Lorant Tavasszy
Author: Mark Dougan
Author: Robert C. Feenstra