scholarly journals The new program of stimulation of economy of China

Author(s):  
I. A. Nasibov

Not only have the effects of the global financial and economic crisis provoked the slowdown in economic growth in China. A Chinese government policy was also aimed at cooling the economy to remove the existing socio-economic imbalances. As a result of the crisis and the actions of the government of China's economic growth fell to a critical level. In this situation, the government of China has decided to launch a new program to stimulate the national economy. However, this program is qualitatively different from the incentive program of 2008-2009.

1993 ◽  
Vol 135 ◽  
pp. 491-514 ◽  
Author(s):  
Barry Naughton

Deng Xiaoping's economic legacy is overwhelmingly positive and quite secure-in this, it stands in contrast to his troubled and ambiguous political legacy. Of all of Deng's achievements, the transformation of China's economic system is the only one that is currently judged to have succeeded, and to have benefited large numbers of people. Deng presided over the Chinese government during a period of enormous economic change. Under his leadership, the government extricated itself from a legacy of massive economic problems and began a sustained programme of economic reform. Reforms transformed the economic system and initiated a period of explosive economic growth, bringing the country out of isolation and into the modem world economy.


1968 ◽  
Vol 27 (4) ◽  
pp. 835-845 ◽  
Author(s):  
E-Tu Zen Sun

There were mines and smelters located in all the provinces of Ch'ing China before the nineteenth century. Their sizes varied greatly, as did their role in the local as well as national economy. Government policy regarding these industries was not based on a uniform code, but rather reflected a body of principles that served as guidelines for coping with each individual situation as it arose. Indeed, reading the early Ch'ing documents on mining leaves one at first with the impression that the authorities were eternally debating over the question, “to mine or not to mine.” Upon closer examination it soon becomes clear, however, that “mining affairs” were far from being administered along haphazard lines. It is the intention of this paper to describe some of the basic factors that went into the making of government decisions regarding mineral enterprises. In doing this, it would be helpful to keep these questions in mind: how did the mineral industries fit into the general framework of an agrarian-based civil bureaucracy? In the application of policy, did the government invariably let its actions be determined by a priori conceptions, or did it base decisions on pragmatic grounds? What sort of relation was generally accepted as the norm between the government and the operators of the enterprises in the instances where government interest was manifest?


2019 ◽  
Vol 47 (1) ◽  
pp. 115-133
Author(s):  
Adalmir Antonio Marquetti ◽  
Cecilia Hoff ◽  
Alessandro Miebach

The PT governments combined elements of developmentalism and neoliberalism in a contradictory construction, organizing a large political coalition of workers and capitalists that allowed expanding the real wage and reducing poverty and inequality while maintaining the gains of productive and financing capitals. The decline of profitability after the 2008 crisis broke the class coalition constructed during Lula’s administration. The Dilma Rousseff government adopted a series of fiscal stimuli for private capital accumulation with meager economic growth. After her reelection, the government implemented an austerity program that resulted in negative growth rates. With the deepening economic crisis and without political support, Rousseff was removed from power. Os governos do PT combinaram elementos de desenvolvimentismo e neoliberalismo em uma construção contraditória, organizando uma grande coalizão política de trabalhadores e capitalistas que permitiu expandir o salário real e reduzir a pobreza e a desigualdade, mantendo os ganhos dos capitais produtivos e financeiros. O declínio da lucratividade após a crise de 2008 quebrou a coalizão de classes construída durante o governo Lula. O governo Dilma Rousseff adotou uma série de estímulos fiscais para a acumulação de capital privado com escasso crescimento econômico. Após sua reeleição, o governo implementou um programa de austeridade que resultou em taxas de crescimento negativas. Com o aprofundamento da crise econômica e sem apoio político, Dilma foi afastada do poder.


1985 ◽  
Vol 102 ◽  
pp. 234-252
Author(s):  
Donald C. Clarke

One of the major changes in Chinese Government policy since the death of Mao Zedong has been the new emphasis on the need for stability and regularity in everyday life, to be achieved by the systematic codification of laws and the strengthening of institutions for administering them. Since 1978 much legislation has been enacted with this end in mind, but the significance of this legislation is not self-evident. What the new laws minimally represent is a set of rules promulgated by the government which purport to govern social relationships in specified areas. Whatever else they might mean – that is, what social effects will follow from the declaration of particular rules – needs to be understood through a study of the individuals and institutions that will have to deal with these rules. Fundamentally, this is a matter of asking whether and why violations of “the law” should matter, and who has the power to find a violation and to remedy it.


Author(s):  
Carol Ting

For more than a decade, the Chinese government has poured copious resources into rural informatization as a means to increase agricultural productivity and rural economic growth. Such efforts so far have not produced definite results in rural areas, but increasing economic inequality and rising environmental threats have already forced the government to rethink its growth-centered development policy. Indeed, recent government releases clearly state the resolve to departure from the “GDP obsession” of the past. Meanwhile, the past three decades saw the rise of a powerful alternative development approach—the Capability Approach (CA), which focuses on empowering individuals and sees economic growth as one element of well-being. Given that the CA can potentially help devising a more coherent and holistic framework for Information and communications technologies for development (ICT4D), this paper examines the compatibility between the Capability Approach and the top-down socialist approach towards rural informatization in China. Built on two case studies of rural informatization in rural China, the present paper identifies potential obstacles to the adoption of the Capability Approach and discusses policy implications and suggestions.


2020 ◽  
Vol S.I. (1) ◽  
pp. 127-135
Author(s):  
Claudiu CICEA ◽  
◽  
Stefan Catalin POPA ◽  
Catalina Florentina ALBU ◽  
Cezar SIMION ◽  
...  

Technology transfer is one of the most important vectors for promoting technical progress in a society and for economic growth in general. It is a very complex process, with major implications on the standard of living of a population and on the level of competitiveness for a national economy. In this paper we propose to analyze the main meanings of the concept of technology transfer, the concrete ways of achieving it, the actors that are involved as well as the ways of evaluation. Particular attention will be paid to the particularities of technology transfer in the current context of the medical (and economic) crisis generated by the SARS-VOC2 virus pandemic.


Author(s):  
P. Makarenko

In article analyzed the signs and consequences of the economic crisis in Japan, revealed a system of anti-crisis government measures to stimulate economic growth, the stock market and real estate market, public policy and social programs. Successful anti-crisis measures and the negative effects of regulatory policy in the fall of domestic and foreign markets were considered. We were analyzed three major economic crises: the post-war crisis, the crisis of the 90s, the 2008 financial crisis. The economic crisis of the early 90s had a very specific background; analysis and reflection of them are allowed to reduce the crisis of 2008. The first crisis was caused mainly by internal economic factors, and the second – the global financial crisis. Pre-crisis economic had certain market conditions. During export economy Japan generated industrial growth, increase a foreign production, results of direct investment. Japanese companies had pursued a policy of active promotion in Asian markets. Over the years 2002-2007 decline the consumer demand, and in 2008 there were the first signs of recession. Textile and chemical industry, general engineering, ferrous metallurgy, information and communication electronic equipment had reduced production and profits. After analyzing the current situation in the world markets, the Japanese government approved the “Complex strategic measures to overcome the crisis.” The government executed the following major steps: 1. Increase local and regional regulation; 2. Reduction of taxes; 3. Exchange and stock markets regulation; 4. Reduce military spending; 5. The increase in exports, business building in regional market centers; 6. Promote small and medium enterprises (SMEs); 7. Formation of innovative markets; 8. Development of logistics infrastructure; 9. Reduce energy dependence, changing sources of energy; 10. The reform of social policy; 11. The reform of regional policy and investment; 12. The development of tourism projects. The experience of Japan can be adapted a series of reforms: decentralization, solving demographic problems, increasing regional and international business, scientific and technological development, investment in infrastructure and trade logistics, tourism development. Successfully reforms and strategic location was allowed Japan to survive the economic crisis and achieve economic growth.


Author(s):  
G. Ponedelko

The current financial and economic crisis has become a complete perfect surprise for the citizens and the government in Spain. By the end of 2009 it became evident that the magnitude, depth and duration of the crisis phenomena occurring in the country are significantly greater than in other EU countries. In such circumstances the Spanish government launched a search for a new model of economic growth.


2009 ◽  
Vol 38 (3) ◽  
pp. 165-181 ◽  
Author(s):  
Margot Schüller ◽  
Yun Schüler-Zhou

This contribution analyses the impact of the global financial crisis on the Chinese economy and the policies implemented by the Chinese government to cope with it. We argue, first, that China has not been able to decouple its economic performance from that of the U.S. and other developed countries. Second, although economic growth in the second quarter of 2009 showed that the stimulus package is working, the current development does not seem to be sustainable. In order to avoid another round of overheating, the government needs to adjust its stimulus policy. Third, the current crisis offers opportunities to conduct necessary structural adjustments in favour of more market-based and innovative industries, more investment by private companies and a stronger role of private consumption in economic growth. Fourth, with the external demand from the OECD countries declining, Chinese export companies need to further diversify their international markets and reorient their production and sales strategies to some extent towards the domestic market.


Author(s):  
J. J. Sarungu

Economic development theorists generally beliefs that investment mainly played an important role in economic growth. Based on that, one can easily to think that spatially disparity of economic growth mostly depends on spatially spread of investment. This work try to investigate the spatially spread pattern of investment in Indonesia in the past before the Asian financial and economic crisis occurred. In that time, the government development policy stressed not only on economic growth but also on reducing economic disparity included spatially. In the recent, the two kinds of economic development policies’ stressing are still continued by the government. Generally, the lessons from the past is that the spatially spread pattern of investment in Indonesia tended to still concentrated in the western Java island (in Jakarta and its surrounding) and also in the Sulawesi island. While in the other island, investment tended to spread.


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